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

Homebase

With so much going on, how can you be expected to stay up-to-date with the latest labor regulations and wage laws? But as a Florida business owner, you need to understand how much you should be paying your employees, as well as be aware of the frequent changes made to minimum wage rates in your state. Save time on payroll.

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2022 minimum wage increases by state

Homebase

The federal minimum wage rate that stipulates employers pay employees $7.25 an hour has not been modified since 2009. This rate is laid out under the federal Fair Labor Standards Act (FLSA) and applies to businesses around the country unless state law requires a higher wage. . 2022 minimum wage by state . Get started.

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How to Prepare for EU Transparency Directive Implementation

Trusaic

Organizations have three years – until June 7, 2026 – before pay transparency legislation is transposed into law. Unequal share of paid and unpaid work: Women have more work hours per week compared to men but spend more hours on work that is unpaid. But three years is only a short time when the EU faces a 12.7%

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NLRB and DOL Going After Worker Misclassification

Zenefits

Department of Labor’s Wage and Hour Division (WHD) and the National Labor Relations Board (NLRB) have announced that they will be collaborating in a new effort to improve compliance with the laws they enforce, including worker misclassification. The agreement will be in effect until December 2026.

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Virginia Pushing for Pay Transparency Legislation

Trusaic

If the bill is signed into law, employers operating in the state will need to adapt current compensation practices to comply. will be covered under pay transparency laws by 2026. will be covered under pay transparency laws by 2026. Establishing a compensation philosophy. Introduced by Sen. Glenn Youngkin’s desk.

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Is the EU Pay Transparency Directive the Future for US Pay Equity?

Trusaic

Workers who have suffered gender pay discrimination are entitled to compensation, including full recovery of back pay and related bonuses or payments in kind. There is no cap on compensation. Its key aim is to close the gender pay gap by introducing some of the most stringent and comprehensive pay transparency laws to date.

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

UKG

Catch-up contributions Effective 01/01/2024 Employees in a 401(k) and 457(b) plan whose wages exceed $145,000 (adjusted for the cost of living) for a prior plan year can only make catch-up contributions as Roth contributions (i.e., The $10,000 will be adjusted for inflation annually beginning in 2026. The Secure 2.0 The Secure Act 2.0