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1998 SESSION

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SB 297 Labor and employment; payment of wages and salaries.

Introduced by: W. Roscoe Reynolds | all patrons    ...    notes | add to my profiles

SUMMARY:

Labor and employment; payment of wages and salaries. Allows employers to pay the wages or salaries of their employees by electronic automated transfer. This bill removes provisions of law that permitted an employee to prevent automated payment by refusing to designate a financial institution to receive the funds, thereby requiring the employer to render payment by check or cash. The wages or salary of the employee may be transferred to the financial institution designated by the employee, unless such employee fails to designate such institution. If the employee fails to designate a financial institution to receive the wages or salary, the wages or salary may be transferred to a financial institution authorized to do business in the Commonwealth and selected by the employer after providing thirty days' written notice to the employee.


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