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It supports various pay types, including hourly, salaried, and commission-based, and can handle complex pay structures and deductions. Fingercheck is also compliant with industry standards, such as the Fair Labor Standards Act (FLSA) and the Family and MedicalLeaveAct (FMLA).
Generally, you must keep your records that support an item of income, deduction or credit shown on your tax return until the period of limitations for that tax return runs out. Employers covered by the Family and MedicalLeaveAct ( FMLA ) are required to make, keep and preserve certain records pertaining to their obligations under the law.
GINA, or the Genetic Information Nondiscrimination Act, outlaws genetic discrimination. If co-workers, for example, find out that a worker or his family member’s genetic disorder, any harassment violates GINA. An Americans With Disabilities Act (ADA) request may reveal a genetically-linked disability. GINA definition.
In fact, the Equal Employment Opportunity Commission (EEOC) logged a whopping 2,753 pregnancy discrimination charges in 2019, which represents the lowest rate in almost a decade and is down almost a third from the 4,029 filed in 2010. For many women, pregnancy is a joyous time (minus the morning sickness and back pain!),
For example, once you have 50 or more employees within a 75-mile radius, you must let eligible employees take job-protected leave under the Family and MedicalLeaveAct (FMLA). Unpaid leave of absences (for things like voting and donating blood). Paid sick leave. Overtime calculation. Recordkeeping.
For example, the Equal Employment Opportunity Commission (EEOC) requires that employers must keep personnel records for one year. Besides that, your confidential medical records will let you know if any team members have disabilities that you need to consider when planning and assigning tasks. Why is that?
Understanding the distinction between exempt and non-exempt employees is crucial in navigating the complexities of labor laws and complying with the Fair Labor Standards Act (FLSA). Employers may use nondiscretionary bonuses and incentive payments (such as commissions) to satisfy up to 10% of the mandated salary level.
Ensuring any deductions taken from an employee’s pay are permissible and done so with proper notification and authorization, where required by state law. The Fair Labor Standards Act (FLSA) establishes minimum wage, overtime pay, recordkeeping and youth employment standards. Medicalleave. Harassment and discrimination.
Laws prohibiting discrimination are enforced by the Equal Employment Opportunity Commission. Furthermore, it helps you cover a few more legal bases by explaining payroll deductions, overtime, the Family and MedicalLeaveAct, workers’ compensation, COBRA health coverage and more. Race/color. Disability.
This year, many states have enacted changes in employee leave policies; ended or extended some temporary exemptions put in place due to the coronavirus pandemic; and taken steps to improve diversity, equity and inclusion in the workplace. Coronavirus-related leave laws. Other state family and medicalleave law changes.
So, unless you’re your business’s sole employee – or you’re running a family business with only you, your sister and cousin as employees – you need an employee handbook. It’s a roadmap of how they should act, and it speaks to your company culture. Not having clear policies can mean big problems. Code of conduct. Race/color. Disability.
Leave a comment below with your suggestions. This cheat sheet explains several common human resource acronyms. 1099: A form that reports income from self employment earnings, interest and dividends, government payments, and more. TurboTax ) 401(k): Retirement plans named for the section of the tax code that governs them. (
Human resource departments have extensive record-keeping obligations under the Fair Labor Standards Act ( FLSA ), the Family and MedicalLeaveAct ( FMLA ), the Occupational Safety and Health Act (OSHA Act), Title VII of the Civil Rights Act, and other state and federal laws. Wage rate tables.
On April 29, 2022, the IRS released Revenue Procedure 2022-24 to provide the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2023. These limits vary based on whether an individual has self-only or family coverage under an HDHP. HSA/HDHP Limits. Employer Takeaway.
Consider hiring a company that specializes in payroll processing to ensure that requisite payroll taxes and deductions are withheld. Your HR generalist should be capable of handling payroll, tactical HR duties (leave requests, new employee paperwork and files, etc.) There may be more, depending on state and local regulations.
COVID Relief, No Surprises Act, FSA and DCAP Extensions, Transparency, and HIPAA Privacy Updates. . . Features of the Consolidated Appropriations Act. . The Consolidated Appropriations Act of 2021 (The Act) was signed into law on December 28th by President Trump. The required leave ended on December 31, 2020.
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