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EEO-1 reporting deadline extended

[Source: CalChamber] The U.S. Equal Employment Opportunity Commission (EEOC) has extended the 2019 and 2020 EEO-1 reporting deadline to August 23, 2021. All employers with 100 or more employees (and federal government contractors with 50 or more employees) are obligated to report their EEO-1 Component data (How to Submit 2019, 2020 EEO-1 Component 1 Data Read More…

Blackouts loom in California as electricity prices are ‘absolutely exploding’

[Source: Real Clear Energy / Robert Bryce] Two inexorable energy trends are underway in California: soaring electricity prices and ever-worsening reliability – and both trends bode ill (California’s Energy Policies Hurt Minority Citizens the Most | RealClearEnergy) for the state’s low- and middle-income consumers. Last week, the state’s grid operator, the California Independent System Operator, Read More…

Senate Bill 12 would kill housing construction

[Source: Orange County Register] Gov. Gavin Newsom declared a state housing crisis in 2019, calling for 3.5 million new homes to meet the state’s booming economy. California business organizations joined with the Building Industry Association of Southern California, Orange County Business Council, and BizFed LA in supporting that declaration and call to action. Lack of Read More…

California businesses may have to pay more for workers’ compensation as benchmark rates are under review

[Source: The North Bay Business Journal] While it has little to do yet with the coronavirus, workers’ compensation insurance rates may be going up. Over the next month, California Insurance Commissioner Ricardo Lara will review rates recommended by the Workers Compensation Insurance Rating Bureau, a nonprofit which evaluates trends, including the costs of potential claims. Read More…

Is your company prepared for California supply chain carbon emission and climate financial risk disclosures?

[Source: CalChamber] This year, the California Legislature is considering two major new climate policies. The first would alter the way companies collect, audit, disclose, and set carbon emission reductions goals, and the second would require companies to disclose all climate financial risk. Both bills would represent a sea change in how all companies do business—not Read More…