HR Lineup

JULY 4, 2024

With the rising costs of transportation and the increasing awareness of environmental sustainability, commuter benefits have become an essential consideration for both employers and employees. By subsidizing these costs, employers help reduce the financial burden on employees who use public transportation to commute to work.

Transportation 246

Transportation Taxes Deductible Deductions 246

Money Talk

MAY 11, 2023

If taxpayers are near the top of a marginal tax bracket , RMDs can move them up to a higher tax bracket. Use of RMD Withdrawals - A chunk will pay income taxes. After that, the government does not care what taxpayers do with RMDs. Managing income tax and IRMAA income brackets is a key challenge for these taxpayers.

Retirement Plan 246

Retirement Plan Taxes Finance Government 246

WEX Inc.

AUGUST 28, 2024

If you’re an employer, performing non-discrimination testing (NDT) is important when it comes to offering benefits to your employees. Testing shows whether or not your tax-advantaged plans are discriminating in favor of highly compensated employees or key employees. What is non-discrimination testing?

Flexible Spending Account 95

Flexible Spending Account Flexible Spending Medical Taxes 95

Money Talk

SEPTEMBER 30, 2022

Many are middle income taxpayers who diligently saved and invested for 4-5 decades in tax-advantaged plans. As I wrote in my book Flipping a Switch , some older adults must “plan for higher taxes in the future, especially when required minimum distributions (RMDs) kick in.” IRMAA surcharges. to $573.30 for Medicare Part B and $12.40

401(k) 245

401(k) Taxes Pension Deductible 245

Money Talk

DECEMBER 22, 2021

An example is pensions for federal government workers and military retirees and disabled veterans. Income Tax Changes - Each year, income ranges for federal marginal tax brackets are indexed for inflation. Income Tax Changes - Each year, income ranges for federal marginal tax brackets are indexed for inflation.

401(k) 232

401(k) Pension Taxes Deductible 232

Employee Benefits

JANUARY 13, 2023

The government has launched a consultation into the way holiday pay and entitlement is calculated for temporary, part-year and zero hours workers. The consultation is intended to explore how the process of calculating holiday pay for these groups can be simplified for employers and provide clarity to employees.

Consulting 105

Consulting Government Education Employment 105

Money Talk

JANUARY 4, 2024

Free money does not have any work requirement, however, and is often income tax-free. Common sources are businesses, individuals, and the government. Employer Match- This is money contributed to employees’ retirement savings accounts to match what they save. If they didn’t discover their tax error, they would not have it.

Life Insurance 176

Life Insurance Pension Benefit Retail Taxes 176

Employee Benefits

NOVEMBER 9, 2023

The government is to legislate to retain rolled-up holiday pay for irregular hours, zero hours and part-year workers and set out that it must be calculated based on total earnings in the pay period. The post Government to legislate to retain rolled-up holiday pay appeared first on Employee Benefits. As of 1 January 2024, 1.6

Government 118

Government Consulting Recruitment Employment 118

Qandle

JANUARY 29, 2025

For companies of all sizes, adhering to labor rules, tax laws, and industry standards is a major challenge. Compliance risk in payroll refers to the potential for errors, omissions, or violations of laws and regulations that govern employee compensation. Payroll management is a crucial responsibility for any business.

Payroll Software 90

Payroll Software Software Payroll Overtime 90

Employee Benefits

DECEMBER 6, 2022

The UK government has committed to introducing secondary legislation entitling employees to the ability to request flexible working from the first day of their employment. It also removes the requirement for staff to set out how the effects of their request might be dealt with by their employer. Put simply, it’s a no-brainer.

Government 105

Government Consulting Employment Employee Benefits 105

Money Talk

APRIL 6, 2023

participating in an employer savings plan and/or IRA) increases the odds of having a successful retirement (i.e., Since it is unlikely that Congress will ever mandate employer plans, some states are now starting to do require employers to offer a workplace savings plan. not running out of money to live a comfortable lifestyle).

401(k) 245

401(k) Retirement Plan Finance Government 245

Employee Benefits

NOVEMBER 17, 2022

Autumn budget 2022: The government has agreed to raise the national living wage by 9.7% The national living wage is the rate set by the government as a legal minimum for employees aged above 23. The move is part of the government’s attempts to reach a national living wage rate of two-thirds of median UK earnings by 2024.

Government 105

Government Commissions Consulting Payroll 105

WEX Inc.

