If your organization offers any type of retirement benefit, perhaps you’re already familiar with the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019. The majority of this legislation went into effect at the beginning of 2020 and made some interesting changes to various retirement plan contribution and withdrawal rules.
As businesses attempt to navigate the post-COVID-19 landscape, one issue of concern is the possibility of claims for alleged exposure to the contagion being filed by both customers and employees. The concerns have been complicated by the often conflicting guidance or requirements placed on businesses by local, state, and federal governments or agencies.
The initial fallout from the COVID-19 pandemic is putting new urgency on company benefits. As employees look to their benefits offerings, companies are responding in kind by leveraging, expanding, and creating new benefits to answer the needs of their employee populations.
In a widely expected move, the Maryland General Assembly has approved a significant increase in the state’s minimum wage by voting for legislation aimed at increasing the current rate of $10.10 per hour to $15 by 2025.
Buried in the January 22 passage of legislation to re-open the federal government was a welcome bit of news for employers: The effective date of the wildly unpopular “Cadillac Tax” has been pushed back yet again. It is now set to take effect in 2022 rather than 2020 (the original implementation date was January 1, […]
Much of a new law affecting overtime pay in mills, factories, and manufacturing facilities in Oregon will take effect on January 1. In most circumstances, employers in Oregon must pay overtime wages after an employee has worked 40 hours in a week, but mills, factories, and manufacturing facilities also face a daily overtime requirement after […]
by Angelo D. Catalano Employers in New York need to be ready to provide paid family leave (PFL) to eligible employees as of January 1. The PFL law, signed into law in April 2016, allows eligible full- and part-time employees to take payroll-deducted paid leave for qualifying circumstances such as a serious health condition of […]
by Kevin C. McCormick On November 7, the Montgomery County (Maryland) Council unanimously approved Bill 28-17, Human Rights and Civil Liberties—County Minimum Wage Amount—Annual Adjustment, which will increase the minimum wage for all employees in the county by 2024. The legislation will increase Montgomery County’s minimum wage to $15 per hour for employers with 51 […]
by Richard I. Lehr —“I was lookin’ for love in all the wrong places, lookin’ for love in too many faces, searchin’ their eyes and lookin’ for traces of what I’m dreamin’ of.” The song “Looking for Love,” written by Wanda Mallette, aptly describes the circumstances of organized labor. Despite labor’s political expenditures and substantial […]
by Tammy Binford Missouri’s new right-to-work law, which was supposed to take effect August 28, is on hold after opponents of the measure submitted petitions to put the law up for a voter referendum in November. The state legislature passed the law, and Governor Eric Greitens signed it in February, but on August 18, unions […]