Employers' use of payroll cards has recently come under scrutiny from the Consumer Financial Protection Bureau, which issued a bulletin in September warning employers that they cannot require employees to receive wages on employer-designated payroll cards. The bulletin comes on the heels of widespread attention to the issue in the U.S. Senate, the New York Attorney General's Office, and the media. The use of payroll cards is complicated by a patchwork of state and federal laws governing payroll payment systems and practices. Issues include whether card usage fees may be excessive, may be insufficiently disclosed, and/or violate wage and hour and wage payment laws.
In this webinar, we will discuss how to ensure that payroll programs utilizing payroll cards are in compliance with Regulation E; the Electronic Fund Transfer Act; the Dodd-Frank prohibition on unfair, deceptive, and abusive acts and practices; the Fair Labor Standards Act; and related state laws. The program is designed to educate employers about best practices for compliance, and payroll card issuers and distributors about legal issues facing their potential employer clients.
Program
12:00 PM - 1:00 PM ET | Webinar
Presenters
John L. Culhane, Jr.
Consumer Financial Services Group
Marjorie J. Peerce
Consumer Financial Services Group
Steven W. Suflas
Labor and Employment Group
This program is open to Ballard Spahr clients and members of industry. There is no cost to attend. This program is not eligible for continuing education credits.
Please register at least two days before the webinar. Login details will be sent to all approved registrants. For more information, contact Lisa Prickril at prickrill@ballardspahr.com.