Last Friday, the Grand Rapids Chamber hosted a virtual update on the Michigan Supreme Court’s decision to overturn the “adopt-and-amend” strategy, resulting in higher minimum wage, elimination of the tip credit, and expanded paid leave. Employers across the state will face significant impacts, particularly in industries heavily reliant on tipped workers.
Olivia Lanctot, an attorney at Smith Haughey Rice & Roegge, provided a comprehensive overview of the ruling and its implications. Olivia recommended that employers:
- Identify all employees and their current wage rates.
- Determine positions that may need to be modified.
- Assess short- and long- term budgets to ensure compliance with the timeline.
- Include Paid Time Off and Sick Time in budget analysis.
- Involve your CPA and HR teams if applicable, assess your systems and capabilities.
If you weren’t able to attend or want to revisit the discussion, you can view the webinar recording and presentation slides.
What’s next: The Grand Rapids Chamber is working in partnership with various allies to lessen the impact and find solutions to potential challenges, particularly for small businesses and the service industry. Please feel free to connect with us if you need help navigating these changes.