Employee compensation is no simple matter. Still, the rules on overtime are straightforward. The Fair Labor Standards Act requires employers to pay nonexempt employees overtime pay when they exceed 40 hours of work in a single workweek. Some states have more restrictive laws on the books. Alask...
Direct deposits are usually the standard form of payment for employers to distribute salaries to their employees. However, even as the standard, some prevailing state laws prohibit employers from making this method mandatory. Other ways to pay employees include cash, checks, pay cards, and mobile ...
Businesses must keep records of the withholdings from employees’ pay throughout the year and thenreport and summarize it on W-2 forms (for payroll employees)or1099 forms (for independent contractors). Employers must send copies of each employee’s form to the IRS, the employee, and the Socia...
A “use-it-or-lose-it” policy means employees lose any unused vacation or PTO days they’ve accrued at the end of a year, and they can’t ask for it to be paid out or rolled over to the following year. Now, are employers required to pay out PTO in your state? And is PTO con...
Setting up payroll is one of the most important tasks employers have on their plate. Payroll is how you make sure your employees get paid—accurately and on time—which directly impacts their satisfaction and your company's overall performance. For small businesses, handling payroll internally can...
EmployerDepositing Employment TaxesEmployers must deposit withheld federal income tax, FICA, and FUTA taxes. EmployerNote: For the most accurate and current tax rates as applicable to exempt and non-exempt employees, refer to the relevant publications or visit the official IRS website. Payroll ...
• California-style overtime for teams with mixed CA and non-CA employees • Contributions of $120/month to employee healthcare Levelized pay across workers. The company utilized HireArt to gain visibility into pay across their workforce. They set up standardized pay packages that ...
Sources say that certain minor league players contacted the USW for immediate help. USW organizing director Maria Somma says the union supports people who want employers to address their problem, including baseball players. MLBA:Even the Major League Baseball Association, with its 1,200 members, ha...
If an employer pays your Social Security, do employees still pay Social Security? Do employers need to pay salaried employees overtime? Do 1099 employees get a W-2? According to the U.S. Department of Labor, does an employer have to pay statutory holidays? Does California allow forced vacat...
The secretary may work for or againsthealthcarebenefits in the workplace, a minimum wage, and overtime pay. In addition, the secretary weighs in on conflicts regarding federal labor regulations and interpretations that affect all types of businesses. Sponsored Trade on the Go. Anywhere, Anytime ...