JUNE 20, 2024

Tax deductions if you have a fleet of commercial vehicles Are you a small or large business owner with commercial vehicles, or a fleet manager? Calculating your commercial vehicle spend and how it will be impacted at tax time, including mileage and leasing, can make a huge difference in your overall expenses.

Bonuses 98

Bonuses Taxes Deductible Deductions 98

Employee Benefits

JULY 10, 2024

Employer-funded healthcare trusts are an established, tax-efficient way to deliver the benefit of medical treatment to employees without having to buy employer-paid health insurance. There are some legal and practical steps to take, and conditions to meet, if an employer-funded trust is to be used.

Healthcare 109

Healthcare Employment Taxes Insurance 109

Employee Benefits

MAY 16, 2023

Employers can help by offering flexible work arrangements, discounted leisure and dining vouchers, and signposting staff to government support. Employers that can be seen to help will benefit from more productive and motivated staff. Government-supported childcare schemes can also help.

Employment 111

Employment Government Taxes Entertainment 111

Employee Benefits

APRIL 11, 2024

The Department for Work and Pensions has published new guidance to help employers better support disabled people. It covers areas such as employers’ legal responsibilities, the language they should use, reasonable adjustment and how to discuss performance and progression. The DWP said it forms part of its £2.5 million staff.

Government 96

Government Pension Recruitment Employment 96

HR Lineup

SEPTEMBER 15, 2021

Since the COVID-19 pandemic, the last thing you want to do as an employer is put your workers at risk. Kronos served not only private entities but also government firms, regardless of size. Below are the best HRIS software solutions 2021 that will help you manage your workforce effectively.

Software 238

Software Human Resources Payroll Payroll Manager 238

Money Talk

SEPTEMBER 22, 2022

The costs of opioid addiction affect individuals and families, employers (e.g., absenteeism, presenteeism, labor shortages, disability payments, and costs of errors made by impaired workers), and governments (e.g., criminal justice and incarceration expenses and reduced income tax and FICA tax revenue).

Finance 245

Finance 401(k) Hospitality Taxes 245

Employee Benefits

FEBRUARY 21, 2024

Firstly, the reduction does not directly benefit employers since they will continue to pay secondary (employers) NICs at the current rate of 13.8% Arguably, it may take a little pressure off employers when it comes to demand for future pay rises. Many low earners will find themselves paying tax and NICs for the first time.

Insurance 108

Insurance Employment Taxes Salary 108

Global People Strategist

NOVEMBER 20, 2023

Brazil boasts a robust and complex system of employment laws regulating various aspects of the employer-employee relationship. This article provides an overview of employment laws in Brazil, highlighting key regulations and their implications for businesses. Employers must adhere to these entitlements to remain compliant.

Employment 98

Employment Taxes Government Payroll 98

WEX Inc.

FEBRUARY 12, 2025

elections potentially leading to significant shifts in employment laws and employee benefits, its crucial for employers to stay ahead of changes to maintain compliance. New regulations could affect everything from healthcare policies and labor laws to tax laws, all of which play a key role in benefits administration.

Healthcare 52

Healthcare Health Insurance Taxes Paid Leave 52

Employee Benefits

JULY 17, 2024

Credit: Muhammad Aamir Sumsum / Shutterstock.com The new Labour government is to introduce an Employment Rights Bill within its first 100 days as part of its plan to make work pay. The government will also implement a living wage that accounts for the cost of living and remove any age bands to ensure that every adult worker benefits.

Employment 115

Employment Parental Leave Government Human Resources 115

HR Lineup

MAY 9, 2022

However, exploring this talent zone is a challenge to many employers for the worry of how to handle veteran needs. In addition, employers or hiring personnel must put in concentrated efforts and be dedicated to marketing and advertising their job posts to reach the right audience. . Build a Strong Employer Brand .

Recruitment 241

Recruitment Employment Government Media 241

HR Lineup

NOVEMBER 24, 2023

HR compliance software refers to a specialized set of tools designed to help organizations manage and track their adherence to employment laws and regulations. The software automates tasks related to contracts, payroll, and tax compliance, ensuring that organizations stay on top of their legal obligations.

Software 245

Software Human Resources Healthcare Retirement Plan 245

HR Lineup

FEBRUARY 2, 2024

Leave encashment is a significant aspect of employment benefits, providing employees with the option to convert their unused leave days into monetary compensation. Employees often accrue leave days as part of their employment benefits , including annual leave, sick leave, and other types of leave granted by the employer.

