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5 Emerging Benefits Trends to Look for in 2025

Best Money Moves

Compared to years prior, employees are more interested in retirement benefits and paid leave opportunities. Here are the most important benefits your company needs in 2025. Inclusive health benefits are still widely sought after Medical costs continue to be a major concern for employees going into 2025.

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Two Neighboring States Recently Joined a Growing Movement to Provide Paid Family Leave

McNees

To be eligible for the leave, employees must have worked at least 680 hours over the 12-month period before the leave begins. Employees also must exhaust all voluntarily provided paid leave before taking paid leave under this law. Employers with 10 to 24 employees only need to offer parental leave.

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New Laws for 2023 part II

InterWest Insurance Services

If you already have a qualified retirement plan (such as a 401(k) or a payroll-deduction IRA) for your employees, you do not have to participate. Participating employers will deduct a default rate of 5% of pay from the paycheck of each employee at least 18 years old and deposit it into the individual’s CalSavers account.

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Your 2021 payroll questions answered

Business Management Daily

Paid leave tax credits for public employers. On a corporate level, you’re not losing out, because you can deduct the employer’s portion of FICA on your Form 1120. This provision of the CARES Act has been extended through 2025. Paid leave tax credits for public employers. Reporting no SSN on a W-2.

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New COVID relief package extends payroll provisions

Business Management Daily

The leave and the tax credits are extended, not reset, for 2021. So if employees have maxed out on their leave in 2020, they aren’t eligible for more paid leave after Dec. 31, 2025: The Work Opportunity Tax Credit. Expanded meal deduction. They were set to expire on Dec. Tax extenders. Through Dec.

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UAE Labour Law 2023: The Ultimate Guide

Bayzat

The employee must study for the leave in one of the UAE’s certified educational institutions. Maternity leave A female worker is entitled to 60 days maternity leave, of which 45 days should be fully paid and 15 days half-paid leave. The parental leave starts from the day of the birth to six months.

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How Employee Perks Can Help Companies in the US

Vantage Circle

In this, employees can elect to have a portion of their earnings automatically deducted from their paychecks and directed into their investment account. They are actively working towards achieving gender parity in global leadership by 2025. A 401(k) is a tax-advantaged retirement savings program provided by employers.