P & G Built Solutions’ Post

📢 New Pay Stub & Pay Statement Requirements Coming Soon! Starting October 1, 2024, Maryland employers must comply with new requirements under the Pay Stub and Pay Statement Law (SB 38, 2023). Here’s what you need to know: 🔸 Written Notice: Employers must provide written notice of rates of pay, paydays, and leave benefits at the time of hire. 🔸 Pay Statements: Employers are now required to provide employees with a written or online pay statement every payday. The statement must include: Employer’s name, address, and contact info Payment date and pay period Hours worked (for non-exempt employees) All rates of pay, bonuses, commissions, etc. Gross and net pay, and a breakdown of deductions ❗️ Penalties: Non-compliance can result in a $500 administrative penalty per employee. Need more information: Contact the Maryland Wage and Labor Standards Enforcement Unit at workrights@maryland.gov or call 410-767-2357. Stay compliant and get ready for the new changes! #PayStubLaw #EmploymentLaw #SmallBusiness #MarylandEmployers #TaxUpdates #EmployeeRights

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