article thumbnail

Top 10 Employee Perks Programs for 2024

HR Lineup

They can range from traditional benefits like health insurance and retirement plans to more modern and creative offerings that cater to employees’ diverse needs and interests. Mental Health and Wellness Programs In 2024, mental health and wellness remain at the forefront of employee perks.

article thumbnail

Five steps to improve your payroll process

Bayzat

For most HR/Finance professionals in the UAE, payroll processing can mean only one thing…endless hours tied up in excel sheets, working overtime and triple-checking your work to make sure there are no unwanted errors. In short – payroll processing is something that you have to get right! Streamline and integrate your HR duties.

Payroll 69
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

IRS Announces 2023 Limits for Health Savings Accounts, High-Deductible Health Plans and Excepted Benefit HRAs

McDermott Will & Emery Employee Benefits

Recently, the Internal Revenue Service (IRS) announced (See Revenue Procedure 2022-24) cost-of-living adjustments to the applicable dollar limits for health savings accounts (HSAs), high-deductible health plans (HDHPs) and excepted benefit health reimbursement arrangements (HRAs) for 2023.

article thumbnail

Buyer Beware: The Newest Wave of Hospital/Fixed Indemnity Programs Promising Payroll Tax Savings

McDermott Will & Emery Employee Benefits

While varying in their design features and terminology, these programs all hold out […] The post Buyer Beware: The Newest Wave of Hospital/Fixed Indemnity Programs Promising Payroll Tax Savings appeared first on EMPLOYEE BENEFITS BLOG.

article thumbnail

The Top Payroll Companies in Massachusetts

Genesis HR Solutions

Looking into payroll companies in Massachusetts? But is a payroll company really all the help you need? Keep reading to find out whether your ideal solution is purely payroll, or if you might benefit more from a slightly different option (that still includes payroll services): a PEO. East Coast Payroll. ConnectPay.

Payroll 52
article thumbnail

IRS Clarifies Status of Fixed-Indemnity Health Plans Claiming Big Tax Savings

McDermott Will & Emery Employee Benefits

A recent Internal Revenue Service (IRS) memorandum addresses the tax status of certain fixed-indemnity health plans that promise employers major payroll tax savings. The post IRS Clarifies Status of Fixed-Indemnity Health Plans Claiming Big Tax Savings appeared first on EMPLOYEE BENEFITS BLOG. Read the article.

Taxes 75
article thumbnail

Payroll Practices in Colombia

Global People Strategist

Colombia is a country that may be attractive for generating new business operations, but with complex and extensive payroll systems and requirements in this country, it is vital for global business operations to understand the local laws and mandates.

Payroll 52