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If You’re Paid Biweekly, You’ll Probably Get an Extra Paycheck in 2020

HR Digest

It seems pretty straightforward – except that every 11 or 12 years, because of our calendar system and leap years, there are actually 27 pay periods in the year. Does this mean you’ll get an extra paycheck in 2020? Does this mean you’ll earn more than your annual salary in 2020? This means that gross pay would be 3.7%

401(k) 81
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Leap year! How to handle 27 biweekly payrolls in 2020

Business Management Daily

1 payday back into 2020, you’d still have 27 biweekly pay periods, this time in 2021. Hourly-paid nonexempts are impacted only to the extent of withholding and deductions. This avoids the problem, but many payroll systems aren’t set up to deal with these fractions. Employees’ benefits deductions and allowances (e.g.,

Payroll 83
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Buyer’s guide to earned wage access schemes

Employee Benefits

Via these schemes, employees can choose to be paid for a portion of work that they have already done, with employers setting a threshold, usually at about 25% to 50% of earned wages, at a time that works for them, while the employer continues to run a normal payroll cycle. EWA schemes tend to be offered in two ways.

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Single Touch Payroll Phase 2: What to expect

Ascender

By 1 July 2019, all businesses across Australia should be compliant to STP regardless of their total headcount, requiring huge efforts from employers and payroll solutions providers to work together to prepare their payroll data and ensure their payroll systems are STP-enabled for smooth compliance.

Payroll 70
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How to Manage Better the Payroll of Your Employees 

Hppy

Do you want to figure out how you can manage your payroll effectively? From processing paychecks, keeping track of labor laws, maintaining compliance, calculating deductions and bonuses, and tracking all tax-related documentation, payroll is an aspect of business that is fraught with the potential for mistakes. .

Payroll 36
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Single Touch Payroll is getting a facelift

Ascender

By 1 July 2019, all businesses across Australia should be compliant to STP regardless of their total headcount, requiring huge efforts from employers and payroll solutions providers to work together to prepare their payroll data and ensure their payroll systems are STP-enabled for smooth compliance.

Payroll 40
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Maternity Leave in UAE

Bayzat

The employer provides this compensation and is not deducted from the employee’s accrued leave balance. In 2020, the UAE became the first Arab country to introduce paternity leave, granting both male and female private-sector employees five days of paid leave upon the birth of their child.