Jan 30, 2020 | Uncategorized
You might decide to move an employee from hourly to salary because he or she has been promoted or given more responsibilities. Or maybe you want to simplify payroll-cost estimation, as salaried employees are usually paid a fixed amount. But before you do the...
Jan 30, 2020 | Human Resources
Severance pay is a sum of money an employer gives to an employee who’s been “severed” from employment with the company. Normally, severance is based on length of service. When is severance legally required?The Fair Labor Standards Act (FLSA) does not require...
Jan 20, 2020 | Human Resources
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...
Jan 20, 2020 | Human Resources
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...
