PeopleStrategy

DECEMBER 12, 2023

Employee IRA contribution increases to $7,000 (up $500) Employee contribution limit for SIMPLE IRAs and SIMPLE 401(k) plans increase to $16,000 (up $500) Limits used to define a “highly compensated employee” and a “key employee” increase to $155,000 and $220,000, respectively (both up $5,000) Annual limit for defined contribution plans (e.g.

401(k) 52

401(k) Overtime Health Savings Account Retirement Plan 52

Empuls

OCTOBER 11, 2023

Some companies share a portion of their profits with employees as a way to reward them for their contributions to the company's success. This can be distributed through bonuses, profit-sharing plans, or stock options. These celebrations create a positive workplace culture and reinforce long-term relationships.

Bonuses 40

Bonuses Retail Food Benefits Package 40

Vantage Circle

JULY 13, 2021

How to manage all aspects of employee compensation, reward, and recognition. Total rewards encompass all the ways that employees are rewarded for their work. A Total Rewards Program is an innovative approach to managing an organization's culture that offers a comprehensive set of rewards and benefits to its employees.

IT 52

IT Bonuses Employee Retention Benefits Package 52

Empuls

OCTOBER 11, 2023

Employee ownership programs Employee ownership programs involve offering eligible blue collar workers the opportunity to become partial owners of the company through stock ownership or profit-sharing plans. This data can help management address specific issues and make improvements.

Manufacturing 40

Manufacturing Food Profit Sharing Plan Health Savings Account 40