Vantage Circle

AUGUST 1, 2024

Canada The Canada Revenue Agency (CRA) has similar guidelines for the taxation of service awards, with some variations: Cash Awards : Cash awards are generally considered taxable income and subject to income tax withholding, Canada Pension Plan (CPP) contributions, and Employment Insurance (EI) premiums.

Deductible 95

Deductible Deductions Taxes Bonuses 95

Best Money Moves

MARCH 11, 2024

Some lesser-known benefits in this area include virtual team bonding activities, a home office stipend and financial assistance to cover internet costs. Pension and retirement plans The same Forbes Advisor study found that 34% of employees and 34% of employers agree that retirement plans are a vital part of a company’s benefits strategy.

Retirement Plan 105

Retirement Plan Healthcare Healthcare Benefits Parental Leave 105

Vantage Circle

JANUARY 30, 2022

This blog will cover everything you need to know while considering taxable benefits so that you don't get caught off guard when tax time rolls around. What Is A Taxable Benefit? As we know, there are many benefits provided to employees in the form of pay. But some benefits need to be taxed and added to their income.

Employee Stock Option 52

Employee Stock Option Paid Vacation Taxes Life Insurance 52

COMPackage

SEPTEMBER 23, 2024

By clearly outlining the comprehensive benefits package offered, organizations can demonstrate the value they place on their employees. This article will explore the essential components of a customizable total compensation statement template that can be adapted to suit any industry.

401(k) 40

401(k) Disability Insurance Overtime PTO 40

COMPackage

SEPTEMBER 19, 2024

This article will explore the essential components of a total rewards template. gym memberships, commuter benefits) Total Compensation: Provide a clear and concise summary of the total compensation package, including the base salary and the estimated value of all benefits.

401(k) 40

401(k) Disability Insurance Overtime PTO 40

COMPackage

SEPTEMBER 13, 2024

Total rewards, encompassing both compensation and benefits, plays a crucial role in attracting, retaining, and motivating employees. This article will outline a step-by-step approach to creating a winning total rewards template.

401(k) 40

401(k) Disability Insurance Overtime PTO 40

COMPackage

SEPTEMBER 12, 2024

By clearly outlining salary, benefits, and other perks, organizations can demonstrate the value they place on their workforce. This article will delve into the essential components of a powerful total rewards statement template.

401(k) 40

401(k) Disability Insurance Overtime Salary 40