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New FAQs from the DOL shed more light on paid leave

Business Management Daily

First order of business: The DOL and the IRS have set the effective date of the Families First Act as April 1, 2020, even though 15 days from the date of enactment is April 2. It’s also unavailable after you close the business for employees who were taking paid leave prior to the closing. Remain open but reduce employees’ hours.

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Minimum Wage in 2020: Increases by State

Best Money Moves

Minimum wage in 2020: increases by state. will increase minimum wage requirements for workers in 2020, according to research by Paycor. . Minimum Wage Increases by State in 2020. Here is a list of effective and planned minimum wage increases by state in 2020 as previously identified by Paycor: State. 2020 Minimum Wage.

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Post-COVID record keeping — what you’re required to keep

Business Management Daily

Then Congress passed a series of laws designed to protect employees, provide limited paid leave, and help employers pay workers. Until the COVID-19 pandemic struck, there was no federal law requiring most private-sector employers to provide paid leave. The Family and Medical Leave Act ( FMLA ) doesn’t either.

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Denmark Employment Policy Changes

Global People Strategist

Denmark made some significant changes to its labor law in 2020. The changes include amendments to policies regarding holiday laws, paid leaves, and employee data protection, among others. Here we discuss the major 2020 Danish labor law changes in detail. Danish Holiday Act. They can earn up to 2.08

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Regular rate calculation gets a makeover

Business Management Daily

Nonexempt employees who work longer than 40 hours in a week must be paid overtime at 1.5 15, 2020, allow you to offer more perks to nonexempt employees without having to include those perks in their regular rate calculation when you’re figuring their overtime rate. times their regular rates of pay.

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Single Touch Payroll Phase 2: What to expect

Ascender

Other payments will likely be separately reported as well, to include a more detailed data reporting: Country Income, Salary Sacrifice, Bonuses and Commissions, Overtime, Directors’ Fees, Paid Leave (including Leave Payment Type and OTE status), and Deductions (including Type, Amount and Variation Reason).

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Single Touch Payroll is getting a facelift

Ascender

Other payments will likely be separately reported as well, to include a more detailed data reporting: Country Income, Salary Sacrifice, Bonuses and Commissions, Overtime, Directors’ Fees, Paid Leave (including Leave Payment Type and OTE status), and Deductions (including Type, Amount and Variation Reason).

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