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California employers are required to notify the following individuals by February 14, 2024 of void noncompetes: 1) Current employees whose contracts include a noncompete clause or who were required to enter a noncompete agreement; and 2) Former employees employed after January 1, 2022, whose contracts include a noncompete clause or who were required to enter […]
Almost half of the states, and several major localities, will increase their minimum wage rates in 2024, with a majority of the changes effective on January 1, 2024. These articles list state and certain major locality minimum wage increases for the new year. Ogletree Deakins:2024 State and Major Locality Minimum Wage Updates Littler:Temperatures May Decrease, but […]
Chicago has recently voted to delay implementation of both Paid Leave and Paid Sick and Safe Leave until July 1, 2024. Until that date Chicago’s existing paid sick leave ordinance will remain in effect. Chicago will remain excluded from compliance with the separate Illinois Paid Leave for All Workers Act (PLAWA), which goes into effect on January 1, 2024. Seyfarth:If […]
The California Labor Commissioner has published an updated Wage Theft Prevention Notice template that employers may use. Under the California Wage Theft Protection Act, all employers are required to provide each employee with a written notice containing wage and paid sick leave information as well as information regarding the existence of a federal or state disaster […]
The Internal Revenue Service has recently announced cost-of-living adjusted limits for 2024. This article shows these limits for qualified retirement plans (including 401(k) plans), deferred compensation plans, and health and welfare plans. Davis Wright Tremaine:IRS Releases 2024 Cost-of-Living Adjusted Limits for Benefit Plans
Effective November 13, 2023, New York employers are required to provide employees, upon separation, with a revised notice of their right to file for unemployment benefits with the New York Department of Labor (NYDOL). The NYDOL will soon issue a new Record of Employment form that employers can use to satisfy the notice requirements. Seyfarth:Revisions to New York Unemployment Notice To […]
Effective December 31, 2023, the new Chicago Paid Leave and Paid Sick and Safe Leave Ordinance will replace the current Chicago Paid Sick Leave Ordinance. Under the new ordinance, employees will be entitled to 40 hours of paid sick leave and 40 hours of paid leave per year. The new ordinance applies to 1) all […]
Beginning on January 1, 2024, the Washington Paid Family and Medical Leave Program’s total premium rate will decrease from 0.8% to 0.74%. Additionally, the maximum weekly benefit will be capped at $1,456.00 per week in 2024. Jackson Lewis:Updates to the Washington Paid Family and Medical Leave Program
Under the long-term part-time (LTPT) employee rule of the SECURE Act, part-time employees who work at least 500 hours during three consecutive 12-month periods must be eligible to participate in a 401(k) plan. The 12-month periods began as of January 1, 2021, so the first time a LTPT employee could become eligible under this rule will be […]
