Practical HR Tips, News & Advice. Updated Daily.
The Internal Revenue Service has postponed indefinitely a plan to begin collecting Social Security taxes on two types of stock options. Industry groups had complained that the proposed 15.3% tax would be detrimental to incentive stock options and employee stock purchase plans. The payroll taxes, which fund Social Security and Medicare, would be divided between […]
The U.S. Department of Labor has announced it will soon release new regulations under the Fair Labor Standards Act to increase the salary level required for exemption from overtime, which was last updated in 1975. The new regulations will also clarify and simplify the existing complex rules regarding the types of job duties exempt workers […]
The cooler weather that has arrived in many parts of the state has also ushered in cold and flu season—which could mean the beginning of high rates of absenteeism in the workplace. Here are some measures you and your employees can take to help keep everyone healthy and productive:
President Clinton’s 1999 budget plan contains new proposals to encourage small businesses to establish pension plans for their employees. Under the plan, employers would receive limited tax credits for up to 50% of certain administrative and retirement education expenses associated with new pension, 401(k), or payroll deduction IRA plans.
Gov. Davis has signed new legislation that boosts the penalties for various California Labor Code violations, effective Jan. 1, 2004. Here are the increases that are on the way:
By a vote of 5 to 1, the California Senate Committee on Labor and Industrial Relations has approved a new bill, SBX4 1, to repeal the recent workers’ compensation reform measures (AB 227 and SB 228) set to take effect Jan. 1, 2004. The repeal measure will now go before the Senate Appropriations Committee.
The State Assembly recently passed a bill (AB196) that would prohibit employment discrimination based on perceived gender, which includes trans-gender individuals and those who do not fit gender stereotypes. In Washington, the House passed a bill (HR 100) that would permit employers to offer retirement investment advice to employees and require that employers provide plan […]
Gender identity disorder is a medically recognized condition in which a person’s gender identity doesn’t match his genetic sex. In some cases, the recommended standard of care is counseling and sex reassignment therapy, which includes representing yourself as the gender corresponding to your identity, hormone replacement therapy, and, eventually, gender reassignment surgery. Although federal law […]