Want this question answered?
The employer benefits because they don't have to pay their employees as much. Therefore, the employer can make more money.
A pension scheme.
Your employer is part of a "pool" of all state employers who pay mandatory payments into the state compensation fund.
No, it is not legal. Any money that an employer takes from your paycheck for a benefit must be used to purchase the benefit. ERISA, a federal law, prohibits an employer from using employees' money for any other purpose.
Employee theft is commonly known as "employee embezzlement" or "internal theft." It refers to when employees steal money, assets, or company resources from their employer without permission.
According to CNN Money, the best employer in the United States for 2013 is Google. Google is listed as having a total of 34,311 employees. Google also made number one on the list in 2012 with a 18,500 employees listed.
You HAVE to claim any income over $600. You SHOULD claim it in case you are audited...you're employer or whomever gave you the 1099 is reporting that they paid you the money, so you should report that you received it.
If you are currently employed - you cannot withdraw your pf money from your previous employer. You can only get it transferred. Withdrawal is only permitted if you are going to be unemployed for a period of at least 3 months after leaving a current job
A payroll card is a method for an employer to pay his/her employees. It does not have to be connected to a bank account at all. The money on the card is loaded by the employer. The card usually functions similarly to a debit card. It is reloaded when you are paid and can be used to withdraw money from ATMs.
Yes. Anything of value you receive from your employer, it makes no difference if it's money or in lieu of money, is taxable. Call it what you want, it is still income. Your employer should be providing the required amount of income on your oersonal use of the vehicle in your W-2.
If your work force is motivated it will cost the employer less money in the long run. Motivated employees work harder.
If your employer offers its employees the option to invest in a 401K, you would be very wise to take it. Many employers also offer matching funds as a way to encourage employees to save for retirement. If you contribute five percent and your employer will match half of that, that is just like getting free money every paycheck. In addition, the money is taken from your paycheck before any taxes are applied.