HR leaders need to know how these affect salary ranges, paid sick leave, sexual assault claims and more
New employment laws have gone into effect in California as of Jan. 1, 2023.
Additionally, the state minimum wage has increased to $15.50 for all employers.
Here’s a breakdown of what HR leaders need to know to be compliant moving forward.
During the summer, a new law required employers in California with five or more employees to offer a retirement plan, whether that be a private-market option or the state-run CalSavers program, which manages a payroll deposit retirement savings arrangement. The new law expands the definition of an “eligible employer” to include a person or entity that has at least one eligible employee while excluding sole proprietorships, self-employed individuals or other business entities that do not employ any individuals other than the business owners.
Protecting employees’ financial futures has been a priority for state officials since learning that more than 7.5 million California workers – disproportionately women and people of color who work for smaller businesses – have no access to workplace retirement savings tools, according to CalSavers. As a result of the legislation, there has been a 76% year-over-year increase in California companies adopting low-cost, accessible retirement plans, according to Kristen Carlisle, general manager at Betterment at Work, a 401(k) plan leveraged by New York City-based Betterment’s...
An FIR has been filed against a woman for allegedly disseminating misleading information and attempting to attribute a communal motive to the Yamuna Expressway bus fire incident in Greater Noida, ...