Offering Cash in Lieu of Benefits: Is It Legal?

Offering Cash in Lieu of Benefits: Is It Legal?

Group health insurance can be expensive. To lower costs, some employers offer cash in lieu of benefits to employees who opt-out of their group health plan. This can be an enticing option for employers on a tight budget and for employees wanting to decrease their...
IRS Updates Mileage Rates for 2020

IRS Updates Mileage Rates for 2020

Beginning on January 1, 2020, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) are: 57.5 cents per mile driven for business use, down one half of a cent from the rate for 2019. 17 cents per mile driven for medical or moving...
Know the Minimum Wage Basics

Know the Minimum Wage Basics

Almost everyone knows that the federal minimum wage, which hasn’t changed in nearly a decade, is $7.25 an hour. But that’s just the beginning of minimum wage rules. Employers also should be aware that many states and municipalities have enacted their own...
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