What expanded ‘new hire’ definition means to Payroll
Back in the fall, President Obama signed into law a new definition of who qualifies as a new hire, and there a few things about this definition that your Payroll staff needs to know.
The new law, which takes effect on 4/21/12, says that a “newly hired” employee is someone who either:
- hasn’t previously been employed by the organization, or
- was formerly hired by the company, “but has been separated from such prior employment for at least 60 consecutive days.”
This means that Payroll must report all new and rehired employees to their state’s new hire directories.
While the compliance deadline is slated for 4/21/12, it’s important to keep in mind that states that need to pass legislation to put the change into effect may have more time to do so — depending on when their legislatures are in session.
- Share on
Free Training & Resources
Further Reading
IRS gave an update on several initiatives that have been in the works longer than expected. The Service’s latest goals are contained i...
It’s not a coincidence that National Payroll Week is always the same week as Labor Day. This year, it’s September 5-9. In an...
Not every sign-on bonus belongs in the overtime calculation – and a recent federal case out of Virginia shows why. A fired employee fi...
Finding and securing talent is always at or near the top of CFOs’ list of concerns. Could removing college degree requirements from ...
Field-based roles raise unique FLSA compliance questions, including whether an employer must pay for work tasks performed before or during ...
Wisconsin’s new earned wage access (EWA) law puts a price ceiling on what providers can charge employees for each advance. Payrol...
