Employee Benefits

JULY 10, 2023

An employment tribunal has ruled that collapsed firm ABC Engineering needs to pay eight former members of staff more than £12,000 for failing to pay holiday entitlements and unauthorised wage deductions. The Warrington-based engineering business entered voluntary liquidation in last September after accruing debts worth nearly £300,000.

Engineering 59

Engineering Overtime Deductions Deductible 59

Genesis HR Solutions

MAY 8, 2019

We’ll take this complexity out of your payroll to-do list and handle deductions required by state and federal laws for you. We can also accommodate deductions specific to your organization, including deductions for charities, uniforms, etc. State Unemployment Insurance Tax Account (SUTA) Management.

Payroll Service 40

Payroll Service Payroll PTO Outsourcing Payroll 40

Vantage Circle

SEPTEMBER 26, 2021

A software engineering firm with $28 million revenue and 85 employees carried out a case study. While phantom stocks may sound good right now, there are many things you should know before you give phantom shares to your employees, including how they work and the tax implications. How is phantom equity taxed? Let's get started!

Employee Stock Option 52

Employee Stock Option 401(k) Taxes Bonuses 52

Ahmed's Universe

SEPTEMBER 12, 2010

Localized rules and processes : If you''ve decided to enter a market with your own payroll product (versus a partnership with a local vendor), this pillar needs to be built, as payroll rules vary from country to country, and their level of complexity may be such that changes to your core payroll engine may have to be considered.

Software 186

Software Payroll Engineering Government 186

HR Professionals Magazine

JANUARY 25, 2023

For certain plan sponsors, a larger one-time financially engineered contribution could be an advantageous tactic.

Retirement Plan 52

Retirement Plan Pension Finance Engineering 52

Genesis HR Solutions

JULY 31, 2018

Because businesses of all size are finding it more necessary to gain efficiencies and manage appropriate taxing—and they don’t have the resources or expertise to do it alone. Businesses of all size are finding it more necessary to gain efficiencies and manage appropriate taxing—and they don’t have the resources or expertise to do it alone.

Payroll 40

Payroll Outsourcing Payroll IT Payroll System 40

Vantage Circle

NOVEMBER 23, 2023

A 401(k) is a tax-advantaged retirement savings program provided by employers. In this, employees can elect to have a portion of their earnings automatically deducted from their paychecks and directed into their investment account. By the end of 2019, 42.1% of 401(k) plan participants had their money invested in equity funds.

Family and Medical Leave Act 64

Family and Medical Leave Act 401(k) Retirement Plan roth 401(k) 64