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Many states and localities are set to increase their minimum wages on January 1, 2026. In California, Colorado, Maine, New York and Washington, the minimum salary required to be classified as exempt from overtime is tied to the minimum wage or is otherwise adjusted annually with the minimum wage and therefore will also increase on […]
New York State has raised the maximum weekly unemployment insurance benefit by almost 73%, increasing it from $504 per week to $869 per week. According to the New York Department of Labor (NY DOL), benefits will increase immediately. 77% of benefit recipients will receive the new maximum, while another 28% of current recipients will see […]
New York has officially joined the growing list of states requiring certain private employers to offer retirement savings options. Secure Choice is a state-sponsored retirement savings program structured as an automatic-enrollment Roth IRA. An employer will be covered under Secure Choice if it: ・Has 10 or more employees in New York at all times during the […]
For many in Japan, the United States is often associated with two iconic cities: New York and Los Angeles. Renowned as global cultural and economic hubs, these cities hold a unique appeal and influence. Similarly, Tokyo serves as an unparalleled megacity, embodying Japan’s identity and international prominence. Among many Japanese individuals, New York is regarded […]
Beginning on January 1, 2025, the states Workers’ Compensation Law will permit all workers to file claims for mental injury premised upon “extraordinary work-related stress”. Similar to physical injuries, the question of whether a causal relationship exists between a work activity and the mental injury is an issue of fact for the Workers’ Compensation Board […]
Effective January 1, 2025, the employee contribution rate and benefit amounts under the New York Paid Family Leave Law (NYPFL) will change as follows: 1) The contribution rate will be 0.388% of an employee’s gross wages per pay period, for a maximum annual contribution of $354.53; and 2) The maximum weekly benefit amount will be $1,177.32 […]