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Payroll and the financial year that was: wage theft, legislation, and crises

Ascender

Many of these events have impacted payroll significantly, requiring organisations to adjust their processes. Let’s take a look at some of these notable events that affected payroll in the last 12 months: Wage Theft and Underpayment. New Zealand: Holiday Act of 2003 Remediation. Legislation Impact.

Payroll 52
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Payroll in the last 12 months: wage theft, legislation, natural disasters and global crises

Ascender

Many of these events have impacted payroll significantly, requiring organisations to adjust their processes. Let’s take a look at some of these notable events that affected payroll in the last 12 months: Wage Theft and Underpayment. New Zealand: Holiday Act of 2003 Remediation. Legislation Impact.

Payroll 52
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Workers’ Comp Insurers Continue Cutting Their Rates

InterWest Insurance Services

per $100 of payroll, down from $1.80 and in 2003 it was $6.54. Since 2005, there has been a series of legislative reforms that cut costs and increased benefits for injured workers, and resulted in more predictable and declining claims costs. As of June 30, 2022, the average charged rate for workers’ comp in California was $1.74

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Celebrate 19 Years of Health Savings Accounts

Benefit Resource Inc.

The Medicare Prescription Drug, Improvement, and Modernization Act of 2003 replaced the old medical savings account system with HSAs. Employer contributions are not subject to payroll taxes or income taxes as long as they don’t exceed certain limits set by the IRS each year. Take Control of Your Healthcare Costs.

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Financial Wellness Series Part Three – The Link Between Financial Stress, Health and What Employers Can Offer to Have an Impact

AssuredPartners

Reduced Human Resources costs, not having to deal with processing wage garnishments and requests for payroll advances and 401(k) loans, etc. Thomas Garman, 2003, (CCH Inc., Thomas Garman, 2003, (CCH Inc., CEBS, June 2016 and The American Institute of Stress, The Herman Group, The Herman Trend Alert, May 2003. [9]

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Is Fidelity Still in HR Services Business? Bank of America Ends Outsourcing Contract

Ahmed's Universe

The decision which moves payroll, timekeeping, recruiting and benefits to Hewitt (and only keeps retirement with Fidelity for the time being ) prompts any observer of the HR technology and services business to wonder what is going on. In particular, the choice of a technology platform has been erratic, at best.

Banking 170
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2010-2011: Two momentous years of consolidation in the HR space

Ahmed's Universe

PARIS My interest and experience in M&A activities in the HR services and technology space go back to Oracle''s long, hostile and headline-grabbing acquisition of PeopleSoft in 2003. acquisitions consolidation global HR globalization HCM hr technology mergers and acquisitions multi-country payroll'