Employee Benefits
SEPTEMBER 6, 2023
Bikes-for-work schemes are tax-exempt arrangements that encourage employees to cycle to work to reduce environmental pollution and promote healthier lifestyles. Are there any potential tax or legal issues ? The appeal of bikes-to-work schemes may, in part, lie in the potential national insurance (NI) and tax savings.
HR Digest
JANUARY 8, 2020
Or will the amount of each paycheck in 2020 be lower than in 2019? Some employers may choose to divide employees’ annual salary over 27 pay periods instead of 26. This means that gross pay would be 3.7% lower each pay period during 2020 (although you’d make the same total salary).
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Workers' Compensation Perspectives
DECEMBER 27, 2019
noted that gross pay results in inequities—uneven results for workers due to tax factors and number of dependents, concluding “.spendable It also has a weekly benefit maximum of $1275 as of October 1, 2019. The Commission, chaired by John F. Burton, Jr., Rhode Island mandates a 75% of spendable compensation rate.
Workers' Compensation Perspectives
OCTOBER 29, 2019
There is no universal standard for the percentage of gross or net (often referred to as “spendable” earnings). Exactly which portions of total compensation go into the calculation of gross may vary (see section on excluded earnings). Workers’ like Marion will have a higher proportion of their gross earnings withheld for taxes.
Workers' Compensation Perspectives
NOVEMBER 22, 2019
Washington State’s Department of Labor and Industries explains this to injured workers as follows [see form F207-227-000 Calculation of Monthly Wage as a Basis for Time-Loss Compensation 04-2019 ] : Time-loss benefits are also based on your marital and dependent status. If you are married, an additional 5% will be paid. Burton, Jr.,
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