Blog

Pretax and After-Tax – Learn the Differences

September 5th, 2018 9:26 am

Deductions Taken Before Taxes Pretax and after-tax deductions – what’s the difference? When can you use each? Pretax deductions are subtracted from employees’ wages before taxes are taken out, thereby lowering their taxable wages and increasing their take-home pay. For a deduction to be eligible for pretax status, the employer must have an Internal Revenue Service-compliant plan […]

Is This Your Situation? Avoiding Common HR Mistakes

August 20th, 2018 9:11 am

Human resources may sound and look like a straightforward topic, but it’s not one that should be taken lightly. HR mistakes can cost you time and money, and your reputation. Here are four common mistakes to be aware of. Companies of all sizes, from global corporations to mom-and-pop shops, are all prone to these potentially […]

How to Manage a Cafeteria Plan

July 4th, 2018 12:51 pm

A cafeteria plan is a written employee benefits plan that meets the requirements of Section 125 of the Internal Revenue Code. Most commonly, cafeteria plans come in the form of premium-only plans and flexible spending arrangements. Cafeteria Plan Provisions With a premium-only plan, employees pay their premiums—such as for health, life, and disability insurance—with pretax dollars […]

What Is a Total Rewards Package?

June 5th, 2018 8:44 am

With millennials dominating the workforce and the next generation of workers gearing up to make their mark, employers are being forced to rethink their rewards and employee benefits strategy. They’ll need to consider a total rewards package. When we think “rewards,” compensation and benefits typically first come to mind—and with good reason. Research shows that […]

Nonexempt and Exempt Employees – Essential Record-Keeping 2018

May 4th, 2018 11:56 am

Your guide to record-keeping for exempt and nonexempt employees. The Fair Labor Standards Act (FLSA) regulates federal minimum wage, overtime, child labor, and record-keeping, including payroll record-keeping for nonexempt and exempt employees. Although the Act does not hold employers to any particular method of record-keeping, it does require that employers keep accurate and complete records […]