Tag: employer

payroll

Payroll Tax Deferrals—What Should Employers Do?

Earlier this summer, President Donald Trump issued an Executive Order directing Secretary of the Treasury Steven Mnuchin to defer the withholding, deposit, and payment of certain payroll taxes beginning September 1 through the end of 2020. The order left several important questions open and directed the Treasury to issue guidance to implement the order.

benefits

New Bills Would Expand Benefits for Massachusetts Employees

The Massachusetts Legislature is considering two bills containing expansive new protections for parents who are unable to return to work during the COVID-19 pandemic because of a lack of childcare as well as paid sick time for employees who aren’t eligible for the same benefit under a federal law Congress passed in March.

retirement

Pandemic Spurs Midyear Changes to Retirement Plans

Many employers searching for cost savings in the midst of the COVID-19 pandemic naturally have begun scrutinizing their contributions to benefits, such as retirement plans. The rules for making changes to retirement plan terms—and permit reductions in employer contributions—are complex, but new guidance temporarily permits you to reduce or suspend safe harbor contributions midyear.

pipeline

Creating a Recruiting Pipeline Post-Coronavirus

While we’re clearly not post-coronavirus yet, employers are currently trying to figure out how to create a recruiting pipeline during these times of uncertainty. For any employer currently hiring, there have been a lot of ups and downs recently, and recruiting—despite high levels of unemployment, which typically bring more interest in any job post—has been […]