Sam Bond Benefit Group, Inc. helps employers explore the options available to employers seeking to upgrade their systems for payroll and employee administration, especially those seeking to explore a full-service professional employer organization (PEO). The right PEO can help with a secure, efficient payroll system that can transfer certain payroll tax liabilities.
States like New York and California are implementing new regulations regarding the disclosure of pay by employers. This pay transparency is upsetting to some employers, and workers as well.
In November of 2020, Floridian voters approved a gradual increase to the state’s minimum wage. Until September 29th, the minimum wage per hour was $10.00. As of September 30th, the rate goes to $11.00 per hour. Increases are mandated by the state constitutional amendment passed by voters, and are to occur at a rate of $1.00 per hour each year until reaching $15.00 per hour on September 30, 2026.
As an employer, salary negotiation is not a losing strategy and should be approached with a win-win outcome in mind in order to hire top notch talent in a competitive job market. Learn more.