by Afilliated HR & Payroll | Mar 18, 2024 | Benefits & Compensation, Career Planning
A compensation plan is designed to attract and retain employees. Build your compensation plan to ensure pay equity while balancing the needs of your small business and delivering value to customers. Pay competitively relative to companies similar to yours in size and...
by Afilliated HR & Payroll | Feb 21, 2024 | Career Planning, Industrial Relations, Recruiting and Developing Talent, Regulatory Compliance
The Department of Labor’s final rule for employee or independent contractor classification under the Fair Labor Standards Act rescinds the 2021 Independent Contractor Rule, replacing it with guidance on analysis that’s more consistent with the FLSA as...
by Afilliated HR & Payroll | Jan 30, 2024 | Career Planning, Regulatory Compliance
Workers who are considered employees do not have to pay their own taxes during the year. Instead, employers withhold income tax from their employees’ paychecks and pay it to the IRS on behalf of the employee. Now, if not enough tax is withheld from each employee’s...
by Afilliated HR & Payroll | Jan 16, 2024 | Career Planning, Learning & Development
No need to worry right away, because as technology dictates workplace functions on new terms, we will still rely on the unique soft skills only humans can provide. Workers will continue to play an indispensable role in creating and cementing links among their teams,...
by Afilliated HR & Payroll | Aug 3, 2023 | Career Planning, Learning & Development, Performance Management
How do we know when an employee is ready for a leadership role? It’s good you’re thinking about this. Promotions into leadership too often come with little discussion about how the leadership role will be different from the current role or whether the employee has the...
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,...