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Small Businesses Gain from Online Payroll Services

PCS

Some small business owners thinks that payroll functions are limited to ensuring that employees receive their paychecks on time. Payroll requires time, financial resources, accuracy, and training. This is why even these micro enterprises choose to work with online payroll services for small business. Collect different HR forms.

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2024 HSA, FSA, Retirement Plan Contribution Limits Announced

HRWatchdog

In addition to all the new 2024 employment laws , employers should be aware that the Internal Revenue Service (IRS) has released the 2024 annual inflation adjustments for certain health and retirement benefits. The post 2024 HSA, FSA, Retirement Plan Contribution Limits Announced appeared first on HRWatchdog by Katie Culliton.

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Employees Want Better Benefits, Study Shows They're Willing to Leave Current Job for Better Retirement Options

Guideline

One of the top reasons small business employees leave jobs is to get access to better benefits and retirement options, according to a new study by Zenefits. Check out retirement plans that specifically cater to smaller firms. But, there are ways small and midsize businesses can still offer the plans their employees want.

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Employee Cost: How to Calculate the Cost of an Employee?

HR Lineup

Benefits: These encompass various perks and protections offered to employees, including health insurance , retirement plans, paid time off, and other fringe benefits. While training contributes to employee growth and productivity, it also represents a significant cost for employers.

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Emergency savings: A ‘gateway drug’ to better retirement savings

HRExecutive

Found money—often, the retirement plan,” he says. “So, Plan designers relied on the after-tax account option already in the retirement plan—previously positioned as a catchup tool, particularly for older workers—which it transformed into an emergency savings fund. Emergency savings is like a gateway drug,” Maynard says. “If

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Employees are saving more for retirement. What HR is doing right

HRExecutive

And, apart from better retirement preparedness, employers continue to have a lot to gain by supporting employees’ financial wellness. Rather, employers are increasing access to savings accounts or setting up payroll deductions to make saving easier with an out-of-sight, out-of-mind approach.

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2023 FSA, HSA, Retirement Plan Contribution Limits

HRWatchdog

It’s that time again — the Internal Revenue Service (IRS) has released the 2023 annual inflation adjustments for health flexible spending arrangements (FSAs) and health savings accounts (HSAs), as well as the 2023 retirement plan contribution limits. Retirement Plan Contributions. Katie Culliton, Editor, CalChamber. Not a member?