GNYADA February 2017 Newsletter

Cuomo Launches Min. Wage Enforcement Unit Keep compliant, to avoid costly penalties and invasive workforce audits!

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Governor Cuomo recruited more than 200 investigators to an enforcement unit that will monitor New York employers’ compliance with the State’s minimum wage laws. The Minimum Wage Enforcement and Outreach Unit will share enforcement responsibility with multiple state agencies, as part of a public awareness campaign to inform

workers about the new law and help businesses understand their wage payment obligations. As the information campaign will likely lead to more wage claims, it’s critical for dealers to make sure they properly compensate all workers. Penalties Under the new law, employers will be

fined $3 for every hour they fail to pay an employee the proper minimum wage. They must also pay back wages, plus all liquidated damages and civil penalties. The Association will continue keeping members informed as further enforcement details are finalized.

Some Scam-Warnings… Are Actually Scams

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been compromised. These can be attempts to extract confidential information. For example, someone claiming to represent the dealership’s bank may say they are messaging account- holders to “warn” them about scam emails sent in the bank’s name, adding that accounts have been “locked” to prevent anyone from losing money. Victims would then be prompted to call a phone number or

follow an online process in order to “unlock” the accounts. However, they are actually being scammed into revealing their account numbers, passwords and other confidential information, giving the scammers all the information they need to commit a theft. Wondering if a message is legitimate? Look up the bank’s phone number yourself, and call it directly to confirm.

We have seen dealerships receive messages from bogus companies and deceptive individuals warning them about data breaches, or claiming the dealership’s information has already

Save the Date: February 16 Information Security Guidelines

Center for Automotive Education & Training 15-30 Petracca Place, Whitestone, NY 11357 10:00am-1:00pm

As “financial institutions” dealerships must comply with the same regulations as banks, credit unions and other bodies that make consumer loans. Attendees of this seminar will learn how to adhere to finance regulations, and how to ensure the security of customers’ information. To register, contact Carole at carole@gnyada.com or 718.640.2012.

Greater New York Automobile Dealers Association • www.gnyada.com

The Newsletter • February 2017

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