Compliance Corner

Illinois - Chicago To Phase Out Tipped Minimum Wage

Thursday, November 2, 2023
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Federal Compliance Update
The Chicago City Council has voted to phase out the tip credit that employers are currently allowed to use when paying tipped employees. Historically, Chicago allowed employers to pay tipped employees at a rate below the city's minimum wage, provided the tips received bring the worker’s earnings to at least the full minimum wage.

Pension Plan Limitations for 2024 Provided by IRS

Thursday, November 2, 2023
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Federal Compliance Update
On Nov. 1, 2023, the Internal Revenue Service (IRS) announced via Notice 2023-75, the cost-of-living adjustments applicable to dollar limitations for pension plans and other items for tax year 2024.

2024 Federal Contractor Minimum Wage Increase Announced

Thursday, November 2, 2023
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Federal Compliance Update
The United States Department of Labor (DOL) has announced increases to the minimum wages that federal contractors covered under Executive Orders (EO) 13658 and 14026 must pay their employees who are performing work on or in connection with certain covered federal contracts.

Massachusetts Employees May Supplement Paid Family Leave with PTO

Tuesday, October 31, 2023
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Massachusetts

Employees receiving Paid Family and Medical Leave (PFML) benefits in Massachusetts are entitled to supplement their PFML benefits with available accrued paid leave. The change is effective for PFML applications filed on or after Nov. 1, 2023. The state also announced that the contribution rate for 2024 will increase.

Illinois Provides Guidance on New Paid Leave Law

Tuesday, October 31, 2023
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Illinois

The Illinois Department of Labor has published guidance on the Paid Leave for All Workers Act which requires employers to provide employees with up to 40 hours of paid leave that they may use for any reason. The law takes effect Jan. 1, 2024.

California Raises Minimum Pay for Overtime Exemptions for 2024

Tuesday, October 31, 2023
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California

The California Department of Industrial Relations has announced an increase to the pay rates that computer software employees and physicians must receive in order to be exempt from overtime. Additionally, the minimum salary required for the administrative, professional, and executive overtime exemptions will also increase. These new rates take effect on Jan. 1, 2024.

Oregon Adds Public Service Protections

Monday, October 30, 2023
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Oregon

Oregon has enacted legislation (House Bill 3028), which adds protections for an employee that is appointed to a board, commission, council, or committee. House Bill 3028 is effective immediately.

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