[Excerpt] In 2010, the National Employment Law Project found that nearly $1 billion was stolen from low-wage workers every year in New York City alone. Despite the strongest laws on the books, all evidence indicates that rampant wage theft continues in our state.
- Wage theft harms taxpayers across the state: employers who fail to pay minimum wage or overtime are also notorious for failing to pay taxes, workers’ compensation insurance, or unemployment insurance.
- Law-abiding employers cannot compete when the competitor down the street is undercutting them by stealing workers’ wages.
- When we fail to make wage and hour protections REAL by enforcing the laws on the books, we are SUBSIDIZING bottom-feeder employers. Responsible employers deserve a fair playing field.