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Employee Benefits Guide for 2023: What Employers Need To Know

Vantage Circle

Welcome to “Employee Benefits Guide for 2023: What Employers Need to Know.” In the dynamic arena of modern employment, employee benefits aren’t just perks; they are essential components of a thriving organization. In this case, their deferred money goes into a 401(k) plan sponsored by their employer.

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Regular rate calculation gets a makeover

Business Management Daily

What to do now: Employers should take steps now to adjust their regular rate calculations to the new criteria laid out in these regs. Cash payments for unused paid leave, including paid sick leave. Reimbursements for expenses that aren’t incurred solely for the employer’s benefit. spot bonuses).

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Your Employees Aren’t Taking Time Off — Here’s Why That’s a Problem

Hppy

Knowing what sorts of time off benefits are important to employees can help you craft the best PTO package possible. So what kinds of PTO benefits do employees really want? The general state of paid time off. According to a recent survey from TSheets by QuickBooks, only 84 percent of the workforce has paid time off.

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JOB SATISFACTION

HR Management Activities

Because illness, death in the family, and other personal reasons for absences are unavoidable and understandable, many employers have sick-leave policies that allow employees a certain number of paid absent days per year. Disciplinary approach: Many employers use a disciplinary approach.

PTO 40