The WTPA requires all NY employers to provide an annual notice to each employee explaining their wages.

Effective 1/1/2012 we are now required by law to provide “Notice of Pay Rate and Payday”  notifications between 1/1 and 2/1 of each year.

Included in this notification must be employee’s rate of pay, including overtime rate, how the employee is paid (hourly, weekly, salary, commission, liquor etc.) and the employer’s regular day.

There is no exemption and the fines are pretty hefty. You can be fined $50 per week per employee by the Department of Labor if notice is not provided and an individual worker can bring action.

Here is the DOL breakdown;
http://www.labor.ny.gov/formsdocs/wp/P715.pdf

Here is a template the DOL has provided:

http://www.labor.ny.gov/formsdocs/wp/LS54.pdf