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Tax Exemption on Overtime Pay, What HR needs to know for 2025

HR Digest

Since yesterday, overtime pay taxes have dominated headlines, driven by a proposal from the current administration to exempt overtime earnings from federal income tax. Beyond the paycheck, this overtime tax policy could reshape workforce planning, employee morale, employee incentives and organizational strategies.

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What is Equity Compensation & How It Work?

HR Lineup

This can take various forms, including stock options, restricted stock units (RSUs), stock appreciation rights (SARs), and employee stock purchase plans (ESPPs). In this comprehensive guide, we will delve into the various types of equity compensation, how they work, their tax implications, and their impact on both employees and employers.

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Employee Incentives: Good or Bad?

Abel HR

To start with the basics, employee incentive programs are any program designed to provide your employees with recognition and appreciation. The programs themselves can take many forms, with companies working to figure out what is most appropriate and appealing to their employees and fashioning that into a rewards system.

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Top 20 Examples of Employee Incentive Programs

Vantage Circle

Incentives are a proven way to influence employee behavior and ultimately improve business output. Now there are several types of employee incentive programs that companies commonly use. A study showed that travel incentives are the most popular incentives among employees. Monetary Incentives.

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Top 7 Employee Benefits and Incentives

Employee Benefits

The prominence of employee perks is on the rise, and as such, workers’ expectations are also climbing. In today’s business environment, a comprehensive and attractive suite of employee incentives can serve as a hallmark of a company’s prestige and plays a crucial role in fostering a productive, satisfied workforce.

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Top Careers for HR Professionals to Pursue

HR Digest

Consultants can specialize in benefits, employee incentives, pensions, team building, company culture after mergers and acquisitions, outsourcing and even labor dispute settlements. One can be a systems developer in HR IT architecture development.

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Everything You've Ever Wanted To Know About ESOP Plan

Vantage Circle

In an ESOP plan, the employees own these stocks, which are sometimes turned into an individual retirement account. According to the Employee Ownership Foundation , an Employee Stock Ownership Plan (ESOP) is a tax-qualified retirement plan authorized and encouraged by federal tax and pension laws. Let's find out!

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