The Internal Revenue Service (IRS) announced the annual limits for Health Savings Accounts (HSAs) for 2020. HSAs are pre-tax accounts available to individuals covered under a high-deductible health plan. Eligible individuals can accumulate money, tax-free, in HSAs to pay for qualified medical expenses. The HSA limits, which are indexed for inflation every year, will increase […]
Summer days are just around the corner, calling for relaxed schedules and a yearning to be outside. During this time, many workers wish for summer perks from their employers so they can enjoy the warm weather while remaining productive at work. Flexible scheduling and early office closings on Fridays are on the top of employees’ […]
The Social Security Administration (SSA) recently announced that the Social Security taxable wage base for 2019 will increase to $132,900 from $128,400. This is the maximum amount of earnings subject to the Social Security tax for 2019. In addition, the SSA announced that Social Security and Supplemental Security Income benefits will increase by 2.8 percent […]
Female professionals share several challenges in today’s workplace, such as career advancement, re-entering the workforce and sexual harassment, to name a few. But according to a recent Korn Ferry survey, 40 percent of women professionals said they’ve missed a promotion or an opportunity simply because they’re female. What’s more, the most important issue facing women […]
A recent U.S. Department of Labor (DOL) investigation recovered $3,573,074 in back wages and benefits for 1,416 employees of a Long Beach-based trucking and warehouse company. The DOL’s Wage and Hour Division (WHD) investigators found the company violated federal contract provisions of the McNamara-O’Hara Service Contract Act (SCA). Investigators discovered the company failed to pay […]
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