Chapter 282
2012 -- H 7314 AS AMENDED
Enacted 06/19/12
A N A C T
RELATING TO
LABOR AND LABOR RELATIONS - PAYMENT OF WAGES
Introduced By: Representatives Hearn, Marcello, Tomasso, and Ruggiero
Date Introduced: February 01, 2012
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) (1)
The employer and its affiliates have more than two thousand (2,000) two
thousand five hundred (2500) employees located in (3) (2) The employer's average
payroll exceeds one hundred twenty-five percent (125%)
one hundred thirty-five percent (135%)
of the average compensation of all employees in the
state as defined in subsection 42-64.11-2(c);
(4) (3)
The employer makes payment of wages regularly on a predesignated date no less than
twice per month; and (5) (4) 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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LC00916
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