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What else can I help you with?
What should I know before purchasing health insurance for a small business?
If you get discounts for more employees added and if you as employer need to make copays.
What means 401k?
A 401(k) ia a retirement plan that is sponsored by your employer. It allows employees to save and invest a part of their salary before taxes are separated. Y
How many employees does a company need before the family and medical leave act applies?
the family and medical leave act applies if company has how many employees?
Is PF to be paid by the company into the employees account is deducted from employees salary?
No, the Provident Fund (PF) contribution is not directly deducted from the employee's salary. Instead, it is a statutory benefit where both the employer and employee contribute a percentage of the employee's basic salary to the Provident Fund account. The employer's contribution is a separate contribution made by the company, while the employee's portion is typically deducted from their salary before it is disbursed.
What is the grievance handling procedudre if employees are not being given bonus inspite of company making profits?
Answer for the USA: Unless the employee has a contract with the employer in which a bonus is discussed (conditions upon which the bonus is to be given, when the bonus is to be given, the amount of the bonus, when employees vest in the bonus, etc.) employees are not guaranteed a bonus regardless of the companies profits. Most employees are "employees at-will" with no contract. If you have a contract which states these terms, your HR professional should be able to handle it, and your last method is to sue your employer. It is recommended that you approach your HR person quietly and calmly and work towards resolution before getting an attorney. You might find that you are not entitled to a bonus and you would not want to endanger your position at the company. Finally, your last line of defense is to find another employer that gives you what you want.
How long can employer take to pay salary employees?
Rules for employers are governed by states, so this will depend on where you live. I have looked up this information before, in my state it is available on my state's Department of Labor website.
Can an employee of 8 years be laid off before one only hired 3 years ago?
Yes, an employee with 8 years of service can be laid off before one who has been with the company for only 3 years. Layoffs typically depend on various factors, including performance, job role, business needs, and seniority, but seniority alone does not guarantee job security. Companies often make decisions based on their current financial situation and workforce requirements, which may lead to the layoff of longer-tenured employees.
How many employees does a company have to have before you have to use medicare as your secondary insurance?
You are referring to TEFRA. Tax Equity and Fiscal Responsibility Act of 1982. In application to working aged as its called and not those on Medicare for ESRD or Disability: For a Single Employer: In general the employer has 20 or more "total employees" for each working day in each of 20 or more calendar weeks in the current calendar year or the preceding calendar year.
Investing in a 401K is Free Money?
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.
How many hours can an employee work before an employer is responsible to cover them with a healthcare benefit?
This depends on the employer. I've heard of employers covering employees' healthcare when they start the job, the first of the month after the employee starts the job, after 90 days... You should check your company's policy manual for these details.
What is seniority of the bond?
Seniority of a bond refers to its priority in receiving payments in the event of a company's liquidation. Senior bonds are paid before junior bonds, and typically have lower risk because they have higher priority for repayment. Subordinated bonds rank lower in seniority and are riskier because they are the last to be repaid in case of default.
Seniority of a bond?
Seniority of a bond refers to its position in the hierarchy of debt repayment in case of default. Senior bonds have higher priority and are repaid before subordinated bonds in case of bankruptcy or liquidation. This means that senior bonds have lower credit risk compared to subordinated bonds.
