(InsuranceNewsNet) Independent Contractor Rule Proposal Spurring Angst, Confusion

Rob Wilson, President of Employco USA, was recently interviewed for an InsuranceNewsNet article titled “Independent Contractor Rule Proposal Spurring Angst, Confusion.”

Snippet from the article:
“An economic realities test puts a whole new host of requirements on American employers,” said Rob Wilson, President of Employco USA, a national employment solutions company. Wilson says that the term has a simple meaning: If a person is financially dependent on an employer for work, then they are an employee.

“Employers will have to look at their staff and ask questions like: ‘Can this person profit (or loss) based on their acumen and skill set?’ If they can’t, this points to the fact that they are an employee, not an independent contractor,” said Wilson.

Read the full article here:
https://insurancenewsnet.com/innarticle/independent-contractor-rule-proposal-spurring-angst-confusion

HR Newsletter: State Legislative Updates

HR Newsletter: State Legislative Updates

California Updates Paid Sick Leave FAQs and Employee Notices – In advance of changes to the state paid sick leave requirement taking effect Jan. 1, 2024, the California Division of Labor Standards Enforcement (DLSE) has updated its answers to frequently asked questions (FAQs) about paid sick leave, as well as the paid sick leave poster and employee notice.

Read more: California Legal Update

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HR Newsletter: IRS Guidance on Secure 2.0

HR Newsletter: IRS Guidance on Secure 2.0

On Dec. 20, 2023, the IRS issued Notice 2024-2, providing guidance in the form of questions and answers with respect to various provisions of the legislation known as the “SECURE 2.0” Act.

  • Background – The Consolidated Appropriations Act of 2023 was signed on Dec. 29, 2022, which is an omnibus bill that includes the SECURE 2.0 legislation, referred to as such because it builds on the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019. The legislation is intended to increase employees’ retirement savings and makes numerous important changes that employers should be aware of. A section-by-section summary of the legislation can be found here.
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HR Newsletter: Bereavement Leave and How to Support Employees

HR Newsletter: Bereavement Leave and How to Support Employees

Bereavement is an experience that follows the loss of a family member or friend. It’s an inevitable part of life. Many employers recognize the emotional toll it takes on workers and implement bereavement leave policies. Offering bereavement leave is not just a legal requirement in some places but a way to support grieving employees during challenging times in their lives. This type of leave can be an important component of an employee benefits package and can positively impact employee attraction and retention. Bereavement leave acknowledges the emotional well-being of employees as they balance the demands of work with the circumstances of daily life.

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HR Newsletter: New 2024 Compliance Outlook

HR Newsletter: New 2024 Compliance Outlook

Last year presented employers with many new and difficult compliance challenges, including federal and state laws and regulations expanding worker protections, widespread adoption of artificial intelligence (AI) in the workplace, and increased enforcement actions by federal agencies. Employers have had to respond as courts and federal agencies addressed several hot-button issues. In addition to these novel and growing compliance challenges, employers have also had to navigate record-high inflation, economic slowdown, and an unusually resilient labor market. For many employers, these challenges made it more difficult to prioritize compliance or establish successful mitigation strategies because they lacked sufficient time, proper resources, or trained personnel.

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HR Newsletter: 6 HR Trends to Monitor in 2024

HR Newsletter: 6 HR Trends to Monitor in 2024

In today’s market, managers and HR professionals must adapt to the changing expectations of organizations and employees amid difficult economic conditions. As such, proactive leaders and HR professionals will approach 2024 with strategies that incorporate artificial intelligence (AI) into everyday operations, satisfy employee demands for greater compensation and flexibility, and conform to evolving compliance standards. Organizations will benefit from putting people first and responding to what their workers need. To aid our followers in meeting organizations’ and employees’ demands and desires, this HR Insights article highlights six HR trends to keep an eye on this year.

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HR Newsletter: 5 Attraction and Retention Trends to Monitor in 2024

HR Newsletter: 5 Attraction and Retention Trends to Monitor in 2024

Looking forward in 2024, the labor market is expected to ease somewhat, although employers will likely still struggle to attract and retain talented employees. Skills gaps and high inflation remain challenging, but the influx of Generation Z (Gen Z) workers into the workplace is expected to help shift market conditions in employers’ favor. Organizations that focus on learning and development opportunities, transparent practices, and competitive compensation may be better equipped to find and keep high-demand workers. Our latest HR Insights article explores five attraction and retention trends to watch in 2024 so employers can prepare their strategies for the year.

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HR Newsletter: State Legislative Updates

HR Newsletter: State Legislative Updates

Chicago Paid Leave Changes Delayed Until Jul 1, 2024 – The Chicago City Council has voted to delay a new law that will expand the city’s paid leave mandate to 40 hours of paid leave (PL) plus 40 hours of paid sick leave (PSL). The implementation has been delayed to July 1, 2024. Until the new law is effective in July, Chicago employees will continue to earn one hour of paid sick leave, not paid time off, for every 40 hours they work (or at least five days per year).

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HR Newsletter: Small Business Bulletin

HR Newsletter: Small Business Bulletin – Dec 2023

As a small business, it’s challenging to stay on top of effective and efficient people practices. With this in mind, we released a new Small Business Bulletin for December 2023. In the bulletin, we discuss the following topics:

  • Year-end HR Activities – The last months of the year are a great time for small businesses to ensure they’re prepared for everything that needs to be done. It’s also an opportunity to evaluate which HR processes organizations want to take forward into the new year and which to leave behind. While certain HR compliance activities must be completed by the end of the year, small businesses can also use this time of preparation to focus on tasks that will set their organizations on the right course for next year.
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