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Watch Out California Employers: SB 1162 On Track To Become Law

Trusaic

It’s worth noting that the requirement to publicly disclose pay data reports was removed as part of the recent round of amendments. The Department of Fair Employment and Housing (DFEH), also known as the Civil Rights Department, no longer has to publish organizations’ pay data online and available to the public.

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4 compensation strategies to respond to rising minimum wages

HRExecutive

That’s the sound of 27 states implementing minimum wage increases in 2024 or in the near term via annual indexed increases or tiered jumps. per hour for non-exempt workers. . per hour for non-exempt workers. The minimum wage in the remaining states ranges from $8.75 according to a Paycom report.

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How Serious are OFCCP Equal Pay Penalties? Very.

Trusaic

The Office of Federal Contractor Compliance Programs (OFCCP) just won a significant equal pay victory against WMS Solutions, LLC, a staffing company focusing on asbestos abatement. As a condition of receipt of federal funds, contractors may be subject to an OFCCP audit, including a compensation analysis. 2015-OFC-00009 (June 17, 2015).

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Employee Cost: How to Calculate the Cost of an Employee?

HR Lineup

Direct Costs of Employment Direct costs are the most obvious expenses related to employing staff, encompassing elements directly tied to compensation. These include: Base Salary: The primary component of an employee’s compensation, typically determined by factors such as job role, experience, and market rates.

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California SB 1162: Frequently Asked Questions

Trusaic

Poised to pinpoint patterns of wage discrimination, California SB 1162 may be seen as going further than any pay equity-related bill ever has. Employers with 100 or more employees and/or 100 labor contractors must also provide pay data reporting submissions annually. Every so often, a “tsunami” law comes crashing in.

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Top 15 Tips to Track Payroll Metrics

HR Lineup

Accurate and efficient payroll processing ensures that employees are compensated correctly and on time, while also helping businesses comply with various regulations and tax requirements. Automated payroll systems can calculate wages, deductions, and taxes accurately, reducing the likelihood of errors and ensuring compliance with regulations.

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Wage Transparency Act Passes in District of Columbia

Trusaic

Bill 25-194 , or the Wage Transparency Omnibus Amendment Act of 2023 will require employers to include salary information in job listings. DC’s Wage Transparency Act aims to address one of the worst pay gaps for women of color in the US. Wage history ban: Employers cannot screen job applicants based on their wage history.