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Bottom Line Newsletter

May 2015:

  May 2015 Issue
In This Issue

 


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Dear Don,


   Will You Be Complaint?


On July 1, 2015 California businesses that are revising and updating their Employee Handbooks - will have new Paid Sick Pay Policies which comply with the new California laws.

  1. Do you have a paid sick leave policy in compliance with California law ready for July 1
  2. Do you have the correct posters?
  3. Do you have the correct notices for current employees and new hires? and
  4. Have you worked out with your payroll system how to handle the information for pay stubs?

The existing employee notice can be handled by either issuing the new, revised handbook with proof of receipt or issuing the "new employee offer" and everyone needs to prepare and update a "new employee offer" form. 

 

Do not postpone or avoid these requirements. The state takes these new regulations seriously and employers must as well. You will learn topics that include:

  • Paid Sick Leave Notices & Records: What Do I Need to Know
  • Poster (where to order)
  • Paid Sick Leave Notice to Employees - Current & New 
  • Payday Notice
  • Record keeping
  • Sick Leave Best Practices
To read specific details of the steps you must follow to be compliant CLICK HERE.
  
  New 2015 Laws Require Your Adherence! ... 
The Don Dressler Consulting and Cal Work Safety monitor the legal developments on these issues, and offers advice on Cal/OSHA Law and HR / Safety Compliance Issues.
For a personal discussion: Call Don Dressler: 949-533-3742   

Reduced Workers' Comp Rates

 

California Insurance Commissioner Dave Jones on May 7, 2015, approved a 10.2% reduction to the advisory pure premium rate that will go into effect on July 1, 2015.  

 

The commissioner adopted an advisory pure premium rate of $2.46 per $100 of payroll, 10.2% less than the $2.74 he adopted for policies inception on or after Jan. 1. The adopted rate is 5% less than the industry average filed pure premium rate of $2.59.

 

The WCIRB in April recommended the lower rates based on favorable loss developments last year. The rating bureau projected a 7.7% increase in medical severity for 2014, but preliminary data found medical costs dropped 4.1%. At the same time, indemnity severity was down 5.4% in 2014 while the Rating Bureau was expecting a 9.6% increase.

Savings from favorable medical and indemnity severity trends were partially offset by higher allocated loss-adjustment expenses, which increased 12.1% in 2014, less than the projected 2% decrease.

 

Jones said in his order the state is realizing medical savings that were expected with the independent medical-review process created by Senate Bill 863.  "Due to delays in the IMR process, however, we are uncertain whether indications will hold up in the long term," he said. 

 

Focus on safety-related HR issues, HR-related matters and Cal/OSHA Safety guidelines. For questions or additional information, please visit our website or social posts.

   _____________

 

For employers who want a New Hire Offer Letter that covers current California laws, to get a sample letter CLICK HERE

 

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Focus on safety-related HR issues, HR-related matters and Cal/OSHA Safety guidelines. For questions or additional information, please visit our website or social posts.
      
  
(C) 2015 :: Don Dressler Consulting :: Cal Work Safety :: Ph: 949-533-3742 ::
websites:
www.dondressler.com  or  www.calworksafety.com 
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