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Comp Time Vs. Overtime: Which Should You Offer Employees?

Insperity

On May 8, 2013, the U.S. House approved a bill that would allow private-sector employees to take compensatory or comp time instead of overtime pay when they work more than 40 hours a week. An employer cannot and should not pay comp time in lieu of overtime pay even if the employee requests it.

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What is Payroll Tax?

Abel HR

When business owners pay their employees’ wages, the law requires them to make tax payments on their behalf. Simply put, payroll taxes are taxes paid on the wages and salaries of a company’s employees. This is the tax that is withheld from employees’ salaries for federal income taxes owed by them. Medicare Tax.

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AbelHR: What is Payroll Tax?

Abel HR

When business owners pay their employees’ wages, the law requires them to make tax payments on their behalf. Simply put, payroll taxes are taxes paid on the wages and salaries of a company’s employees. This is the tax that is withheld from employees’ salaries for federal income taxes owed by them. Medicare Tax.

Taxes 52
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The A-Z of payroll outsourcing UK

cipHR

Any outsourced payroll provider will need to be able to handle pension deductions from an employee’s salary when performing payroll runs. If a payroll outsourcing company is BACS-approved, it will be able to pay employees and also bodies such as HMRC, directly on behalf of the employer.

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