The boom in elder care — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily
In a survey of 1,509 people by MetLife Mature Market Group, more than one-eighth of workers said they balance elder care responsibilities and full-time or part-time employment. Projected onto the entire American population, that would mean 14.4 million Americans face this difficult and emotionally draining challenge. Among those workers who serve as primary caretakers for a parent or grandparent, about 10 percent said they had to quit their jobs and 11 percent had to take a leave of absence. About 59 percent miss at least some part of the workday due to elder care duties. Given the growing demands that these workers face, some employers now provide elder care programs.
The IRS is in the middle of intensive line-by-line payroll audits to ensure that your withholding procedures are 100% correct. And it's not just the IRS. The U.S. Department of Labor has been on the prowl lately for employers that slip up on the confusing retirement contribution rules....Click here to find out more.