Overall, a health insurance stipend provides employees with the financial means to secure health insurance coverage that aligns with their specific needs. It allows them to take control of their healthcare choices while receiving support from their employer in the form of a monetary contribution. How...
A stipend is a fixed amount of money that’s often in place of a salary or wage. Let’s explore how stipends work and whether they’re taxable. By Megan Werner 5 min read Financial Jargon Busting How to calculate the inflation rate Learn more about how to calculate the inflation rate...
One way to keep agency costs under control is to avoid hiring interns or apprentices as employees. Instead of paying them a salary, you can pay them a stipend or give them a few hours of work each week to avoid the cost of benefits. If your business requires large amounts of travel ...
When initially contemplating the introduction of a work-from-home stipend, businesses often fear that it might be overly costly and complex to administer. However, the nature of stipend programs is inherently flexible, allowing each business to tailor a scheme that aligns with its financial and ope...
OCS, or Officer Training School (OTS), is the principal means by which prospective officers are trained. To be eligible, candidates must have completed a four-year college degree. There are three types of OCS candidates: Graduates from a traditional four-year college Enlisted personnel transitionin...
Is the company public or private? Do you get equity or a bonus? What are the perks, benefits and stipends? How is the work-life balance and the vacation policy? What learning and development programs does the company offer? “Total comp varies significantly depending on the organization, and...
Cost can also be an important consideration for choosing childcare. Nannies and daycares commonly charge a rate based on the number of children they're caring for. In contrast, the rate of an au pair is always per family. That means you pay the same rate regardless of how many kids are...
that upheld the amateurism status quo. This ensures that athletes cannot receive benefits that are more in value than the cost to attend college. That means that they can have their college fees paid as well as stipend to cover travel and living costs and the judgement has been broadly ...
these benefits can be taxable or tax-free. Most stipends are taxable and are, therefore, the IRS considers them extra income, similar to commissions and bonuses. This means they’re counted as regular taxable wages and are subject to FUTA. You must also report the stipend money on your emp...
which means instructions are left to give money and other assets to charity in a trust or someone's will. People can donate money directly to charity, fund scholarships, or offer grants and stipends. And it isn't just money that falls under the philanthropic umbrella. People can donate thei...