Effective January 1, 2016, California’s minimum hourly wage will increase from $9.00 to $10.00. The increase will affect the minimum salary requirement for many exempt employees as they must make at least two times the minimum hourly wage..
The Internal Revenue Service has announced the annual inflation adjustments for 2016; these adjustments include social security, 401k, and HSA limits. Several states have also had increases in minimum wage and their corresponding wage..
Employers in four jurisdictions (3 states, 1 US Territory) are to pay higher payroll costs for 2015 because of Federal Unemployment Tax Act credit reductions, down from eight jurisdictions for 2014. Higher federal unemployment tax..