News & Analysis as of

Cost-of-Living Adjustment (COLA) Wage and Hour

Perkins Coie

Arizona’s Minimum Wage Increases on January 1, 2025

Perkins Coie on

Arizona’s hourly minimum wage will increase from $14.35 to $14.70 per hour, effective January 1, 2025. This increase is in accordance with the Fair Wages and Healthy Families Act, A.R.S. § 23-363(B), which requires Arizona’s...more

BCLP

CMA Hits Accelerator on Enforcement of UK Labour Markets

BCLP on

Whilst not traditionally a focus of the Competition and Markets Authority (“CMA”), the UK’s labour markets now form one of the CMA’s strategic priorities, as outlined in its 2023 to 2024 Annual Plan....more

Davis Wright Tremaine LLP

The Demise of the Past-Practice Defense: Takeaways From Recent NLRB Decisions

Following recent decisions of the National Labor Relations Board, it is now nearly impossible for employers to make unilateral decisions consistent with past practices when negotiating a first contract and when negotiating a...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

Colorado’s New Pay Standards Reflect the State’s Rising Cost of Living

The Colorado Department of Labor and Employment (CDLE) recently released the 2023 Publication and Yearly Calculation of Adjusted Labor Compensation Order (2023 PAY CALC Order). The 2023 PAY CALC Order has increased the...more

Jaburg Wilk

Arizona Minimum Wage Increased on January 1, 2023

Jaburg Wilk on

The Arizona minimum wage will increase yet again from $12.80 per hour to $13.85 per hour. The increase is more than $1.00 per hour and it will take effect on January 1, 2023 and will remain in effect until December 31, 2023....more

Littler

Portland, Maine: Broadly-Applicable Hourly Hazard Pay Takes Effect on January 1, 2022

Littler on

At their final meeting of the year, on December 20, 2021, city councilors in Portland, Maine left the city’s existing COVID-19 emergency order in place, thereby triggering implementation of a significant hazard pay...more

Jackson Lewis P.C.

Tucson, Arizona Voters Pass Sweeping Wage & Hour Initiative, Including $15 Minimum Wage

Jackson Lewis P.C. on

By a 65% to 35% margin, on November 2, Tucson, Arizona, voters passed Proposition 206, officially known as the Tucson Minimum Wage Act, increasing the City’s minimum wage to $15.00 an hour by 2025. In addition, the Act...more

Holland & Hart LLP

Nevada Legislative Update - June 2021

Holland & Hart LLP on

Similar to 2019, in 2021, the Nevada Legislature passed several bills implicating employment issues for both private and public employers. High level summaries of the relevant provisions of these bills and their effective...more

Jackson Lewis P.C.

Advantages And Disadvantages Of Raising Federal Minimum Wage To $15

Jackson Lewis P.C. on

In January 2021, legislators introduced the “Raise the Wage Act of 2021,” to increase the federal minimum wage from $7.25 an hour to $15 an hour by 2025. If passed, it would be the first increase in more than a decade, the...more

Ruder Ware

2021 Qualified Plan Cost of Living Increases, 2021 Social Security Taxable Wage Base

Ruder Ware on

On October 26, 2020 the Internal Revenue Service announced the cost-of-living adjustments for the various qualified retirement plan limits. Some of the limits shown below have increased from last year while others remained...more

McDermott Will & Emery

IRS Announces 2021 Employee Benefit Plan Limits

McDermott Will & Emery on

The Internal Revenue Service (IRS) recently announced the cost-of-living adjustments to the applicable dollar limits for various employer-sponsored retirement and welfare plans for 2021. Nearly all of the dollar limits...more

BCLP

IRS Releases 2020 Adjusted Qualified Plan Limitations

BCLP on

The Internal Revenue Service released the cost-of-living adjusted qualified retirement plan limitations effective January 1, 2020. For ease of reference and comparison to prior years, we have placed the adjusted limitations...more

Snell & Wilmer

2019 End of Year Plan Sponsor “To Do” List (Part 1) Health & Welfare

Snell & Wilmer on

As 2019 comes to an end, we are pleased to present our traditional End of Year Plan Sponsor “To Do” Lists. This year, we present our “To Do” Lists in four separate Employee Benefits Updates. This Part 1 covers year-end health...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

California’s Paid Family Leave Program to Expand from 6 to 8 Weeks

California is expanding state benefits available to workers who lose wages while taking time off to care for a seriously ill family member or to bond with a new child. On June 27, 2019, Governor Gavin Newsom signed...more

Ruder Ware

Let’s Start Over – 2018 Health Savings Account Cost of Living Adjustments

Ruder Ware on

It is unusual for the IRS to implement a retroactive change to a previously announced limit (whether it be qualified plan limits or HSA limits). Especially when the change is a reduction in the amount that taxpayers can...more

Ruder Ware

2018 Qualified Plan Cost of Living Increases, 2018 Social Security Taxable Wage Base - Updated for New Taxable Wage Base

Ruder Ware on

The Internal Revenue Service has announced the cost-of-living adjustments for the various qualified retirement plan limits. A few of the limits shown below remain unchanged from last year, but others have increased....more

Akin Gump Strauss Hauer & Feld LLP

Senate Democrats Introduce “Better Deal” Antitrust Enforcement Legislation

As part of the effort to rebrand the party and reconnect with working-class voters who were lost in the presidential election, congressional Democrats revealed a new populist policy agenda, titled “A Better Deal: Better Jobs,...more

McDermott Will & Emery

IRS Announces Employee Benefit Plan Limits for 2017

McDermott Will & Emery on

The Internal Revenue Service recently announced the cost-of-living adjustments to the applicable dollar limits for various employer-sponsored retirement and welfare plans for 2017. Although some of the dollar limits currently...more

Proskauer - Law and the Workplace

Maryland Employers Be Aware: Effective Today Maryland’s State-Wide Minimum Wage Increases to $8.75 Per Hour And Montgomery County...

Today, July 1, the statewide minimum wage in Maryland increased from $8.25 per hour to $8.75 per hour. This represents a regularly-scheduled increase as part of the Maryland Minimum Wage Act of 2014 (the “Act”), which will...more

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