Taxes 130

Taxes Government Salary Deductible 130

Employee Benefits

MARCH 15, 2023

Spring Budget 2023: In addition to introducing support for disabled people and those unable to work due to long-term sickness absence, Chancellor of the Exchequer Jeremy Hunt has pledged government support for those forced to leave work due to mental health and musculoskeletal issues.

Government 98

Government Benefits Package Insurance Consulting 98

HR Lineup

MAY 24, 2022

Employers realized that volunteering programs improve employee engagement and corporate social responsibility. Therefore, many employers are nowadays incorporating it into their leave policies. Note that there are two types of volunteering, including corporate and employer-based. . Keep reading to understand the difference.

PTO 246

PTO IT Employee Retention Paid Leave 246

HR Bartender

FEBRUARY 22, 2022

Ensuring employees are paid in a secure, efficient, and timely manner is one of the fundamental roles of an employer. That includes compliance with employment tax payment and reporting rules with each of the various local, state, and federal agencies to avoid penalties. 3 – Reducing Risk Exposure. . #3

Payroll 156

Payroll Taxes Technology Employee Retention 156

InterWest Insurance Services

MARCH 28, 2023

Even if they are dismissed as meritless, the employer is often out thousands of dollars as a result. The key for employers is to have policies in place that treat everyone equally in the organization, ensure that certain groups of people are not kept from advancing in their jobs, and ensure a harassment-free workplace.

Employment 98

Employment Insurance Overtime Commissions 98

Employee Benefits

JULY 17, 2024

The Transfer of Undertakings (Protection of Employment) Regulations 2006 (Tupe), the UK law which implemented the Acquired Rights Directive into UK law, require that an employer acquiring the employees and possibly workers of another must honour their terms and conditions, including holiday, pay and other benefits, with very limited exceptions.

Employment 108

Employment Consulting Government Employee Benefits 108

Money Talk

MARCH 10, 2022

Where They Are Used- Target-date funds are a frequent “menu” option for workers to select in tax-deferred employer retirement savings plans. For example, federal government workers have “L Funds” in the Thrift Savings Plan. Investors can buy TDFs in taxable or taxable or tax-deferred accounts.

Retirement Plan 188

Retirement Plan Commissions Taxes Finance 188

WEX Inc.

SEPTEMBER 18, 2024

Increasingly, employers are offering their employees both HSA-eligible health plans (or high-deductible health plans ) and traditional health plans. For example, do you have any new dependents who have healthcare needs and could be covered by a pre-tax benefits plan? If your employer offered you a raise, you wouldn’t say no, right?

401(k) 52

401(k) Health Savings Account Flexible Spending Account Healthcare 52

Workplace Insight

APRIL 2, 2024

There are a number of employment law changes coming into effect on 6 April 2024 that will impact SMEs the most. These modifications to employment law will profoundly influence the daily functions of businesses, especially during a period when SMEs face substantial economic challenges. percent of the hours worked during that pay period.

Parental Leave 114

Parental Leave Employment Deductible Deductions 114

HR Digest

AUGUST 22, 2024

This non-compete ban ruling would forbid employers from restricting employees from seeking alternative employment at a competitor firm or starting their own business in the same industry. Chamber of Commerce and tax service firm Ryan. Federal Trade Commission announced a ban on non-compete agreements across the U.S.

Government 52

Government Commissions Taxes Employment 52

HR Lineup

MARCH 29, 2024

Direct Costs of Employment Direct costs are the most obvious expenses related to employing staff, encompassing elements directly tied to compensation. Direct Costs of Employment Direct costs are the most obvious expenses related to employing staff, encompassing elements directly tied to compensation. Some common approaches include: 1.

Salary 130

Salary Retirement Plan Taxes Health Insurance 130

Employee Benefits

JANUARY 16, 2023

Record high inflation in the UK is resulting in some employers increasing pay levels in an attempt to keep up. Alongside one-off payments and pay rises, employers may want to consider investing in a long-term strategy to ensure the financial wellbeing of their employees. Pay strategy changes.

Employment 105

Employment Salary Consulting Pension 105

Joe Markland

APRIL 23, 2021

Employers don’t want to be in the health insurance business. Employers are blocking access to higher quality and more affordable health care. I can lower my own costs easier than my employer. I don’t want my employer to be involved in my health care. Most would get out if they could. I will write about this one. .

Health Insurance 130

Health Insurance Insurance Finance Government 130