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New Obligations for Georgia Employers Paying Employees Using Payroll Card Account

Posted on June 26, 2015 by Viri Huerta

Georgia labor law posterOn May 5, 2015, Georgia passed Bill S 88 regarding employers’ payment of wages. An employer that chooses to make wage and salary payments using credit to a payroll card account must now provide employees with information relating to his or her payment of wages. Under the new law, payroll card account is defined as an account that is directly or indirectly established through a person, firm, or corporation employing wage workers or other employees and to which electronic fund transfers of the wage or salary of such employees are made on a recurring basis.  

The written explanation must include fees associated with the payroll card account, information on how to opt out of receiving credit to a payroll card account by submitting a written request for a check and by providing the proper designation and authorization for an electronic credit transfer. Employees hired on the date an employer elects to make payments by using credit to a payroll card account must receive a written explanation 30 days before the payroll card account becomes available. For employees hired after the date of payment election, a written explanation must be received at the time of hiring.  

 

Posted in Wage payment
Tagged Electronic Fund Transfers, Georgia Legislation, Payroll Card Account, Wage Payments

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