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IRS Announces 2024 COLAs for Transportation Fringes, FSA Deferrals

PayrollOrg

The IRS released cost-of-living-adjustments (COLAs) for 2024 reflecting any increases in excludable transportation fringes and flexible spending arrangements (FSAs).

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Department for Transport reports 10.7% mean gender pay gap

Employee Benefits

Credit: William Barton / Shutterstock.com The Department for Transport (DFT Group) has reported a 10.7% Dame Bernadette Kelly DCB and Jo Shanmugalingam, permanent secretaries at the Department for Transport, said: “Our pay awards cover the whole DFT Group. The post Department for Transport reports 10.7% respectively.

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IRS Releases Annual Increases to Health FSA and Transportation Fringe Benefit Limits for 2024

Proskauer's Employee Benefits & Executive Compensa

On November 9th, the IRS announced additional inflation adjustments for 2024, including to the annual contribution and carryover limits for healthcare flexible spending accounts and the monthly limit for qualified transportation fringe benefits. The new limits are set forth below.

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First Manchester and Greater Manchester Accessible Transport drivers accept pay rises

Employee Benefits

Bus drivers employed by First Manchester and Greater Manchester Accessible Transport have accepted improved pay deals , ending the threat of strike action. Greater Manchester Accessible Transport has also committed to signing up to the Greater Manchester Good Employment Charter. increase from September and a further 3.2%

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British Transport Police reports 5.74% mean gender pay gap

Employee Benefits

Credit: William Barton / Shutterstock.com British Transport Police published its 2022 ethnicity and gender pay gaps , reporting a mean average gender gap in hourly pay of 5.74%. The post British Transport Police reports 5.74% mean gender pay gap appeared first on Employee Benefits. and £18.71, respectively. and £16.85.

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Transport Your Employees to Better Tax Savings With Commuter Benefits

Patriot Software

Commuter benefits aren’t just popular in big cities with prevalent public transportation systems. But coming up with unique and appealing perks, like commuter benefits, can further your chances of attracting and retaining top talent. Any employer can give employees the gift of […] READ MORE.

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19% pay rise for 200 Carntyne Transport staff

Employee Benefits

Workers employed by Glasgow-based logistics firm Carntyne Transport have won a 19% pay rise. This inflation-busting pay deal of 19% on the basic pay is a major victory for our members at Carntyne Transport who led the fight for better jobs, pay and conditions,” she said. Carntyne Transport has been contacted for comment.