January 1, 2024: Employers Ring in the New Year With New Compliance Requirements
Author: Brightmine Editorial Team
Every new year brings a host of new employment law requirements at the federal, state, and local levels. To help employers stay in compliance, we have provided a list of developments taking effect on or around January 1, 2024, organized by jurisdiction.
At the federal level, be aware of requirements related to health care benefits, payroll and workplace safety. Key trends at the state level include expanding employees' leave rights, tackling the issue of fair pay and increasing the salary threshold for exempt employees. Changes also affect payroll filing and withholding requirements, and unemployment and workers' compensation benefits. Review these developments below and make any needed updates to policies and procedures.
More than 140 compliance changes kick in around January 1, including 60+ minimum wage increases affecting more than 20 states and dozens of localities. Find a comprehensive overview of minimum wage rates across the US in our Minimum Wage Rates by State and Municipality 50-State Chart.
Finally, many jurisdictions update their workplace posters annually, so take time now to ensure you are using the most current version of any applicable federal and state and local posters.
