Remove Healthcare Benefits Remove Payroll Remove Retirement
article thumbnail

Paycheck Protection Program: How to Ensure Your Business is Eligible for Loan Forgiveness

Netchex HR Blog

Part of the CARES Act passed in March (and then replenished a month later ), the Paycheck Protection Program (PPP) is a loan program for small businesses designed to provide a direct incentive for keeping their workers on the payroll. How are “payroll costs” defined under the PPP? Does not include 1099 payments.

article thumbnail

6 common PEO myths debunked

Insperity

payment of wages and payroll processing). developing an employee handbook or healthcare benefits administration). With a PEO, your staff gains access to employee benefits that rival that of a Fortune 500 company — including health insurance plans, retirement and other benefit plans.

Insiders

Sign Up for our Newsletter

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

article thumbnail

SHRM 2024 Employee Benefits Survey Overview: A Look at What’s on the Horizon

Extensis

Health-related benefits remain on top When employees think of benefits, focusing on their health remains the priority. According to this year’s survey, 88% of employees consider healthcare benefits “very important” or “extremely important.” An HSA offers advantages for employees and employers. of the total U.S.

article thumbnail

Guide to Hiring Employees in Armenia

Recruiters Lineup

Payroll and Taxes in Armenia It’s crucial for employers and individuals to stay informed about any changes in tax and payroll regulations. Payroll in Armenia: In Armenia, employers are responsible for calculating and processing employee payroll , including deductions for taxes and social security contributions.

article thumbnail

HR Headaches: Managers Using Temp Workers to Meet Staffing Need

Zenefits

Others are opting to retire earlier than planned. The harder it is to attract talent, the harder it is to retain the overworked talent currently on the payroll. Employers simply place an order with the agency, and they do the recruitment, vetting, and process payroll for the employee. Some still worry about COVID.

article thumbnail

Guide to Hiring Employees in the Bahamas

Recruiters Lineup

Bahamas Payroll and Taxes It’s important to note that tax laws and regulations can change, and it’s recommended to consult with local tax authorities or a professional advisor to ensure compliance with the most recent requirements in the Bahamas. Minimum Wage: The Bahamas had a minimum wage in place.

article thumbnail

Furlough vs Layoffs – The Better Alternative?

Keka HR Blog

Realizing you don’t have enough cash flow to cover payroll is one of the most difficult situations a company owner can face. Marriott has announced that it will furlough tens of thousands of employees, excluding them from the payroll while allowing them to keep their healthcare benefits. . Pros of Layoffs .