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Compensation & Benefits

Help employees build rainy-day funds by offering Pension-Linked Emergency Savings Accounts

04/15/2024
The precarious financial situation in which many workers find themselves is often reflected in high levels of stress, poor sleep and general worry—all factors that can negatively affect productivity and job performance at work. Fortunately, there’s a potential solution that employers can make part of their benefits package.

It’s America Saves Week!

04/11/2024
Let’s explore some of the financial wellness benefits employees say they want now. HR and Payroll should work together to offer the right mix of benefits to recruit and retain talented employees, with the correct tax outcome.

New college grads can expect higher pay than last year

04/08/2024
With an overall projected average salary of $76,736, engineering graduates are expected to be the class of 2024’s top-paid majors. That is a 3.1% increase over last year’s projections.

Explore benefits to help employees find, afford child day care

04/08/2024
Quality child day care can be crushingly expensive. For many workers, employer assistance is a lifeline that lets them remain in the workforce instead of staying on the sidelines until their kids are old enough to go to school.

May 2024: Employer’s business tax calendar

03/31/2024
Here’s your monthly guide to critical payroll due dates.

Bill introduced to make 32-hour workweek the norm

03/25/2024
The Thirty-Two Hour Workweek Act would amend the Fair Labor Standards Act to cut the standard workweek from 40 hours per week to 32.

Get a head start on preparing to handle summer-hire paperwork

03/25/2024
Seasonal staff may only be part of your organization for a couple of months, but they generate almost all the same paperwork regular employees do. Don’t wait until the last minute to prepare for the annual onslaught of summer hires and interns. Start collaborating now with your colleagues in payroll to set up processes for these following tasks.

7 tips for holding on to older workers nearing retirement age

03/20/2024
In today’s tight labor market, retention is more important than ever. If you have employees nearing retirement age, consider making an extra effort to hold onto them. You might find them more than willing to stay on the payroll.

Consider adding fertility, adoption benefits

03/20/2024
If you employ lots of young people, many of your staff members may be struggling with infertility or, instead of conceiving, thinking about adopting a child. Employers may be in a position to help by expanding their benefits portfolios—and reaping a retention reward along the way.

In the Payroll Mailbag: April ’24

03/20/2024
How do you withhold on commissions? … Can an employee be exempt from Medicare taxes?