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From the pros at Mineral The following federal law changes take effect on January 1, 2025, unless otherwise noted. IRS Mileage Reimbursement Rate The IRS standard mileage rate will be 70 cents per mile driven for business purposes (up from 67 cents in 2024). This rate...
By the KMA team Ensure Compliance with Maine’s Retirement Savings Mandate All Maine employers with 5 or more employees, that have been in business for more than two years, are required to comply with the Maine Act to Promote Individual Retirement Savings before...
By the KMA Team The end of the year is typically a demanding time for HR professionals as they work to ensure compliance, improve employee satisfaction, and prepare for the coming year. Here are some best practices from the KMA consulting team. 1. Review...
A federal district court in Texas has vacated the U.S. Department of Labor’s (USDOL) Final Rule, which sought to raise the salary thresholds for the executive, administrative and professional (EAP) exemptions under the Fair Labor Standards Act (FLSA). This ruling...
Below is our interview with Leora Kirk, HR Consultant, on Maine’s Paid Family and Medical Leave Act (PFMLA) and what employers need to know to get prepared. This Q&A covers essential information about employer contributions, eligibility requirements,...
Maine State Minimum Wage Increase Starting 2025 Effective January 1, 2025, the state minimum wage in Maine will increase from $14.15 to $14.65 per hour. In addition, the new tipped wage, or service employee minimum wage, will increase to $7.33 per hour. This means...