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...
The actual channels an employee needs to go through vary from organization to organization, but here are some basics that need to be in place no matter what: Have a clear policy in place on what types of behavior will and will not be tolerated. ...
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...
On January 10, 2024, the U.S. Department of Labor published a final rule, effective March 11, 2024, revising the Department’s guidance on how to analyze who is an employee or independent contractor under the Fair Labor Standards Act (FLSA). This final rule rescinds the Independent...
According to an IRS statement, starting in 2024, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 67 cents per mile driven for business use, up 1.5 cents from 2023. 21 cents per mile driven for...