Specify the amount of any penalties that are associated with late reporting. 6.4.11.2 Process Use these processing options to specify information about how the system processes state unemployment insurance (SUI) reports for the organization. 1. Print Employee Wages on Summary Report Specify whether e...
as well as certain cities, have instituted their individual minimum hourly wage rates, often exceeding the federal benchmark. Below is a summary of the minimum wages for each state, based on the most recent information available:
Effective January 1, 2020, employers must provide sexual harassment prevention training totemporary or seasonal employees within 30 calendar days after the hire date or within 100 hours workedif the employee will work for less than six months. In the case of a temporary employ...
Running payroll means staying on top of your employment tax responsibilities. In addition to withholding income and payroll taxes from employee wages, you must contribute employer taxes. Unlike some other taxes, state unemployment taxes do not have a standard rate. Read on to answer, What is my...
How do state minimum wages compare to the federal rate? Many states have higher minimum wages than the federal rate. For example, in 2025, Washington’s minimum wage will be $17.00 per hour, while Alabama and Indiana will still have the federal rate of $7.25 per hour. Are there any stat...
Overtime wages are 1.5 times an employee’s regular pay rate for each hour worked over 40 in a workweek. Under federal law, you must give overtime pay to your employees unless they have exempt status. Employees are only exempt from overtime pay if they meet all three of the following ...
A final paycheck is the last payment an employer makes to an employee who is leaving the company, whether they quit, were laid off, or were terminated for cause. This paycheck should include all standard wages earned through the employee's last day of work, along with payment for any ...
DelawareNoneNoAn employer’s policy or employee contract governs whether earned, unused vacation is paid on separation. If they do, the value of the accrued time must be paid within 30 days of separation.An employer that does not pay final wages is liable for the unpaid wages and damages eq...
Maximum Tip Credit:$5.60 (40% of applicable minimum wage) Indiana 2024 Basic Minimum Wage Combined (per hour):$7.25 (unchanged, federal minimum wage applies) Overtime Pay Required After 40 Hours per Week For tipped employees: Minimum Wage Rate:$2.13 (direct wage for tipped employees) ...
FUTA is a payroll tax only paid by employers, not employees. The current FUTA rate is 6% with a wage limit of $7,000 for each employee per year. There’s a Tentative Credit of 5.4%, so most employers pay 0.6%. Find more info about employer taxes in our handyPayroll Resources. For ...