Effective September 1, 2022, the California workers compensation cap for above-the-line positions increases to $149,500 annually, or $2,875 per week. (This is an increase from $2,775 per week.)
As a reminder, the cap is applied to payments made to Directors, Producers, Executive Producers, and Talent working or covered for workers compensation in CA.
GreenSlate clients will see this change implemented in the application and applied to payrolls beginning the week of August 29, 2022.
If you have questions about the change, feel free to email the GreenSlate worker's comp team at email@example.com.
Last updated 7.27.22. This information in this communication is general in nature, and is not intended, nor should it be construed, as legal, accounting, tax or other professional advice rendered by GreenSlate, LLC. The reader should contact his or her attorney, CPA, or tax professional prior to taking any action based upon this information.