Patriot Software

APRIL 22, 2019

In 2018, the IRS adjusted income tax withholding tables to reflect the Tax Cuts and Jobs Act. The IRS released changes to the income tax brackets for 2019. When you have employees, you need to stay on top of changing employment tax rates. Rates impact the amount of money you withhold from employee wages.

Taxes 73

Taxes Payroll Employment 73

InterWest Insurance Services

MAY 16, 2024

The dip, while seemingly small, represents millions of workers that have opted for other plans as employers are offering a greater variety of plans to their employees, including preferred provider organizations (PPOs) and health maintenance organizations. The many benefits of HSAs Employees contribute pre-tax dollars to the account.

401(k) 84

401(k) Deductible Deductions Health Savings Account 84

InterWest Insurance Services

JUNE 6, 2024

The dip, while seemingly small, represents millions of workers that have opted for other plans as employers are offering a greater variety of plans to their employees, including preferred provider organizations (PPOs) and health maintenance organizations. The many benefits of HSAs Employees contribute pre-tax dollars to the account.

401(k) 73

401(k) Deductible Deductions Health Savings Account 73

Workplace Insight

AUGUST 2, 2024

The think tank’s analysis reveals that the annual hidden cost of employee sickness has surged by £30 billion since 2018. On average, employees lose the equivalent of 44 days of productivity annually due to working while sick, up from 35 days in 2018. days in 2018. Additionally, they take an average of 6.7

Commissions 59

Commissions Government Taxes Employment 59

Benefit Resource Inc.

NOVEMBER 15, 2018

The IRS released the 2019 pre-tax limits for Mass Transit, Parking, Medical FSA and Adoption Assistance. Maximum Election : $265 / month (up from $260 / month in 2018). Maximum Annual Limit : $2,700 (up from $2,650 in 2018). 2018 Adoption Assistance Limit. Maximum Annual Limit : $14,080 (up from $13,810 in 2018).

Taxes 40

Taxes Medical Flexible Spending Employment 40

Benefit Resource Inc.

APRIL 11, 2019

The FSA rollover option is offered by some employers to employees as a form of protection against losing funds in a Medical FSA. Since the FSA rollover option was introduced, it has gained traction with employers, with 65%* currently offering the option. The employer decides the amount that can roll.

Taxes 76

Taxes Flexible Spending Account Medical Flexible Spending 76

Benefit Resource Inc.

JULY 18, 2019

748 , the Middle Class Health Benefits Tax Repeal Act , to repeal the “Cadillac Tax” The bill passed by a nearly unanimous vote in favor of repeal. What is the Cadillac Tax? The Cadillac Tax was originally passed in the Affordable Care Act as a cost-containment measure. 748 would eliminate the Cadillac Tax.

Taxes 40

Taxes Employment IT 40

cipHR

JANUARY 9, 2018

There are just 35,000 people in financial services in Dublin; Frankfurt’s total city population is just 730,000; and Paris, like the other cities, has its own costs and issues – from language, tax rates and regimes, to capacity and infrastructure. Already some employers have altered their submitted gender pay data due to mistakes.

Banking 66

Banking Professional Services Retail Human Resources 66

WEX Inc.

MARCH 16, 2023

With an HSA, you experience a triple-tax advantage : Contributions are tax-free, earnings are tax-free, and withdrawals for eligible expenses are tax-free. HSA participants are advised to contribute the maximum amount each year because the dollars going into these accounts are tax-free. What is an HSA contribution?

Health Savings Account 98

Health Savings Account Deductible Deductions Healthcare 98

HR Bartender

FEBRUARY 22, 2022

Ensuring employees are paid in a secure, efficient, and timely manner is one of the fundamental roles of an employer. That includes compliance with employment tax payment and reporting rules with each of the various local, state, and federal agencies to avoid penalties. 2 – Operational Efficiency with Systems and Service.

Taxes 132

Taxes Payroll Technology Employee Retention 132

Global People Strategist

JUNE 18, 2020

Effective as of January 1, 2020, the French Government introduced some changes to its employment laws. The French government extended the Macron Bonus, which was first introduced in 2018 to 2020. Introduction of Flat Tax-Rate. Learn more about 2020 France Labor Code changes. Social and Economic Committee. Macron Bonus Extension.

Employment 52

Employment Bonuses Government Entertainment 52

Employee Benefits

AUGUST 6, 2024

pay offer, as well as an opaque incentive scheme, from their employer. in real terms since 2018 due to below inflation pay rises. billion, with pre-tax profits to hit £100 million. The workers were unhappy with a previous 4.5% They were balloted for strike action until 24 July and strikes were set to be scheduled after this.

