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
White Papers
Provided by Anaplan
Further Reading
A pizza delivery driver’s challenge to a 35-cent-per-mile reimbursement rate is back before a federal court in Colorado, reminding employ...
Businesses that utilize the ACH network for banking should know that Nacha has amended its operating rules. A new format for the Company...
Mid-year minimum wage increases catch more payroll teams off guard than January changes do. Several state, local and industry-specific mini...
You can’t just sit on forfeited retirement plan funds. But what options do you have? IRS has proposed regulations that’ll provi...
The IRS has released proposed regulations, giving businesses needed details about tracking and reporting income based on tips. The One B...
Employers have new details on how to report qualified overtime compensation on 2026 Forms W-2. On Aug. 6, the IRS issued updated guidance i...
