According to theBureau of Labor Statistics, in 2012 the mean hourly wage for construction laborers, likelythe lowest paid workers on a construction project, was $16.58 per hour while the median hourly wage was $14.42 per hour. Hourly wages in states and metropolitan areas with the highest conce...
If your employer pays you extra money, outside of your regular salary, the federal government typically treats this as supplemental wages. These wages generally include commissions and bonuses, any severance payments upon termination of your employment, taxable prizes and awards, retroactive pay ...
Schedule H (Form 1040)Household Employment Taxes (for Social Security, Medicare, Withheld Income, and Federal Unemployment (FUTA) Taxes)Schedule H is used to report wages paid to, and Social Security taxes paid on behalf of, a household employee. This includes, but is not limited to, nannies...
In this survey, 23.1 percent of private sector workers reported that discussion of wages and salaries was formally prohibited and an additional 38.1 percent reported that such discussion was discouraged by managers.On April 8, 2014, President Barack Obama issued an executive order prohibiting federal...
Creating the income tax –The internal revenue code began when Wilson signed into law an income tax on October 3, 1913. The initial tax wasn’t overly onerous – with a top rate of just 7 percent – but it predictably evolved into the punitive levy that currently plagues America. Creating...
Discuss how wages are determined in labor markets. Congress has granted the bureaucracy extensive powers. Name and explain the main task of the bureaucracy inclCongress has granted the bureaucracy extensive powers. Name and explain the main task of t ...
federal income tax brackets applicable to individuals for ordinary income, and that this article doesn’t discuss the tax rates applicable to businesses or to other types of income, or state or local taxes. How to determine the taxes you owe based on the tax brackets that apply to you Just...
Paid Prenatal Leave(Budget Bill).New York employers will soon be required to provide pregnant employees with 20 hours of paid prenatal leave each year in addition to any paid sick leave required under state law – making it the first of its kind in the nation. ...
Harris will say in a speech in Philadelphia that theLabor Departmenthas provided the first update in decades to the Davis-Bacon Act of 1931, a law that requires the payment of prevailing local wages on public works. The new rule is something of a return to the past in that it w...
District. The president of the Federal Reserve Bank of Philadelphia, along with the presidents of the other banks and the seven governors of the Federal Reserve Board, meet regularly to discuss the economy and monetary policy. This group is referred to as theFederal Open Market Committee (FOMC)...