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3 Hidden HR Compliance Risks Every SMB Should Know

Extensis

However, employers must be aware of laws pertaining to its usage. For example, employers in New York City must obtain a “bias audit” for all automated decision tools. trillion by 2026. While these tools help drive efficiency, productivity, and sustainability, they also generate risk.

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Virginia Pushing for Pay Transparency Legislation

Trusaic

It would also prohibit employers from asking prospective employees for a salary history. If the bill is signed into law, employers operating in the state will need to adapt current compensation practices to comply. Action Items for Virginia Employers Although it appears likely that Gov. Determine pay ranges.

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AI Executive Order Issued by Biden Administration

Trusaic

Its technical assistance document contains implications for employers regarding potential “disparate impact” or “adverse impact” cases, and discrimination which could violate employment law. Disparate impact” applies to all employment decisions, including those on compensation.

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Your Guide To Florida Minimum Wage: What Small Businesses Need To Know

Homebase

That’s why it’s important to use a payroll tool like Homebase that automatically calculates the correct wages and taxes for all your staff, no matter what their role or age. For more in-depth information about labor laws in your state, check out our Florida employment law guide.

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7 Benefit Program Changes Resulting from the SECURE 2.0 Act of 2022

UKG

The $10,000 will be adjusted for inflation annually beginning in 2026. Emergency savings accounts: Effective 01/01/2024 Employers can choose to offer an emergency savings account for non-highly compensated employees, which would be linked to their retirement account. Act of 2022 Sidebar CTA Download now Download now

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US Pay Equity Regulations and the EU Pay Transparency Directive

Trusaic

In this article we explore the parallels between the EU Pay Transparency Directive, and the diverse state-level regulations and federal laws in the US. US compliance: challenges facing employers As they endeavor to ensure workplace fairness and equal compensation, American employers face increasingly complex pay equity legislation.