Practical HR Tips, News & Advice. Updated Daily.
The hiring outlook for 2017 is the best the U.S. has seen in a decade with two in five employers (40%) planning to hire full-time, permanent employees over the next 12 months, according to CareerBuilder’s annual job forecast. Three in 10 expect to hire part-time, permanent staff while half of all employers anticipate adding temporary […]
When you think of something as being underrated, what’s the first thing that comes to mind? Most will think of movies, some will think of food, but has a job or career ever crossed your mind as being underrated, or even overrated? CareerCast has recently released its list of the most underrated jobs in 2016. […]
Corporate pension buyout sales in the United States leaped to nearly $6 billion in the third quarter of 2016, rising to the highest level for the that quarter since 1990, according to the LIMRA Secure Retirement Institute. Sales of pension liabilities by employer plans were greater than $1 billion for each of the last six […]
by Donna Koppensteiner, SVP at Runzheimer Now that the 2017 IRS business mileage rate is out, it’s time for companies to strategically evaluate their business vehicle reimbursement policies to ensure they are appropriately reimbursing business drivers while keeping expenses to a minimum.
by Charles H. Kaplan, Sills Cummis & Gross P.C. Employers in New York must increase the salaries of exempt executive and administrative employees by December 31 to meet the requirements of recently adopted regulations. Employers also must decide whether to increase exempt employees’ salaries each year to match annual increases required by the new regulations.
In yesterday’s HRSBT, we counted down the top 20 HRSBT stories of 2016. Here are the remaining 10!
by Jane Meacham The Internal Revenue Service (IRS), in its first “Required Amendments (RA) List” on December 13, 2016, informed individually designed employer-sponsored retirement plans about required amendments for 2016 that may be needed to reflect changes and ensure the plans keep their qualified status. In the release, IRS Notice 2016-80, the agency also said […]
As 2016 comes to an end, let’s recap the year’s best HRSBT stories! In true countdown fashion, we’ll start with #20!
The Internal Revenue Service (IRS) has issued the 2017 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical, or moving purposes.
Employers and insurers were given an extra month to comply with the upcoming Affordable Care Act (ACA) requirements to furnish 1095-B and –C reports to individuals. The deadline is being moved back from January 31 to March 2, 2017, the Internal Revenue Service (IRS) announced in Notice 2016-70. In addition, the good-faith transition relief that […]