Larry Drago, President of BizChecks Payroll, will be speaking on the following topics:
Paid Family Leave – As part of the Grand Bargain passed last year, all companies will have to collect and remit to the Mass Department of Revenue a tax which will fund the new paid family leave program.
Section 27 – Another provision of the Grand Bargain is that restaurants must now ensure that tipped wait staff earn the minimum wage on a per shift basis. The requirement effectively serves to increase the minimum wage for tipped employees.
EMAC – This past year employers were hit with an assessment of 5% of wages up to $750 per employee for any employee that participates in the Mass Health Program or a subsidized Connector program. This has resulted in millions of dollars in unexpected and unbudgeted expenses for many Cape companies. The law is expected to sunset in 2019 however there is no assurance that this will occur.