Search results for "Payroll"
215 Results Found
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The Transformative Power of a Quality Onboarding System
https://www.dmpayroll.com/blog_articles/the-transformative-power-of-a-quality-onboarding-system/
In today’s business landscape, the importance of a well-structured onboarding system cannot be overstated. It’s not merely a routine human resources process, but a pivotal moment that can shape an employee’s entire tenure within a company. In most instances, the onboarding process is the first impression of the company, whether good or bad. Having a […] Read More
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2022 EEO-1 Data Collection Now Open
https://www.dmpayroll.com/blog_articles/eeoc-moves-2022-eeo-1-data-collection-to-october/
At the end of October, the Equal Employment Opportunity Commission (EEOC) opened the 2022 Employer Information Report (EEO-1) Component 1 data collection application. It was originally scheduled to open in mid-July, however, the EEOC delayed the deadline as it worked to complete a mandatory renewal of the data collection by the Office of Management and Budget. The new deadline […] Read More
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U.S. DOL Proposes Increase to Minimum Salary for Exempt Employees
https://www.dmpayroll.com/blog_articles/u-s-dol-proposes-increase-to-minimum-salary-for-exempt-employees/
In a move that could impact millions of Americans, the United States Department of Labor (DOL) has proposed a significant increase to the minimum salary threshold for exempt employees under the Fair Labor Standards Act (FLSA). The long-anticipated proposal has the potential to bring about significant changes in the way employees classify their employees and […] Read More
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Transition Period Announced for SECURE 2.0 Act Roth Requirement
https://www.dmpayroll.com/blog_articles/transition-period-announced-for-secure-2-0-act-roth-requirement/
At the end of August 2023, the IRS announced an administrative transition period for catch-up contributions, extending the deadline to 2026. This will allow higher earners, age 50 and up, to receive two more years to use pre-tax dollars for their retirement savings in 401(k) and similar plans. Employers had been warning officials, after the […] Read More
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District Court Upholds DOL’s Dual Jobs Final Rule on Tip Credit
https://www.dmpayroll.com/blog_articles/district-court-upholds-dols-dual-jobs-final-rule-on-tip-credit/
In July 2023, a U.S. district court ruled the U.S. Department of Labor’s (DOL) dual jobs final rule under the Fair Labor Standards Act (FLSA) as valid. Several restaurant industry groups filed a lawsuit to halt the rule, but a Texas federal court issued an order rejecting the challenge. Although the industry groups plan to […] Read More
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New Form I-9 and Alternative Verification Procedure Announced by USCIS
https://www.dmpayroll.com/blog_articles/new-form-i-9-and-alternative-verification-procedure-announced-by-uscis/
The U.S. Citizenship and Immigration Services (USCIS) announced an updated version of Form I-9 to verify the identity and employment authorization of employees. This updated form is available for use on the USCIS website starting Aug. 1, 2023, and must be used by all employers starting Nov. 1, 2023. There will also be an alternative procedure to the in-person […] Read More
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Championing the Advantages of an HSA to Employees
https://www.dmpayroll.com/blog_articles/championing-the-advantages-of-an-hsa-to-employees/
There are many advantages to both your business and employees by offering a Health Savings Account (HSA) solution as part of your overall benefits package. With inflation leading the headlines over the last few months, most business owners are keeping a close eye on costs. Although it can be difficult to control the costs of […] Read More
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Addressing Pay Equity at Your Company
https://www.dmpayroll.com/blog_articles/addressing-pay-equity-at-your-company/
Increased social awareness and workplace transparency have made pay equity more than just a standard compliance issue for many companies today. Business leaders are under increased pressure to fully understand and thoroughly respond to the issue of pay equity. Neither of those two broad challenges is a straightforward task. To start, fully understanding what pay […] Read More
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Date to Physically Check Form I-9 Documents Extended to August 30
https://www.dmpayroll.com/blog_articles/date-to-physically-check-form-i-9-documents-extended-to-august-30/
The U.S. Department of Homeland Security (DHS) and U.S. Immigration and Customs Enforcement (ICE) announced employers will have until Aug. 30, 2023, to come into compliance with Form I-9 requirements. This comes after the end of the flexibilities provided during the COVID-19 pandemic, which officially end on July 31, 2023. History In March 2020, ICE […] Read More
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IRS Releases 2024 Contribution Limits for Health Savings Accounts
https://www.dmpayroll.com/blog_articles/irs-releases-2024-contribution-limits-for-health-savings-accounts/
The Internal Revenue Service (IRS) announced the largest increase in recent years to the amount individuals can set aside in a health-savings account (HSA) each year. The new limits are a significant jump, but they are not particularly surprising in the context of months and months of rising inflation, which has contributed to growing costs […] Read More