Human Resources

When and How To Give Severance Packages

When and How To Give Severance Packages

5{icon} {views} 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...
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...