Chapter 340

2011 -- S 0034

Enacted 07/13/11

 

A N A C T

RELATING TO LABOR AND LABOR RELATIONS -- PAYMENT OF WAGES

 

     Introduced By: Senators Tassoni, Bates, Lombardo, and Doyle

     Date Introduced: January 11, 2011

 

It is enacted by the General Assembly as follows:

 

     SECTION 1. Section 28-14-2.2 of the General Laws in Chapter 28-14 entitled "Payment

of Wages" is hereby amended to read as follows:

 

     28-14-2.2. Frequency of payment. (a) Except as provided in sections 28-14-4 and 28-

14-5, every employee other than employees of the state and its political subdivisions and of

religious, literary, or charitable corporations shall be paid weekly all due wages from his or her

employer, except those employees whose compensation is fixed at a biweekly, semi-monthly,

monthly, or yearly rate.

     (b) The director may, upon written petition showing good and sufficient reason, permit

the employer and its affiliates to pay wages less frequently than weekly provided: (1) The

employer or one or more of its affiliates is in the financial services or investment advisory

business; (2) The employer and its affiliates have more than two thousand (2,000) employees

located in Rhode Island; (3) The employer's average payroll exceeds one hundred twenty-five

percent (125%) of the average compensation of all employees in the state as defined in subsection

42-64.11-2(c); (4) The employer makes payment of wages regularly on a predesignated date no

less than twice per month; and (5) The employer provides proof of a surety bond or other

sufficient demonstration of security in the amount of the highest biweekly payroll exposure in the

preceding year for the employees subject to the petition.

 

     SECTION 2. This act shall take effect upon passage.

     

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LC00043

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