WASHINGTON — The Internal Revenue Service announced that the optional standard mileage rate for automobiles driven for business will increase by 3 cents in 2025, while the mileage rates for vehicles used for other purposes will remain unchanged from 2024. Optional standard milage rates are used...
Question: We’re considering demoting an employee. What questions should we ask ourselves to ensure we are making the right decision? Answered by the HR Experts: Demotions, like other employment decisions, need to be handled carefully. You should ask yourself the following questions to ensure you are...
Companies are introducing sabbaticals for long-term employees to use for personal projects that take more time than a vacation affords. Professional development, community service and travel are packed into sabbaticals. Leave is often awarded in tenure-based increments — one or two weeks for every year of...
In the bustling world of service industries, managing tips can be a significant challenge, involving the delicate balance of accuracy, compliance, and fairness. Whether it’s a restaurant or a salon, business owners need to effectively handle the complexities of tracking, reporting, and distributing tips in...
Businesses that make structural adaptations or other accommodations for employees or customers with disabilities may be eligible to save money on their taxes. Here are the tax incentives for employers who provide accommodations for people with disabilities. Disabled Access Credit The Disabled Access Credit is a non-refundable...
For the first time, there are six generations in the workforce. And each of those generations has different wants and needs regarding total rewards. When one-third of employees would prefer more benefits over more compensation, according to a Marsh McLennan Agency report published earlier this year, employers can help employees...
A leave donation or leave-sharing program is a voluntary, employer-offered benefit that allows employees to donate accrued hours of paid leave (vacation, sick leave, etc.) to a “leave bank.” Other employees can apply to receive the donated, paid leave hours when they experience a medical emergency or major disaster...
Even if you only have one employee, you are still legally required to garnish wages if you receive a court order to do so. Unfortunately, calculating the garnishment and fulfilling your legal obligation isn’t always easy. By keeping in mind a few best practices, you...