by Afilliated HR & Payroll | Apr 3, 2024 | Benefits & Compensation, HR Administration, Regulatory Compliance
Pay stubs can be referred to as pay or wage statements and may be considered the decoder ring of payroll. Pay statements summarize employees’ gross pay, taxes and deductions, and net pay. They can be in printed format or made available electronically. Pay stubs help...
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 26, 2024 | Alert, Regulatory Compliance
As of February 6, 2024, Texas will prohibit employers of all sizes from adopting or enforcing a policy that requires applicants or employees to receive a COVID-19 vaccination. Additionally, employers can’t take any adverse action against an employee or applicant for...
by Afilliated HR & Payroll | Jan 9, 2024 | Benefits & Compensation, HR Administration, Recruiting and Developing Talent, Regulatory Compliance
Are we required to update our I-9s when the documentation used for them expires? You would only update a Form I-9 if the expired document pertains to a limited period of employment authorization. You should never reverify U.S. citizens and, in most cases, lawful...
by Afilliated HR & Payroll | Jan 3, 2024 | Alert, Benefits & Compensation, Regulatory Compliance
Below are federal payroll tax rates and benefits contribution limits for 2024. Social Security tax In 2024, the Social Security tax rate is 6.2% for employers and employees, unchanged from 2023. The Social Security wage base is $168,600 for employers and employees,...