In this economy, Payroll just might be the place to be. New research from Robert Half International forecasts an average salary increase of 3.4 percent in 2009 for finance and accounting staff, despite the bumpy economy. Those receiving the biggest increases have found ways to reduce inefficiencies and enhance profitability – a difficult task for those working…
The latest trend in benefits law: mandatory leave for victims of domestic and sexual abuse.
On January 29, President Obama signed into law the Lilly Ledbetter Fair Pay Act, opening a new door for employees who file discrimination complaints over pay decisions. Question: Should HR do a self-audit to make sure the company has no weak spots in its pay system?
Tell your Payroll people to circle Feb. 16 as an important to-do date.
At the end of the first quarter, HR and Payroll may have a lot more to do than just remove terminated employees from the records. You may also have to use a new Form 941 to report some COBRA premium contributions made on behalf of former workers.
Alert to your Payroll department: Remember IRS’ promised “safe harbor” tax deposit rule? Well, the promise doesn’t hold for shortfall amounts to more than $100,000.
Two Democratic cornerstone pieces of legislation passed the U.S. House last week: The Lilly Ledbetter Act and the Paycheck Fairness Act. And Ledbetter cleared a major hurdle in the Senate, too.
Between the new administration and the soaring jobless rate, this figures to be a big year for proposals dramatically changing the unemployment-insurance system.
If the Obama Administration gets its way, Accounting’s job will soon expand beyond just removing names of laid-off employees from the payroll system.