Workplace Insight

MARCH 29, 2024

According to the latest data from the careers website Ladders , the availability of remote positions with salaries exceeding $200,000 has seen a drastic reduction. The authors claims that, for those seeking the highest salaries, the current trend suggests that in-office work may be the more lucrative path.

Salary 64

Salary Engineering Medical Finance 64

HR Bartender

APRIL 16, 2017

Today’s reader question deals with that: I am trying to find out if employee discount programs that companies sign up for (to offer their employees discounts) have tax consequences for the employee and/or company when the discounts are redeemed. From a payroll perspective, are benefits, perks, and employee discount programs taxed differently?

Taxes 138

Taxes Recruitment 401(k) Payroll 138

Higginbotham

SEPTEMBER 12, 2023

percent of the employee’s household income for the year for purposes of both the pay or play rules and premium tax credit eligibility. DOL Proposes FLSA Overtime Rule with Higher Salary Levels for White-Collar Employees On Aug. Some highly compensated employees may also qualify for the FLSA white-collar overtime exemption.

Electronics 52

Electronics Overtime Flexible Spending Account Salary 52

Achievers

NOVEMBER 1, 2016

Current statistics from Catalyst show that it costs an average of one-fifth of an employee’s salary to replace that person, which means that for a position paying $50,000 a year, your replacement costs will generally run over $10,000. To learn more, download our white paper on uniting your workforce with a positive company culture.

Employee Retention 180

Employee Retention Employee Recognition Work From Home Consulting 180

Achievers

MARCH 7, 2017

First, make sure your salary is well over the cost of living with websites such as Numbeo or Living Wage Calculator. Keeping accurate records of moving costs will also streamline filing taxes at the end of the year. It would be wise to try and save the equivalent of 1 to 2 months of salary to cover the basics, just in case.

Consulting 134

Consulting Salary Utilities Taxes 134

HR Bartender

JULY 19, 2016

In case you missed it, here’s a short summary of the ruling : The Department of Labor has set the new standard salary level at $913 per week or $47,476 annually. Employers will be allowed to use nondiscretionary bonuses and incentive payments (including commissions) to satisfy up to 10 percent of the new salary threshold.

Overtime 90

Overtime Human Resources Retirement Plan Life Insurance 90

Genesis HR Solutions

AUGUST 7, 2018

Learn the best practices for documenting FLSA classification in this free white paper. You would owe back wages (at time and a half) to the employees, and the penalties and interest on the taxes you should have paid could be enough to sink your company. This classification of employee is often referred to as “salaried.”.

Overtime 40

Overtime Salary Government Taxes 40