Employee Benefits Program
A strong employee benefits program – including low-cost employee incentives, employee recognition programs, and employee appreciation programs – can help you improve morale and retention.
We provide employee appreciation day ideas, help you with employee retention strategies and employee benefits management
HR spending often wildly varies from the senior management's priorities, says a new Watson Wyatt survey. Examples: While managers ranked staff selection second in terms of their priorities, it ranked 36th ...
Issue: A key new ruling says your organization can offer benefit packages designed specifically for older employees. Benefit: More flexibility to set employee perks; eliminates the fear of "reverse" age ...
Last year, the federal Health Insurance Portability and Accountability Act (HIPAA) required organizations that sponsored large health care plans (more than $5 million in premiums or claims) to start complying with ...
Issue: Many organizations don't reap the full financial benefits from their employee-assistance programs (EAPs) because employees underuse them. Benefits: When fully used ...
by The HR Specialist: Employment Law on March 1, 2004 12:00am
in Discrimination and Harassment,Employee Benefits Program,Employment Background Check,Hiring,Human Resources,Leaders & Managers,Management Training,Performance Reviews,Workplace Communication,Workplace Conflict
Thorough background checks can help you defeat any negligent hiring claim.
But what if applicants' background checks come up clean, yet they begin displaying troublesome behavior at your workplace. In ...
Issue: Spurred by corporate retirement-fund scandals, the federal government is stepping up its monitoring of benefit plans under the Employee Retirement Income Security Act of 1974 (ERISA). Risk: In 2003, ...
1. Self-employed? Deduct full health premium
Finally, self-employed people can write off 100 percent of their health insurance premiums (up from 70 percent in 2002).
Note:
You can reap significant additional tax savings by making your spouse an employee of your sole proprietorship or single-member LLC and setting up a medical expense reimbursement plan. That strategy could let you deduct all your family's health costs (including uninsured expenses) on Schedule C, plus it could lower your self-employment tax bill.
With the economic upsurge generating more hiring, it may become a "buyer's market" again. So you'll need to show your best cards to win the star applicants.
You've probably heard that hiring your children is a great tax-saving move. Their income is taxed in their low tax bracket, and as long as you handle things correctly, your company can deduct the compensation.
Issue: The federal Health Insurance Portability and Accountability Act (HIPAA) places new privacy requirements on employers. Risk: Smaller businesses must start complying in April. Fines range from $100 per violation ...
