South Dakota Employers to Save $18 Million 30,000 South Dakota employers will see an estimated $18 million in savings from their reemployment assistance taxes thanks to legislation Governor Noem signed into law last session that cut contribution rates by 0.5%. Employers began to receive their 2024 reemployment assistance tax rate notices on Oct. 31. “I’m proud to say this was the first bill that I signed into law last session,” said Governor Kristi Noem. “New businesses choosing to call our state home, combined with our already thriving South Dakota businesses made unemployment reserves stronger than ever. Now, we’re putting money back in the pockets of hardworking South Dakota business owners.”
Feedback Requested: The Department of Labor and Regulation is seeking input to help better understand employers' perspectives when hiring out-of-state job seekers. Additionally, this survey will help us learn about existing challenges and opportunities of recruiting and hiring an out-of-state labor pool. This survey should take approximately 10 minutes to complete. Thank you for your participation.
Registered Apprenticeships Celebrated Start Today SD held its first Apprenticeship Celebration event for South Dakota on Wednesday, Nov. 8. This event was a chance to recognize and celebrate South Dakota’s Registered Apprenticeship successes over the past year. Those in attendance included Registered Apprenticeship Program Sponsors, Partners, Apprentices, and Champions. Awards were presented to five businesses and individuals recognizing the impact they have made on Registered Apprenticeships in South Dakota:
View more information on the week’s events and employer benefits. You can also subscribe to the Start Today SD newsletter.
State Minimum Wage to Increase Jan. 1 The state minimum wage will increase from $10.80/hour to $11.20/hour effective Jan. 1, 2024. The minimum wage is annually adjusted by any increase in the cost of living, as measured in the Consumer Price Index published by the U.S. Department of Labor. South Dakota implements this annual increase as established by SDCL 60-11-3.2, a law passed by the South Dakota Legislature that took effect on Jan. 1, 2016. The hourly minimum wage for tipped employees will be $5.60/hour effective Jan. 1, 2024, half the minimum wage for non-tipped employees. Wages and tips combined must equal at least the minimum wage. These increases will apply to all South Dakota employers, with some limited exceptions. View more information.
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