Q: It’s likely that later this year, one employee will receive a bonus that will boost his supplemental pay to more than $1 million. In anticipation of that, his accountant has informed us that we don’t need to withhold federal income taxes at the 39.6% rate; the employee will pay the tax on his 2015 Form 1040, instead. Is that right—it sounds fishy to us?
Sometimes, HR pros can be sued personally, putting their own assets at risk. It’s a serious problem that demands fast action.
There’s no point in using arbitration agreements if they’re not enforceable. Make sure yours will hold up in court by following these rules.
Almost a third of U.S. employers—32%—report that they are having a hard time filling job vacancies because they can’t find skilled candidates.
Only a quarter of employees polled said their managers have brought up national, state or local politics at work. However, 14% said they felt the motive was to coerce them into agreeing with the boss.
Outside consultants who specialize in the tricky business of terminations can help small employers when it’s time to let go of an individual employee or implement a larger layoff. But before you act on outside advice, do make sure you provide all the relevant information to the consultant.