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Trendspotting: Top Ten Payroll Issues of State Legislatures

ThomsonReuters

States eye workforce as a legislative priority for payroll The majority of state legislatures began their legislative sessions this January. A flurry of bills is being proposed in the payroll space — many having to do labor and employment. State legislators are responding to the call. Minimum wage increases.

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Payroll trends to watch in 2022 (Part 1)

ThomsonReuters

Part 1 of this blogpost explains how prevalent payroll is in our daily lives with a focus on key issues in 2022, including worker classification, COVID-19 vaccine mandates, and wage and hour. Read part 2 for more 2022 payroll trends. It can result in costly penalties and the payment of back wages and taxes.

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Think Tank Analysis Finds Current Federal Minimum Wage Rate at Lowest Value in 66 Years

ThomsonReuters

On July 14, 2022, a nonpartisan, nonprofit think tank provided recent analysis of the Consumer Price Index (CPI) that shows the federal minimum wage rate of $7.25 FLSA minimum wage rate. The Fair Labor Standards Act (FLSA) of 1938 established, among other things, a federal minimum wage rate.

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Last Week in Payroll: Payroll in a Pandemic

ThomsonReuters

The first recorded use of the word “payroll” appeared around 1740 A.D. Over time, payroll has become much more than just paying wages to employees. Benefits and pensions are payroll-related and some human-resource-related duties also involve payroll. Payroll in a Pandemic.

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Last Week in Payroll: In Like a Lion; Out Like a Lamb

ThomsonReuters

In the early 1900s, automobile engineer Henry Ford made headlines for paying remuneration at two times the going hourly wage at the time – $5 per hour – to many of his employees. Whether it’s beer, bread or a decent hourly wage, employees want to be properly compensated for the work or service they perform for an employer.

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Last Week in Payroll: Minimum Wage

ThomsonReuters

Minimum Wage. The minimum wage rate has been a hotly debated topic at the national level for some time. The last federal minimum wage rate increase took effect on July 24, 2009 when the rate was increased to $7.25 per hour for federal contractor workers in 2022.

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Biden Addresses the State of Payroll in Union Address

ThomsonReuters

The legislation seeks to limit an employer’s defense in wage discrimination claims to only bona fide job-related factors, increase civil penalties for equal pay violations, and prohibit employers from requiring employees to sign a contract or waiver that does not permit the disclosure of employee’s wages. 15 Minimum Wage.

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