Compensation & Benefits

When you get into the echelons of the executive position, there is much more to the terms of employment than job hours, salary, job description, and basic benefits. Other items come into play,...

The OSHA recordable rate is, in its simplest terms, the injury and illness rates that are used to evaluate a company's safety measures. An incidence rate is the number of recordable injuries and...

A pension or retirement plan is the key to a bright future and carefree lifestyle upon permanently exiting the work force. Monitoring their growth, ensuring they are properly funded and are...

Knowing the percentage of your payroll expense that goes to pay benefits helps any manager understand the impact of the company's benefits package on the payroll bottom line. These figures are an...

EAP stands for Employee Assistance Program. It's a program offered by employers free of cost to their employees. It includes various counseling sessions to assist employees with problems in their...

When I lost my job, it took me awhile to figure out how to calculate my unemployment benefits. You will need to calculate it 1) to double-check the work of the Department of Labor, and 2) to know...

To calculate federal income tax using a percentage, you need the current withholding tables found in IRS Publication 15-T. The IRS updates these tables any time there is a change in tax rates, be...

Calculating overtime is an essential task when determining compensation for employees. Overtime must be paid by law to certain employees who work more than forty hours per week in the United...

A critic's salary depends on what type of criticism (also known as a "review") that critic writes, since critics review many different commodities. For the most part, arts and entertainment...

Job evaluation is a systematic method by which compensation professionals compare jobs to determine pay rates that are internally equitable and externally competitive. The point method is a widely...

Paid vacation is offered by employers for a variety of reasons. Although The Fair Labor Standards Act does not require payment for vacations or holidays, almost all organizations offer vacation...

In the United States, EBT (Electronic Benefit Transfer) is a computerized system that enables its users to apply their government-assistance benefits at local retailers who accept the EBT card....

For employees in California, in addition to calculating federal withholding taxes you must withhold California personal income tax (PIT) and state disability insurance (SDI). Calculate PIT using...

For millions of families, health insurance is a major area of concern. This can be seen by looking no further than the fact that there are currently 47.5 million uninsured Americans. To ensure...

There are two methods for computing federal withholding taxes (FWT) on employee wages: the wage bracket method and the percentage method. To compute FWT, you need to use the current withholding...

With the recent bear market declines, many employees that have had part of their compensation tied to company stock options have seen them go way out-of-the-money, which is often referred to as...

In the golden state of California, employees always get paid. Generous salary laws entitle employees to earn considerable rewards for the labor they give to the business.

Employees working in the United States are subject to withholding for federal income tax (FIT), federal social security and Medicare taxes and state income taxes (SIT). Employers must match the...

Asking for a raise is often a challenging thing, and to actually get one can be even harder. What one must remember is that a pay raise is as difficult for many managers and bosses to give out as...

The employer's obligation to pay accrued vacation pay to an employee who quits without notice depends on the employment agreement and employer's state. Typically, the employer has to pay the...

Salary range software assists companies and organizations by providing the analysis and data to develop salary ranges for each position. This allows them to stay competitive while maintaining...

When you receive multiple child support orders for an employee and the employee does not have enough allowable disposable income to satisfy all the orders you must pay some of each order. Most...

Child support withholding takes priority over all other types of garnishments and also above employee voluntary deductions. The Federal Consumer Credit Protection Act (CCPA) sets limits on the...

The priority for withholding garnishments is: 1. Child Support 2. Federal tax levy 3. State tax levy 4. Local tax levy 5. Creditor garnishments 6. Employer deductions 7. Employee voluntary...

As your small business grows, so will your staffing needs. A formal compensation plan is needed to support this avenue of growth. A job evaluation is a prerequisite to developing such a plan. This...

Federal and state governments have far-reaching power over private industry, primarily through the employee benefits that businesses must provide. Start-up businesses must become familiar with...

Calculating total payroll is never as simple as most people think it is--"X" amount times "Y" hours gives you "Z" pay. Taxes must be considered, both for the employer and the employee, benefits,...

The Educational Retirement Act (ERA) was passed in 1957 with the help of the New Mexico Educators Association after years of failed attempts at related legislation.

The Healthy Families Act was re-introduced to the 111th Congress in May 2009 and was being reviewed by committee as of October 2009. The bill had been submitted in the past to previous sessions of...

Health insurance employee incentives might be one of the few true "win-win" situations in the business world. These programs help employees improve their health and reduce their medical expenses,...

Employee stock ownership plans ensure a secure retirement for an employee. Plan arrangements and investment transactions designed to create wealth for company growth at the expense of the employee...

A payroll check is compensation to an employee or contracted worker drawn against a company's bank account. Cashing a payroll check requires the check holder to present the check at his bank, or...

The Family and Medical Leave Act (FMLA) pertains to the national directive of being allowed time off for family medical emergencies without losing your pay. The FMLA protects employees jobs, for...

Performance appraisals, a very important function of the human resources department for any organization, are conducted to gauge the net worth of all its employees. Appraisal methods benefit the...

Communication is vital in all aspects of FMLA, from determining eligibility to "serious medical condition" certification

FMLA compliance begins with understanding the law and understanding the different types of leave

Most employees fall into two distinct categories, exempt and non-exempt. Non-exempt employees are employees who are paid on an hourly basis. The employer is required by law to pay non-exempt...

As an employer, you want to keep your employees happy so that they will be motivated to perform at their best. You can motivate your employees to reach their maximum work potential by rewarding...

The United States Department of Labor enforces the Fair Labor Standards Act to legislate guidelines for nonexempt workers pertaining to minimum wage, overtime pay, youth employment and record...

Applying for disability benefits can be extremely confusing. If you have been injured on the job, New York requires you to go through Worker's Compensation for benefits. If you have been disabled...

Although there are many perks to working for yourself or owning your own small business, one of the things you may miss about working for someone else is the access to health and life insurance. ...

Profit-sharing plans may seem like a relatively new concept, and they are in terms of American business history. However, it is believed that profit sharing was most likely developed in France as...

Job evaluation determines the worth of the jobs in a company relative to one another. Evaluation analyzes the value of jobs and is the source of targeted job descriptions. Job evaluation assesses...

Employee wellness programs are an excellent way to help defray the rising cost of health care. In addition to cost-savings, employers who provide wellness programs report improvements to worker...

FMLA leave helps employees in their toughest times. However, when the leave runs out, it can be difficult. Here are a few ways you can help your employees when their FMLA leave time runs out.

You can send money from the United States to almost anywhere in the world, including Norway. However if you are looking to send the money without any expense or fee, you will be extremely limited...

You must include on an employee’s Form W-2 the value of personal use of a company car. One method for calculating the personal use is the commuting rule. In order to be eligible to use the...

As you start a career in the medical or dental field, you will find that the majority of your patients have health insurance that pays for medical and dental treatments. Those individuals will...

You must include on an employee’s Form W-2 the value of personal use of a company car. One method for calculating the personal use is the annual lease value method. Once you begin using the...

You must include on an employee’s Form W-2 the value of personal use of a company car. One method for calculating the personal use is the Cents-per-mile method. To qualify for this method in...