Grace Ferguson is a business writer and blogger covering payroll, employee benefits, and human resources. She has vast experience serving as a payroll and benefits administrator for large and small businesses. At age 18, Grace landed her first job: working as a secretary for a forestry company.
Your HR team may be working harder than they need to when it comes to administering benefits.
Through the SECURE Act, employers with a 401(k) plan must allow eligible long-term, part-time employees to contribute to the plan.
If information on your employee’s W-2 doesn’t match the information in the Social Security Administration’s database, you may get a no-match letter.
The WOTC is a federal tax credit employers can receive for hiring individuals with barriers to employment.
The DOL has developed tools and programs to help employers understand employment laws, and to encourage compliance.
Employers may be required to withhold child support payments from an employee’s wages.
A cafeteria plan must offer employees a choice between at least one taxable benefit (e.g, cash) and one nontaxable benefit.
As alternative payment methods increase, payroll cards have become an increasingly appealing option for many employers.