Category: Compensation
Stock Options Are Not “Wages” in California
In startup businesses, it’s not uncommon for employees to accept less cash compensation in exchange for stock options — the option to buy the company…
Fast Food Minimum Wage Law Exceptions Added
On March 25, 2024, Governor Gavin Newsom signed Assembly Bill 610 (AB 610) — an urgency measure effective upon signing — that creates additional exceptions to…
California Supreme Court Clarifies ‘Hours Worked’ Questions
Recently, the California Supreme Court answered the Ninth Circuit Court of Appeals’ certified wage-and-hour questions, determining, among other things, that the time workers spend in…
Reminder: Fast Food Employee $20/Hour Minimum Wage Starts April 1
Beginning April 1, 2024, the minimum wage for fast food restaurant employees will increase to $20 per hour. Fast food restaurant employers must ensure they’re…
Spring Forward Sunday for Daylight Saving Time (DST)!
This Sunday, March 10, at 2 a.m., all our smart devices — our mobile phones, smart watches, tablets, computers and Alexa-enabled assistants — will spring…
CalChamber-Opposed Bill Threatens California Companies with More Penalties and Litigation
A California Chamber of Commerce-opposed bill that exposes businesses to high penalties and litigation by expanding the scope of prohibited non-compete agreements is expected to…
IRS Announces 2024 Mileage Rates
On December 14, the Internal Revenue Service (IRS) announced a slight increase in the 2024 optional standard mileage rates for business use (as this rate…
Late Payment of Wages: Per Worker Penalty Escalates with 2nd Violation
Our payroll company had some issues a couple of weeks ago, and, as a result, we ended up paying our employees seven days after the…
Daylight Saving Time Ends Sunday
This Sunday, November 5, most people will enjoy the extra hour of rest as daylight saving time officially ends at 2 a.m. — but there…
2024 Social Security, CA SDI Taxable Wage Base, Withholding Rates
Employers should know about two new taxable wage base updates for 2024. The Social Security Administration (SSA) recently announced that, for 2024, the maximum amount of earnings…
