PeopleStrategy

NOVEMBER 7, 2017

Some health and life insurance plans and retirement plans require companies to report enrollment figures and balances at the end of the year. Pay careful attention to overtime laws and tax filings for freelancers, contract workers and remote employees located outside the state in which your company is located.

Flexible Spending Account 58

Flexible Spending Account Taxes Retirement Plan Flexible Spending 58

Genesis HR Solutions

JUNE 5, 2023

However, such expenses may not reduce non-exempt employees’ wages below the minimum wage, nor decrease their overtime compensation (state law may require employees to be reimbursed for business expenses). Under the Fair Labor Standards Act (FLSA), employers are not required to reimburse employees for business expenses.

Deductions 40

Deductions Deductible Taxes Retirement Plan 40

Insperity

MARCH 28, 2019

From basic benefits like medical and dental coverage, to health care flexible spending accounts and life insurance, the list of benefits you’ll have to manage can grow quickly. State and local health care mandates may require you to offer additional coverage or benefits. There’s no need to complicate the process.

Family and Medical Leave Act 72

Family and Medical Leave Act Flexible Spending Account Software Education 72

Insperity

JULY 29, 2012

After the pay period is determined, you will need to consider how to handle things like paid time off (for holidays, vacations, sick days and personal days) and overtime, how you will track employee hours and decide if you will offer direct deposit. Other options include semi-monthly (e.g., the first and fifteenth of the month) and monthly.

Payroll 40

Payroll Gross Pay Payroll System Deductions 40

Insperity

NOVEMBER 25, 2013

Not understanding the difference between exempt employees, non-exempt employees and independent contractors can lead to misrepresentations in reporting income and withholding taxes, as well as the mishandling of overtime. These workers, who receive $600 or more in compensation during a given year, expect to be sent their Form 1099 by Jan.

Payroll 40

Payroll Taxes Government Online Payroll 40

Hppy

JULY 4, 2022

Work-life balance is all about giving your employees control over their free time. If work hours are between 9 AM to 5 PM, they shouldn’t be required to do more unless they’re being paid overtime. However, it isn’t all about insurance. Staying after work hours shouldn’t be encouraged either verbally or through benefits.

Paid Vacation 69

Paid Vacation Retirement Plan Life Insurance Overtime 69

Insperity

APRIL 16, 2015

This includes medical, dental and vision coverage, a health care flexible spending account , a retirement plan, life insurance and personal accident insurance, short-term and long-term disability insurance, adoption assistance, commuter benefits and educational assistance. A PEO does NOT. Control your business.

Payroll 95

Payroll Flexible Spending Account Disability Insurance Insurance 95

Hppy

DECEMBER 2, 2020

Requirements and procedures for administration of overtime pay. This type of law refers to the compensation provided to employees by their employers, to supplement wages or salaries, such as health insurance, life insurance, paid vacation, and childcare benefits. Framework for work hours (i.e.

Family and Medical Leave Act 56

Family and Medical Leave Act Management Paid Vacation Health Insurance 56