Many employment law changes are happening in 2020 and we want to make sure you are prepared. As you already know if you have been following our Employment Law Alerts, 2019 has been a very busy year in the employment arena with many changes going into effect in the coming weeks. NFC wants to make sure your business is prepared to hit the ground running in 2020. Hit the ground running with the following “Top 10” checklist:
- New York: As of December 31, 2019, minimum wage increases to $15/hour for all New York City employers, $13/hour for Long Island and Westchester, and $11.80 for the rest of the State.
- New Jersey: As of January 1, 2020, New Jersey minimum wage will be $11/hour.
*NEW SALARY THRESHOLDS FOR EXEMPT EMPLOYEES – The New York and United States Departments of Labor have both issued new guidelines regarding the salary threshold for overtime exemptions subject to duties tests.New York : As of December 31, 2019, the annual threshold for overtime exemption will increase to $58,500 annually ($1,125/weekly) for New York City employees; $50,700 annually ($975/weekly) in Nassau, Suffolk and Westchester Counties; and $46,020 annually ($885/weekly) for the remainder of the State.Federal : As of January 1, 2020, employees must earn $684/week or $35,568/year ($107,432/year for highly compensated employees) to be exempt from federal overtime laws. Employers in New York must follow the higher New York thresholds.
* PAY EQUITY – With the passage of new pay equity laws, employers are encouraged to work with counsel to conduct a privileged pay equity audit early in 2020.
#2: STOP INQUIRING ABOUT WAGE AND SALARY HISTORY