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HR technology trends for 2017: Curing government compliance concerns

Insperity

Automation simplifies this process and allows managers to run reports to support planning and manage costs. For example, a report could provide information on whether it’s more affordable for your business to pay for higher benefits required by law, or pay the penalties for offering a lower level of benefits.

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How to set up a payroll process: 10 steps

Insperity

Not only do you have to figure out the proper way to pay your people, you have to withhold the appropriate taxes, deposit them and report them to the government. Also, there are some states and local governments that require separate ID numbers in order to process taxes. Verify employee classification. Independent contractor.

Payroll 264
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Senate banking chair asks Biden to replace FDIC chairman after ‘toxic culture’ report

Work Life

The most powerful Democrat in Congress on banking and financial issues called for President Joe Biden to replace the chairman of the Federal Deposit Insurance Corp. Sherrod Brown, D-Ohio, and chairman of the Senate Banking Committee. FDIC) on Monday, saying the agency is broken and there must be “fundamental changes at the FDIC.”

Banking 98
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What are fringe benefits? What employers need to know

Insperity

Though you don’t withhold taxes for these parties, you may need to report the benefit to the government using one of the following forms: IRS Form 1099-NEC for independent contractors IRS Schedule K-1 (Form 1065), Partner’s Share of Income, Deductions, Credits, etc. Independent contractors you hire for a specific job can be recipients.

Banking 287
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Corporate philanthropy: How to start an employee matching gift program

Insperity

They could put your business at risk if they don’t follow certain government guidelines. In general, they can also provide program design, reporting, customer support and other related services. A third party vendor can help you set up your matching gift program so that it complies with applicable laws and regulations.

Supplies 246
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Chance to retrofit offices is going begging, report claims

Workplace Insight

UKGBC’s report shows that deep retrofit is generally required to achieve deep cuts in operational energy use (60-65%), transition building systems away from fossil fuels, and meet best practice 2030-2035 energy performance targets for offices.

Reporting 111
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Workplace violence prevention: 8 tips to improve office safety

Insperity

Nearly 2 million American workers report having been victims of workplace violence each year, according to the U.S. Are you located next door to a bank that could be robbed? Is there a government office on the floor above you? And, if you’re regularly transporting cash, such as bank deposits, don’t follow a set schedule.

Security 188