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Ten Benefits of Self-Employment in Later Life

Money Talk

For this post, I decided to reflect upon ten benefits of self-employment in later life that I (and other older entrepreneurs) have experienced: Additional Income - A successful business provides additional cash beyond Social Security and other expected sources of income in later life. Almost half of all U.S.

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Employers Must Use New Form I-9 by November 1

PayrollOrg

Starting November 1, employers must use the version of Form I-9, Employment Eligibility Verification, with an edition date of 8-1-23.

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Financial Planning Tips for Self-Employed Older Adults

Money Talk

Set aside a portion of self-employment income to send to the IRS for quarterly estimated tax payments (and/or over-withhold on a pension or Social Security) to ensure compliance with tax regulations. They can be on Social Security and Medicare while earning money from self-employment. We are not alone. of net business income.

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Florida Requires Certain Private Employers to Use E-Verify Beginning July 1

PayrollOrg

Effective July 1, 2023, private employers in Florida with 25 or more employees must use the E-Verify system to verify a new employee’s employment eligibility within three business days after the first day that the new employee begins working for pay.

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New Overtime Regulations Require Employers to Pay Up

There’s a new overtime salary threshold that will impact employers across the country. Starting January 1, 2025, EAP employees making less than $58,656 a year are going to be eligible for overtime.

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What is Employer-Sponsored Health Insurance? A Beginner's Guide

PeopleKeep

According to our 2024 Employee Benefits Survey , 81% of employees consider an employer’s benefits package as an important factor in whether they accept a job. Health insurance consistently ranks as the top benefit employers can offer. It supports employee health and also plays a key role in their financial security.

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What is Headcount Reporting? A Complete Guide for Employers

HR Lineup

It provides a comprehensive view of the number of employees within a company, segmented by various categories such as department, job function, location, and employment status. This data enables employers to make strategic decisions around hiring, budgeting, and workforce planning.

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Reduce Bias in Hiring: Structured Interview Questions for Employers

Structured interview questions are a valuable tool for reducing bias in hiring.

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The HR Biweekly Payroll Calendar Template

While some states mandate pay periods, many employers get to choose their own frequency. Biweekly pay periods are most common among private employers. Keeping accurate payroll records is required by law.

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The Complete People Management Toolkit

From welcoming new team members to tough termination decisions, each employment lifecycle phase requires a balance of knowledge, empathy & legal diligence. Download this toolkit to get: Interview questions to ask (and some to avoid) The first 90 days Legal considerations of terminations And more

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Employer Insights Report 2024: The State of Cancer

So why is it that 82% of employers currently spend significantly more on post-diagnosis care and disease management rather than upstream care? A new survey of 250 benefits leaders who oversee 500 to 50,000 covered lives highlights their perspective on cancer and its burden.

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The Guide to Choosing an Employer of Record Model

When partnering with an Employer of Record, you’re outsourcing your global legal, HR, and finance infrastructure. In your evaluation, you’ll find two models: The aggregator model and the wholly-owned infrastructure model. Which is better for your company?

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The Guide to Choosing an Employer of Record Model

When you partner with an Employer of Record (EOR), you’re outsourcing your global legal, HR, and finance infrastructure. Choosing the right EOR matters. This guide will help you identify which model is better for your company. Download the guide today!

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Modernizing Your Benefits: 5 Trends Employers Need to Know and Act On

Discover 5 key trends derived from Gallagher's 2023 Benefits Strategy & Benchmarking Survey data that give employers an evolved perspective on organizational wellbeing. These insights come from over 4,000 US organizations that are navigating benefits and HR decisions so their people and businesses can thrive. Watch the free recording now!

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Top 7 Global Employment Challenges

The benefits of expanding internationally are endless, especially if you approach it the right way. However, there are pitfalls along the way that can slow down progress. Global expansion brings many opportunities for companies —business growth, brand-building in new markets, and access to diverse talent pools worldwide.