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Current event news and information

Benefits

Wage and Salary History Now Prohibited in New York

We previously posted that salary history inquiries were prohibited in New York City. This is now the case throughout the State. The new law takes effect on January 6, 2020. Key Components of the Law are that no employer shall: Rely on the wage or salary history of an applicant in determining whether to offer employment to such individual or in determining the wages or salary of such individual; Orally or in writing seek, request, or require the wage or salary history from an applicant or current employee as a condition to be interviewed, or as a condition of continued

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Benefits

Healthcare “Cadillac Tax” Delayed until 2022

Delayed Again but Not Repealed The recent government funding bill included a provision to further delay the Cadillac Tax. The tax is a 40% excise tax on plans with value over certain indexed thresholds. The stopgap funding bill also amends other tax provisions that were part of the Affordable Care Act, such delaying the medical device tax—a 2.3 percent tax on the sale of certain devices—until 2020. In addition, the bill would extend the Children’s Health Insurance Program (CHIP) for six additional years. Review of the Cadillac Tax The annual limits are as follows: $10,200 for individual coverage ($11,850 for

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Compensation

The New Federal Paid Leave Tax Credit

The new federal tax act created a credit for employers that provide paid family and medical leave to employees. This will be in effect at least until the end of 2019. The IRS and Treasury Department have not yet issued official guidance regarding the credit as of yet. Tax Credit Summary Employer Credit for Paid Family and Medical Leave: Eligible employers can claim a general business credit equal to a percentage of wages paid to qualifying employees on leave under the Family and Medical Leave Act (FMLA). To receive the credit, employers will have to provide at least two weeks

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Benefits

City of Chicago – New Mandatory Sick Time Policy

The City of Chicago added a paid sick time policy effective July 1, 2017. The policy mandates 1 hour of sick time for every 40 hours worked with a cap of 40 hours. Employees are also allowed to carry over 1/2 of their respective unpaid accrual into the next year. Employers who already have a more generous policy do not need to take any action other than to display the poster with other employment compliance notices. Employers who do not offer vacation or sick leave may want to add an “accruals” module to their payroll process. Here are additional compliance

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HR Management

You can’t ask about Salary History in NYC

Mayor Deblasio has signed a bill that makes it an “unlawful discriminatory practice” for employers to inquire about the salary history of a prospective employee, or to rely upon salary history unless the applicant offers the information voluntarily.  The legislation is aimed at eliminating what supporters say is one of the reasons the wage gap between men and women is perpetuated. The new law will take effect on October 31, 2017. What the NYC Law Provides No Inquiry About Salary History The legislation amends the New York City Human Rights Law by adding a provision that makes it an “unlawful discriminatory

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