HR Digest

OCTOBER 28, 2024

These include cut in bonuses for top-tier employees, reducing additional payments for employee anniversaries, and exploring possible closures of some German production sites. VW is building a $2B factory in South Carolina and expects to begin production of the new vehicles in 2027. The extended-range version will have 500 miles.

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WEX Inc.

JUNE 20, 2024

Bonus depreciation will continue to ramp down for ensuing years: 40% for 2025, 20% for 2026, and 0% beginning in 2027. Bonus depreciation will continue to ramp down for ensuing years: 40% for 2025, 20% for 2026, and 0% beginning in 2027. What are the differences between Section 179 and bonus depreciation?

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Employee Benefits

MARCH 22, 2024

These goals include improving representation across gender and ethnicity by the end of 2027. The organisation’s 2023 median ethnicity hourly pay gap was 13.3%. Meanwhile, its mean ethnicity bonus gap was 41.3%, equivalent to a £3,315 gap, and its median gap was 39.4%, equivalent to a £1,439 gap. A total of 85.5% and its median gap was 2.3%.

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Employee Benefits

NOVEMBER 16, 2023

The report, which is based on hourly rates of pay on 5 April 2023, also found the mean ethnicity bonus gap was 14.3%, down from 15.5% The organisation also reported its gender pay gap data. For 2023, its mean gender pay gap increased to 3.1% in 2023 from -0.2% in favour of women in 2022. Meanwhile, its median gender pay gap rose to 17.3%

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HR Digest

OCTOBER 30, 2023

Upon ratification, there should be an initial hike of 11 percent in 2024 , with a 3 percent hike every year until the end of the contract, ending 2027 with a 5 percent general wage increase. In line with the UAW strike deal, temporary workers could be the biggest winners with raises of over 150 percent. and skilled trades at $50.57.

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Empuls

MARCH 19, 2025

Great way to attract new talents    Did you know that by 2027, the corporate wellness market is anticipated to be worth a whopping  $97.4 Gift cards and cash bonuses are typically considered taxable income, while reimbursements for fitness programs or discounts on insurance premiums may not be.

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HR Digest

MARCH 25, 2025

The current episodes of Sesame Street will continue to air on HBO Max through 2027 to fulfill the 10-year deal that was agreed upon by both parties. As a result, the company will have to downsize and make changes to its benefits and bonus program.

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