There are no laws specifically requiring a company to provide vacation time to interns. If an employer offers paid time off under a handbook, written, or unwritten policy, the employer should specifically explain how interns will be treated in that policy. Remember that local and state laws on sick leave may also apply to interns.
A Flexible Spending Account (FSA) is an optional benefit for employees who have medical expenses or dependent care costs that are not covered by their insurance policies. Employees fund their FSAs through pre-tax payroll deductions, and as the employees incur eligible expenses, they get reimbursed from their accounts. To manage the rising costs of providing […]
The distinction between independent contractors and employees depends on many factors and can vary state to state. In general, an independent contractor has control over work location and work hours, can make independent choices about the way the work is performed, can hire someone to perform some or all of the work, does not receive […]
The cost of sponsoring a commuter benefits plan depends on the costs of the benefits provider, plus whatever contributions the employer elects to make. This cost is reduced by the payroll tax savings an employer realizes when employees defer pre-tax income to commuter benefits accounts.
Any policy volume over $50,000 in value is taxable to the employee as income. An employee should consult his or her accountant or tax adviser for more details.
Once an employee’s employment is terminated, the health insurance broker will often administer COBRA enrollment on the employer’s behalf. The employee must be provided with notification of eligibility for COBRA, along with information about the cost of premiums and how to enroll.
The best way for an employer to hire an employee is to have accurate industry standard salary information and ensure that the company is offering a salary that is consistent with the market practice in the industry and level of the role. If the employee is well-qualified for the role, the company can rest at […]
When a company hires an individual as an independent contractor, the independent contractor will fill out a W-9 form using his or her Social Security Number (or SSN). When an employer hires a vendor, the vendor will use their Employer Identification Number (or EIN).
Two ways for enhancing employees’ ability to work in a productive way is to ensure that they are in roles that are a good fit for their background and skillset and that they are aligned with the company’s mission and goals. If an employer finds that an employee has a tendency to “spin their wheels” […]
Every team and role will have a different set of needs for their training process. Often, a combination of classroom-style training, reading, and hands-on work can be the best way for employees to learn, so providing managers with some guidance about the different types of learning can be really helpful to the process. Then, those […]
Standing desks are a hot trend, and their possible health benefits have been widely discussed lately. However, they can be expensive. Whether or not to give employees a standing desk will be a budget decision; if a company is planning on providing standing desks for all employees, this could be a major financial investment for […]
Investing in the development of managers can be one of the best ways to build a healthy company. A great way to start is to research manager training programs. While we are unable to recommend one particular program, there are many different programs with diverse philosophies on how best to develop leadership. There are also […]