Construction 59

Construction Bonuses Taxes Employee Benefits 59

InterWest Insurance Services

JANUARY 13, 2022

The time when the IRS offers relief from financial penalties to employers that make errors on their group health insurance reporting forms has come to an end. The change starting with the 2021 tax reporting year means that employers can face steep penalties for mistakes on their forms. Issues to bear in mind. Important dates.

Health Insurance 82

Health Insurance Taxes Electronics Insurance 82

Global People Strategist

FEBRUARY 12, 2019

Together with his current administration, López has come up with the 2018-2024 Nation Project designed to address issues related to economic, educational, and social matters. 2018-2024 Nation Project. All proposals were created with the interest of employees at their core and are designed to improve employment conditions.

Employment 40

Employment Taxes Government Deductible 40

Employee Benefits

AUGUST 12, 2024

Henderson, who suffered from a condition causing insomnia and brain fog, took her employer to the employment tribunal on the grounds of disability discrimination. She was signed off sick in October 2018 and could not predict when she would return to work because of her fibromyalgia, which caused extreme tiredness and pain.

Management 105

Management Pension Medical Insurance 105

Employee Benefits

MARCH 25, 2024

million by an employment tribunal for disability discrimination. Wright-Turner was employed by the London Borough of Hammersmith and Fulham as director of public service reform between November 2017 and August 2018. She was diagnosed with PTSD in October 2017 and diagnosed with ADHD in 2016.

Hospitality 75

Hospitality Recruitment Employment Employee Benefits 75

Employee Benefits

AUGUST 22, 2023

Clare Jackson had been working as a band six senior haematology research nurse at the hospital for five years when a directorate restructuring involving more than 20 nurses was ordered in 2018 to save around £600,000. After missing out on a band six post during the restructuring, Jackson was down-banded to band five.

Hospitality 98

Hospitality Employee Benefits Employment Taxes 98

Corporate Synergies

AUGUST 19, 2019

Health savings accounts (HSAs) continue to increase in popularity, but not without issues for both employees and employers. From 2008 to 2018, the total amount deposited in HSAs rose from $5.3 1 That number is projected to keep growing as more employers offer high-deductible health plans (HDHPs) with HSAs. billion to $43.5

Employment 40

Employment Health Savings Account Banking Deductible 40

Benefit Resource Inc.

JUNE 25, 2019

According to a November 2018 article from SHRM “Adopting a child from foster care may cost about $2,500, domestic private adoptions can cost up to $40,000, and international adoptions can cost up to $30,000.” Adoption Assistance Accounts allow employees to set aside funds on a pre-tax basis to pay for adoption-related expenses.

Taxes 40

Taxes Medical Flexible Spending Employment 40

HR Digest

SEPTEMBER 12, 2024

Since 2018, the program provided employees with support for completing their college education while they continued to work, guaranteeing assistance for both bachelor’s and master’s programs.

Education 52

Education Employee Enrollments Taxes Deductible 52

Genesis HR Solutions

SEPTEMBER 20, 2018

Employees are asking about it; employers are thinking about it, and soon, new legislation will be passed regarding it. Figuring out how to implement paternity leave successfully is crucial for employers, particularly if your organization wants to attract millennials, who place significant value on work-life balance. Click To Tweet.

Family and Medical Leave Act 65

Family and Medical Leave Act Employment Parental Leave PTO 65

Business Management Daily

OCTOBER 5, 2020

As if 2020 hasn’t been enough of a whirlwind, on January 1, 2020, the IRS issued a new form W-4, leading to more than nine months of questions and confusion from both employees and employers. This was done in response to the federal tax code from the Tax Cuts and Jobs Act, which was passed in 2018. Tax credits.

Employment 52

Employment Payroll Deductible Deductions 52

Employee Benefits

APRIL 29, 2024

An employment tribunal has found that a woman who worked unpaid at her family’s shop for 20 years was constructively unfairly dismissed after her employer falsely declared wage payments to HM Revenue and Customs (HMRC). She then discovered that it had falsely been reported to HMRC that she had been paid wages since 2018.

Construction 64

Construction Employment Employee Benefits Taxes 64

Business Management Daily

DECEMBER 19, 2019

Immigration and Customs Enforcement opened 6,812 new investigations into employers suspected of violating immigration laws—everything from hiring undocumented workers to making errors on their I-9 Forms. That’s a 14% increase from 2018, but a whopping 400% jump from the number of investigations filed in 2016 and 2017.

Employment 52

Employment Electronics Taxes Construction 52

HR Bartender

JANUARY 9, 2018

(Editor’s Note: Today’s post is brought to you by our friends at ComplyRight , providers of practical, affordable products and services that help employers of all sizes streamline essential tasks and compliance with federal, state, and local employment laws. For example, organizations prepare and file their taxes.

