Businesses in New Jersey need to pivot toward new compliance requirements in 2024, including temporary laborer protections, a change in the withholding tax, required communication about unemployment insurance, and a mandate on workplace retirement plans. Director of Compliance Mike Trabold shares insights on the Paychex THRIVE podcast with Gene Marks to help businesses better prepare in the year ahead.
State Resources for Your Business: https://www.paychex.com/worx/business...
Your business also should know what the top federal regulatory issues are. Read this article: https://www.paychex.com/articles/comp...
[Chapters]
00:00:02: Introduction and welcome Mike Trabold
00:00:36: Protections for temporary laborers
00:01:23: New Jersey's withholding tax
00:05:15: Required communication with division of unemployment insurance
00:07:02: Implementing a mandatory retirement plan
00:09:26: Workplace accountability and labor list
00:11:03: Expansion of job protection family leave to small businesses
00:12:16: Final thoughts and wrap-up
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