You might decide to move an employee from hourly to salary because he or she has been promoted or given more responsibilities. Or maybe you want to simplify payroll-cost estimation, as salaried employees are usually … Read More
Can Employees Discuss Their Salaries at Work? To prevent this outcome, you might consider developing a policy that prohibits employees from discussing their pay with their co-workers. But before you do that, remember that you may run afoul of federal law.
Commuter benefits are fringe benefits that allow employees to set aside pretax money to pay for work-related transportation costs. Generally, for employees to use the benefit, their employer must set up a commuter, or transportation, benefits plan that meets the requirements of Section 132(f) of the Internal Revenue Code.
In 2018, the Department of Labor issued an opinion letter in response to a query regarding whether certain lump-sum payments are considered earnings under Title III of the Consumer Credit Protection Act, which limits the … Read More
You’re doing everything possible to keep your business moving forward. Does interviewing, hiring, and recruiting top talent always get put off? Using temporary or temp-to-hire positions has a number of benefits. You can test the … Read More
Do you wonder how best to compensate employees for good work? Determining the appropriate amount for a raise is actually trickier than people realize. Consider employee morale, employee performance, and market averages. To get a … Read More
There is no legal requirement to offer severance. Companies often provide it after an employee is terminated. In general, the amount is based on length of employment. You may decide to offer a week’s pay … Read More
How do you approach allocating compensation dollars into a salary budget? Managers throughout your company must work together to budget dollars for salary and help control health care and other miscellaneous benefit costs. Research Carefully … Read More
Unlimited vacation time is like an all-you-can-eat buffet: Although you love the idea of downing pounds of shrimp, in reality there’s only so many fantails you can eat, and it’s never as much as you … Read More
Today the Department of Labor announced the new salary threshold for certain employees to qualify as exempt from minimum wage and overtime under the Fair Labor Standards Act’s White Collar Exemptions. Effective December 1, 2016, … Read More
In case you haven’t heard, there’s a game-changer in the works, and it will likely go into effect—meaning you’ll start to feel it—this year. We trust that you are already on alert, but just in … Read More
The American Payroll Association’s (APA) 32nd Annual Congress included a virtual workshop called “Multi-State Taxation.” The workshop was conducted by Steve Hodgson, CPP, APA Director of Payroll Training. The webinar included discussion on where an … Read More