Health Insurance 106

Health Insurance Taxes Insurance Employment 106

WEX Inc.

JULY 1, 2023

Individual Coverage Health Reimbursement Arrangements (ICHRAs) were rolled out prior to COVID-19 striking the United States, but the demand for this new product is expected to skyrocket, as more and more employers look for ways to bring stability to their healthcare costs. These plans are tax-advantaged, exempt from both payroll taxes.

Health Insurance 52

Health Insurance Healthcare Taxes Insurance 52

Benefit Resource Inc.

AUGUST 6, 2021

Download our full infographic below to learn about the actual cost of a free HSA: Despite a steady increase in consumer demand for health savings accounts, employers—even those that already offer an HSA-eligible high-deductible health plan—may struggle to see the value in offering an employer-sponsored HSA program. The Solution.

401(k) 76

401(k) Health Savings Account Deductible Deductions 76

Employee Benefits

JANUARY 25, 2023

Hundreds of Amazon employees working in a fulfilment centre based in Coventry have commence strike action today (Wednesday 25 January) due to a pay dispute with their employer. million in tax in 2021, despite recording a pre-tax profit of £204 million. This is the first strike by Amazon employees to take place in the UK.

Comprehensive Benefits 59

Comprehensive Benefits Taxes Medical Insurance 59

Employee Benefits

JANUARY 10, 2023

A Glasgow employment tribunal heard that the charity was accused of the unfair dismissal and breach of contract of S Mutter, its lead practitioner in criminal justice services, following a row over breast reduction surgery, which was recommended to her by an NHS surgeon.

Net Pay 105

Net Pay Construction Medical Employment 105

Employee Benefits

DECEMBER 11, 2023

Withdrawing savings from a pension early As a result of the rising cost of living, one in 10 (10%) over 55s in fulltime employment have withdrawn pension savings earlier than previously intended to supplement their income, yet 31% say they intend to or may consider it in the future, according to a survey from WEALTH at work [1].

Pension 52

Pension Taxes Banking Retirement Plan 52

WEX Inc.

JULY 22, 2024

This is a 15% increase from 2022 and the highest rates of fraud since 2018. It is not legal or tax advice. For legal or tax advice, you should consult your own legal counsel, tax, and investment advisers. Business security is critical now more than ever. The information in this blog post is for educational purposes only.

Finance 52

Finance Taxes Education Consulting 52

Benefit Resource Inc.

MARCH 20, 2019

Households released in May 2018. The report provides insight into the financial health of families across America, examining factors like employment, student loans, and retirement. The tax savings. An HSA is an account that may be offered by your employer. It will help you save on taxes and on health expenses.

401(k) 85

401(k) Deductible Deductions Health Savings Account 85

InterWest Insurance Services

JUNE 22, 2022

A new study has found that many people in employer-sponsored health plans are enrolling in plans that are costing them more than they ought to be paying. Berkeley economics professor, found that the majority of employees at one company he studied were in the highest-premium, lowest-deductible plan ($250 a year) their employer offered.

Deductible 83

Deductible Deductions Pharmaceutical Health Savings Account 83

cipHR

AUGUST 22, 2022

These costs might not be planned, but a fine of up to £20,000 could be issued each time you don’t conduct your employment background checks correctly. It’s your responsibility as a UK employer to carry out such checks before agreeing to hiring a new starter. It may even contribute to a financial penalty. Right to work checks.

Family and Medical Leave Act 52

Family and Medical Leave Act Employment Software Recruitment 52

Global People Strategist

FEBRUARY 26, 2019

Through the history of the modern workplace, women or mothers have usually been the only ones to both receive and take advantage of parental leave pay from their employers. This means that if a woman’s job is terminated, she would be eligible for alternative work by her employer, especially if such a position exists.

Parental Leave 40

Parental Leave Employment Government Consulting 40

Employee Benefits

NOVEMBER 6, 2023

An employment tribunal has ruled that Lancashire County Council must pay out more than £800,000 to a teacher who was made to reapply for her job while on sick leave with cancer and then sacked. In 2018, there was an internal restructure of the department Healey worked in while she was off sick.

Pension 105

Pension Consulting Salary Employee Benefits 105

Employee Benefits

OCTOBER 23, 2023

billion in 2018 to £26.6 Online research – Those who don’t have the pension information for an old employer, can try to find them using the Government’s Pension Tracing Service (www.gov.uk/find-pension-contact-details). For example, some might have guaranteed annuity rates, a protected pension age, or enhanced tax-free cash. “

Pension 105

Pension Electronics Finance Government 105