During the pandemic, companies experimented with options to ease the trauma. They quickly adapted to compromises such as no-layoff pledges, furloughs, grants of extra personal time off and trimming executives’ salaries first. Their pitch was that they cared sincerely about employees’ welfare. That said, more...
What is on-demand pay? How can it boost your company’s bottom line? Through on-demand pay apps, you can provide workers with additional benefits and improve your employee turnover rate. Many of these apps can be integrated into your payroll system, so you don’t have to...
Once people complete and file their tax return, many of them eagerly await any refund they may be owed. Knowing fact from fiction can help manage expectations as they wait for their money. Myth: Calling the IRS, a tax software provider or a tax professional...
It does! Congress enacted the National Labor Relations Act ( NLRA ) in 1935 to protect the rights of employees and employers, to encourage collective bargaining, and to limit certain labor and management practices that can harm the general welfare of workers, businesses, and the...
LAW UPDATE The Department of Labor (DOL) has updated regulations issued under the federal Fair Labor Standards Act (FLSA) that impact pay rates, employee classification, and overtime eligibility within the next two months. THINK FAST! For non-pastoral*, salaried church employees, pay may have just gotten...
While there are different rules in each state, the Family Medical Leave Act (FMLA) applies to every business that operates in the United States. Even if you don’t think this law applies to you, it’s important to learn about FMLA notification requirements and eligibility rules. As...
According to a Department of Labor release, a newly issued rule increases the salary threshold required to exempt a salaried bona fide executive, administrative or professional employee from federal overtime pay requirements. The release states, "Effective July 1, 2024, the salary threshold will increase to the equivalent...
WASHINGTON The IRS encourages taxpayers to use the IRS Tax Withholding Estimator to ensure they’re withholding the correct amount of tax from their pay in 2024. This digital tool provides workers, self-employed individuals and retirees with wage income a user-friendly resource to effectively adjust the amount of...
The Baby Boomers, Generation X, millennials, and Generation Z, who make up most employers’ workforce, have different situations and benefit needs. That’s why increasing numbers of employers are looking beyond a one-size-fits-all plan to a multi-generational benefit plan. KNOW YOUR DEMOGRAPHICS The first step in moving...
Staff development is the key to forward motion in any organization. If your people are your greatest asset, then their growth and success are your organization’s growth and success. When they stop growing, you can almost guarantee organizational growth will come to a screeching halt,...