Remove 2016 Remove Accounts Remove Benefits Remove Compliance
article thumbnail

HR Fast Facts: What is a FUTA credit reduction state?

Zenefits

If a state borrows money from the federal government to cover its state unemployment benefits liabilities and does not pay them back within the set timeframe, it is considered to be a credit reduction state. For specific information on how this was handled for California in 2016, please see the following EDD page. No account yet?

article thumbnail

New DOL Proposed Overtime Rule Expected In October 2022

Zenefits

That (2016) rule raised the minimum salary level from $455 per week to $913 per week. “There’s certainly pressure to bring the amount to as high as the $47,476 annualized amount that was enjoined by a court in 2016, but many advocates are seeking even higher levels, from $62,000 to over $80,000 per year.”

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

15 Best HCM Software in 2024 (Based on Four Research Parameters)

Vantage Circle

Compensation and Benefits: Compensation Planning : Helps design and manage salary structures, bonuses, and other forms of compensation. Benefits Administration : Manages employee benefits, such as health insurance, retirement plans, and other perks.

article thumbnail

Cost of Living vs. Cost of Labor — Is There a Difference?

Zenefits

Since that time, the various annual COLAs have ranged from a low of 0.00% in 2010, 2011, and 2016 (0.03% in 2017) to a high of 14.3% Benefits (health, paid vacation, paid sick leave, paid holidays, etc.). Simplify benefits administration. Simplify benefits administration. No account yet? labor costs. Payroll taxes.

article thumbnail

What The Motherhood Penalty Is, And How To Combat It

Zenefits

They set out to show it by offering paid leave, extended maternal and parental benefits, and work-from-home (WFH) opportunities. Simplify benefits administration. Simplify benefits administration. No account yet? Employers claim they’re committed to workers and their families. Opportunities for advancement.

article thumbnail

What Will the US Supreme Court’s Ruling on Affirmative Action Mean for Employers?

Zenefits

Simplify benefits administration. Simplify benefits administration. University of Texas (2016). No account yet? What’s your biggest 2022 HR challenge that you’d like to resolve. Answer to see the results. Automate payroll. Improve our virtual onboarding experience. Streamline HR processes. Any of the above.

article thumbnail

HR Headaches: My Employees Are Talking About Unionizing — Should I Encourage This?

Zenefits

Inadequate pay and benefits. According to the report, employees typically equate union membership with better wages and benefits, but in reality, unionization can but doesn’t always guarantee workers higher compensation. In 2016, the NLRB overturned a 2000 ruling that restricted unionization for temporary workers. Remember Me.