Last week, New York State Governor Andrew Cuomo signed a bill that eliminates the requirement that New York State employers provide their employees with a written notice of wage information each year between January 1 and February 1. While this bill is not set to take effect until after February 1, 2015, Governor Cuomo signed the bill based on an agreement with the New York State legislature that an amendment to the bill would be adopted making the elimination of this annual notice requirement retroactive to January 1, 2015. As a result, New York State employers will not be required to provide these annual notices this month (or in the future). This development is welcome news for employers who found the annual notice requirement to be burdensome and without benefit. However, New York State employers are still required to provide a written notice of wage information to employees at the time of hire. An employer's failure to comply with this new hire requirement could be more costly now, as the new bill signed by Governor Cuomo also increases the monetary penalties for non-compliance.