Rules on Employee Wages

The employer is required to pay the employee’s wage in legal tender.[1] The employer is absolutely prohibited from paying the wage through promissory notes, vouchers, coupons, tokens, tickets, chits, or any object other than legal tender, even when expressly requested by the employee.[2] The prohibition does not apply to shares of stock of the corporation given as part of the employment offer as these are included in the employment contract’s consideration, and, thus, it is not part of the wage.

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