Unlimited PTO is a way to signal to employees that your firm is flexible about them taking time off as needed so long as it doesn't disrupt business. PTO, thus, becomes a way to reward the productive use of work hours. In brief, if employees' work...
Since the pandemic, many Americans have been struggling to get their financial houses in order. If you're wondering what a financial wellness program encompasses or what would be helpful to your employees, some areas where employees may need help in maintaining their financial wellness are: ...
Required Minimum Distributions (RMDs) are minimum amounts you must withdraw from your IRA or retirement plan account when you reach age 72. Beginning in 2023, the SECURE 2.0 Act changed the age RMDs must begin to age 73 for taxpayers that are born after 1950....
As of February 6, 2024, Texas will prohibit employers of all sizes from adopting or enforcing a policy that requires applicants or employees to receive a COVID-19 vaccination. Additionally, employers can’t take any adverse action against an employee or applicant for their refusal to be vaccinated...
The two leading presidential candidates in the polls today are 81 years old and 77 years old. Bob Iger returned to Disney as CEO. He will be 73 years old in February. Football coaches are getting older. Nick Saban and Mack Brown are both 72 years old. What...
WASHINGTON — With the start of filing season the Internal Revenue Service today reminded employers of the Jan. 31 deadline to file Forms W-2 and other wage statements with the Social Security Administration (SSA). Filing these documents timely prevents late-filing penalties for employers, helps employees file...
Are you getting tired of fixing missed punches? Swipeclock Touch can prevent this issue. And that’s not all! This modern time clock solves all sorts of payroll pain points. Prevent payroll errors Improve job billing Reduce unplanned overtime Enforce employee schedules Minimize employee time theft ...
Before establishing an official payroll process for your company, it’s important to think about how you want payroll to work. As you ponder your options and think about the way you want to run payroll, make sure you prioritize the following details. Otherwise, you might...
Below are federal payroll tax rates and benefits contribution limits for 2024. Social Security tax In 2024, the Social Security tax rate is 6.2% for employers and employees, unchanged from 2023. The Social Security wage base is $168,600 for employers and employees, increasing from $160,200 in 2023. Self-employed people must...
OSHA Form 300A Workplace Posting Begins February 1 Employers that had 11 or more employees at any point in 2023 are required to post Occupational Safety and Health Administration (OSHA) Form 300A, Summary of Work-Related Injury and Illnesses, from February 1 through April 30 unless...