On October 4, 2024, the IRS published Notice 2024-73 with guidance on the eligibility of long-term, part-time employees for participation in ERISA 403(b) plans under SECURE Act 2.0. This update clarifies how part-time employees can qualify for plan participation based...
Statewide Coloradoâs minimum wage is expected to increase to $14.81 per hour and $11.79 per hour for tipped employees. The proposed minimum salary for exempt executive, administrative, or professional employees will increase to $1,086.25 per week, or $56,485 per year....
Beginning January 1, 2025, Connecticutâs paid sick leave lawâwhich currently covers employers with 50 or more employees in the state and only applies to service workersâwill be significantly expanded to cover almost all employees and employers. Below are some of the...
Election Day is almost here, so now is a good time to brush up on voting leave laws and make sure youâre posting any mandatory notices. Voting Leave Most states require that employers provide at least a few hours off to vote, and sometimes those hours need to be paid....
On August 23, 2024, the Fifth Circuit Court of Appeals vacated the DOLâs so-called â80/20/30â tip credit rule. The decision applies nationwide. In short, the rule required employers to pay tipped employees the full minimum wageâwithout a tip creditâfor work time that...
Effective August 13, 2024, employers of all sizes will be prohibited from taking adverse action against volunteer firefighters and emergency medical technicians (EMTs) for reporting late to work because they are responding, in their official capacity, to an emergency...
