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Effective Date Compensation & Benefits

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

California’s Minimum Wage Rate Set to Rise to $16.90 in 2026

California’s minimum wage rate will increase to $16.90 per hour from the current $16.50 per hour, starting on January 1, 2026, based on the recently released minimum wage adjustment calculated by the state’s director of...more

Miller Canfield

IRS Issues FAQs Regarding Long-Term Part-Time Employees in 403(b) Plans

Miller Canfield on

The IRS recently issued Notice 2024-73, which provides much-needed guidance on long-term, part-time (“LTPT”) employees in ERISA-governed 403(b) retirement plans. Following passage of the SECURE 2.0 Act, an employee is...more

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

New Jersey Pay Transparency Law Is the Stroke of a Pen (and Seven Months) Away From Becoming Law

On September 26, 2024, the New Jersey Legislature passed Senate Bill 2310 (S2310), which will require transparency about compensation and benefits in internal and external postings of promotion opportunities, job listings,...more

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