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Changes Coming to Electronics, Dual-Wage Class Codes

InterWest Insurance Services

The Workers’ Compensation Insurance Rating Bureau of California will recommend changes to class codes for some electronics manufacturing sectors, as well as increases to the wage thresholds for construction industry dual classifications. per $100 of payroll for class code 3681 will apply to the new combined code.

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Payroll services for small businesses

Higginbotham

Payroll processing is a necessary part of having employees. It can seem simple at first glance, but when you start adding in things like overtime and vacations, the payroll process can start to get complicated. That’s why payroll services for small businesses can be a lifesaver. Payroll Mistakes Happen.

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What Taxes Do Businesses Have To Pay?

Kollath CPA

Self-employment tax . Generally, you must pay self-employment tax and file Schedule SE if: Your net earnings from self-employment are $400 or more. Employment taxes . If you have employees, you have employment tax responsibilities. Employment taxes include: Social security and Medicare taxes. Excise tax .

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Workers’ Compensation: What’s payroll got to do with it?

Workers' Compensation Perspectives

Payroll” used to have a simple meaning. According to the Online Etymology Dictionary: payroll (n.) For workers’ compensation, payroll can have different meanings depending on your jurisdiction and whether you are a worker or an employer. Wages and salaries cost employers $25.22

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What are the pros and cons of digital self-service pay systems?

Employee Benefits

Quick and easy access to payroll information can also help employees see the impact on pay of benefit take up. With so many innovative and quirky ways of boosting employee engagement now in practice, reformatting a payroll system might at first seem like a very dull approach. It is a good time to implement digital self-service pay.”.

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Today’s Top Compensation Trends

CorpStrat

More than ever, compensation is top of mind for employers and employees alike. Today, workers can demand higher pay and better benefits as many employers face a worker shortage and struggle with employee attraction and retention. On top of that, both employers and employees are feeling the financial strain of record-high inflation.

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Housing Inflation

Florida Workers' Comp

Payroll costs will be impacted whether by the market or some new minimum wage imperative, as will the expenses that are related thereto such as general taxes, unemployment taxes, and the cost of workers’ compensation insurance premiums. Motivated manufacturers have offshored many jobs because of the comparative low cost of labor.