Question: We’d like to start giving cost of living raises to employees on their anniversary dates. What’s the best way to calculate these pay increases? Answered by the HR Experts: When the information is available, employers typically use the consumer price index...
Payroll
Understanding the New Federal Tax Law on Tips and Overtime: What Employers Need to Know and How to Prepare
Understanding the New Federal Tax Law on Tips and Overtime: What Employers Need to Know and How to Prepare The federal income tax exemption for tips and overtime pay—part of the “One Big Beautiful Bill Act” passed on July 3, 2025—is not just a policy change; it’s a...
State-by-State Termination Pay Rules: How and When To Pay Final Paycheck
Whether your employee quits or you have to let them go, you are legally obligated to give them a final paycheck. However, the termination paycheck rules vary from one state to another. While some states require you to issue a paycheck as soon as you discharge the...