Bulletins

DOL Issues New Salary Limits for Overtime Exemptions

OVERVIEW On Sept. 24, 2019, the U.S. Department of Labor (DOL) announced a new final rule that updates the salary thresholds that some individuals must meet in order to qualify for a minimum wage and overtime exemption under the federal Fair Labor Standards Act (FLSA). The final rule becomes effective on Jan. 1, 2020. The […]

Read More

Compliance Bulletin: New York Equal Pay Expansions

New York State is leading the way in anti-discrimination in the workplace. As we first notified you in July, the state has amended its pay equity laws in three significant ways. The first two changes outlined below take effect October 8, 2019, while the third change goes into effect early next year.   EFFECTIVE OCTOBER […]

Read More

2020 NY PFL Rates Released

On August 30th, the Department of Financial Services (DFS) published the NY Paid Family Leave (PFL) premium rate percentage for the 2020 calendar year. The New York State Average Weekly Wage was also announced.   For 2020, the employee contribution rate for Paid Family Leave will increase from 0.153% to 0.270% of an employee’s gross wages each pay […]

Read More

IRS Expands Preventive Care to Include Chronic Conditions

Back in June, President Donald Trump signed an executive order aimed at improving price and quality transparency in health care. The order directed federal agencies to issue guidance in several areas regarding health care costs. The most recent IRS announcement is big news for those with chronic conditions.   OVERVIEW On July 17, 2019, the […]

Read More

NY Passes Laws to Expand Protection Against Pay Discrimination

On Wednesday, July 10th, Governor Cuomo signed into law new legislation to expand equal pay laws and prohibit employers from asking about salary history.   Equal Pay The first law (S5248B/A8093A) relates to prohibiting certain wage differentials on the basis of a protected class, and would amend New York State’s current equal pay law – […]

Read More