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How many times has your company or department held brainstorming sessions to generate fresh ideas? Guess what? That method is a creativity killer.
It’s summertime soon, and the Payroll living is anything but easy. Every employee wants off at the same time (not gonna happen!). Unpaid interns flood the office ... Here’s what you need to know to keep Payroll running smoothly this summer.
If you have employees who are getting hitched soon, help them start married life right by getting their HR documents in order. The problem: Brides who take their husbands’ names and couples with hyphenated names suddenly don’t match a host of records.
Q: One of our employees died. Our HR manager would like to allow employees to donate their vacation time to the family and she’s asked Payroll for some guidelines. What can we tell her?
Q: An employee has asked if she can continue to make pretax contributions into her 401(k) plan even after her compensation reaches the annual salary limit of $255,000. Our benefits department has never encountered this question before. Can she do so?
Question: We recently acquired a new company. Our payroll system kicked out an acquired employee’s W-4 form. He claims single status-99 with an additional 20% on his form. This W-4 seems contrary to wording on the W-4 itself. What do we tell him?
The bottom line for you to avoid free-rider penalties under the Affordable Care Act is not to have employees obtain health insurance on the individual exchange and qualify for premium tax credits or other cost sharing reductions.
Great corporate events, the ones where everything goes well and everyone has a good time, don’t just happen. They’re always the result of plenty of hard work and a great deal of planning.
Is the paper piling up in your office and in need of a big spring cleaning? Before managers start tossing documents in the circular file, they need to know which employee-related paperwork must be saved—and for how long.
NOTE: Saturdays, Sundays and legal holidays as observed in the District of Columbia are taken into account to determine due dates. Under the federal deposit rules, you’re allowed a deposit shortfall of the greater of $100 or 2% of your tax liability. Semiweekly and monthly deposits are for the deposits of FICA and withheld income taxes due on wages paid during the time periods indicated.