This Week in Payroll: February 11, 2022
Your Weekend Recap of global payroll news for the week!
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This week, we discuss Poland's impressive economic resilience, Spain's upcoming 02/22/2022 Cabinet meeting to implement a Minimum wage increase, as well as Californian officials reinstating COVID Sick pay and economic relief to businesses to continue efforts to reduce the spread of COVID's latest Variants.
Unemployment in Poland falls to 2.9% - Lowest since Joining the EU
Poland’s workforce is pulling through at unemployment numbers at their lowest since 2004, when Poland joined the EU. Data shows that Poland’s economy has faired relatively well during the pandemic and continues to improve.
Poland’s workforce recovery post-pandemic has been recognized as being the second most improved among all EU countries; just behind the Czech Republic (2.1%) at an impressive 2.9%.
Minimum Wage Increase Confirmed
Wednesday, it was confirmed that the Spanish Cabinet will approve an increase of the country’s minimum wage up to €1,000 (about $1,135.00). The official meeting will be held on Tuesday, February 22, 2022.
The current minimum wage in Spain is €965 (about $1095.00), and this decision represents a €35 increase.
Employers in Spain are required to pay their workers in 12 monthly payments and 2 additional paychecks distributed in July and December.
United States Payroll
California to Reinstate COVID-19 sick pay and economic relief to businesses
In response to labor unions, employers with more than 26 employees will be required to offer paid sick leave benefits of up to two weeks, under new protections signed into law this week. The previous provisions expired in September 2021, while this most recent is due to extend into September 2022, with a retroactive date of January 1, 2022.
This reinstated version features several changes including an increase in sick leave allowance up to two weeks from the minimum of 3 days. It also has new rules in order for employees to access the benefit, including a positive test result in order to access the second week of sick leave.
The revision also includes policies on paid leave for other Corona Virus related needs – like taking care of a sick child and time to access a vaccine appointment and time for recovery from vaccine side effects.
United States Payroll