by Afilliated HR & Payroll | Mar 24, 2023 | Alert
The U.S. Equal Employment Opportunity Commission has released the “Know Your Rights” poster, which updates and replaces the previous “EEO Is the Law” poster, according to EEOC guidance. The poster summarizes key laws and explains that employees or...
by Afilliated HR & Payroll | Mar 10, 2023 | Alert, Benefits & Compensation, Career Planning
Below are federal payroll tax rates and benefits contribution limits for 2023. Social Security tax In 2023, the Social Security tax rate is 6.2% for employers and employees, unchanged from 2022. The Social Security wage base is $160,200 for employers and employees,...
by Afilliated HR & Payroll | Feb 7, 2023 | Alert
According to the Social Security Administration, approximately 70 million Americans will see an 8.7% increase in their Social Security benefits and Supplemental Security Income (SSI) payments in 2023. On average, according to the SSA, Social Security benefits will...
by Afilliated HR & Payroll | Jan 24, 2023 | Alert
The IRS has issued the 2023 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. In a statement issued on Dec. 29, the IRS said that beginning on January 1, 2023, the...
by Afilliated HR & Payroll | Dec 13, 2022 | Alert
Beginning on January 1, 2023, the minimum wage for work performed on or in connection with federal contracts will increase as follows: For contracts covered by Executive Order 13658: the minimum wage will increase to $12.15 per hour and the minimum base wage for...
by Afilliated HR & Payroll | Nov 16, 2022 | Alert
It’s feast or famine with federal employment law news, and this month, we are well fed! USERRA Expanded to Protect FEMA Workers The federal Uniformed Services Employment and Reemployment Rights Act (USERRA), which applies to employers of all sizes, has been expanded...
