Updating on laws affecting business

26 Feb

Paychex, Inc., a provider of payroll, human resource, insurance and benefits solutions for small- and medium-size businesses, believes there are five key regulatory issues entrepreneurs should be aware of this summer: health care reform, immigration reform, the Defense of Marriage Act, online sales tax and employment regulation.

"Health care reform continues to be a major issue on the minds of businesses large and small," said Martin Mucci, Paychex president and CEO.

The new rules work by a couple being allowed to share some of the mother’s entitlement to maternity leave by opting into shared parental leave (SPL).

With several of these regulations changing in 2015, you need to make sure you're in full compliance to avoid costly penalties.

Following his years at the newspaper Chad worked in public relations, helping promote small businesses throughout the U.

Employees who are the parents of children born on or after 5th April 2015, will have the right to request shared parental leave and pay.

Surrogate parents will also become eligible for adoption leave.

From July 2015 employers will need to take into account overtime and commission when calculating holiday pay, so that it is calculated on their actual earnings, not basic pay.