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Effective Jan. 1, 2023, suppliers of Stanford University must comply with California law regarding pay transparency, which includes the following requirements for California employers: Employers with 15 or more employees must include the pay scale, defined as the “salary or hourly wage range that...

Added a new section titled, Pay Transparency, in alignment with the new law that goes into affect on Jan. 1, 2023

Clarification on the transfer of funds as well as management of bank accounts

Added deposit email details, internal control measures, and refreshed deposit guidelines

Clarified the purpose and variety of receipt types with refreshed guidance on examples, considerations and how to process each

Consolidated and updated incoming wire instructions

This newsletter focuses on working with suppliers in the "new normal," and includes best practices when selecting, onboarding and managing the relationship.

Updated deposit methods and best practices

Updated the FY23 Living Wage Rates

Retitled this page to Managing the Supplier Relationship and Recorded and added new content and guidance.