Adoptive families have the same parental needs as other employees. Here, we explain at least 5 ways adoption assistance helps employers retain talent and raise profits.
Businesses and their employees are feeling the effects of inflation. Is yours one of the many organizations considering travel stipends to attract and retain top talent to combat this?
COBRA is a health insurance program that allows employees to continue to receive benefits under their employer's group health plans after losing coverage.
If unaddressed, stress can adversely impact working parents’ health and productivity — and the company’s bottom line. Here are the top 5 childcare benefits to offer your workers.
Retention has always been important to business, but these days, it’s mission-critical. A recent survey revealed the exact factors that are keeping workers on board.
As an employee, you can only change elections to your personal FSA during the renewal period or after experiencing a qualifying life event, such as a change in marital status or the birth of a child.
After initial enrollment, employees and employers can make changes to their FSA contributions in only three cases: before the plan year begins, before a new hire's effective date, and in the case of a qualifying life event.
The State of Massachusetts subtracts withholdings for FICA (Social Security and Medicare) taxes from employees' gross taxable wages before calculating their MA personal income withholdings.
Colorado requires employers to register for an Electronic Funds Transfer Credit ID in order to electronically deposit payroll taxes.
Employees' taxable income is reduced by their FSA contributions, so employers pay less in Medicare and Social Security taxes (together, FICA taxes). Higher enrollment rates mean more savings for the employer.
For plan years starting in 2020, the affordability percentage is 9.78%
The CARES and CAA Acts defined new qualifying events that allow employees to amend their benefits selection and carry over unused 2020 funds into 2021 and 2022.
We've listed the top paid holidays private sector employees give their employees, plus how common it is to offer additional days off
Health insurance can be costly and complex. Here’s what you need to know about health insurance as a small business owner
Open enrollment begins on November 1, 2020 in most states. Have you started preparing?