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HSA

HR Insight: IRS Announces HSA Limits for 2024

 HR Insight: IRS Announces HSA Limits for 2024 940 788 LaDonna Kearney

HSA Limit Changes for 2024. Here is what you need to know: In the recently released Rev. Proc. 2023-23, the IRS has made annual inflation adjustments to health savings accounts: For calendar year 2024, a “high deductible health plan” is defined as a health plan with an annual deductible that is not less than $1,600…

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Free Meals

HR Insight: Free Meals as an Employee Benefit?

 HR Insight: Free Meals as an Employee Benefit? 940 788 LaDonna Kearney

Free Food in the Office as a Benefit Want to attract and retain workers? Who doesn’t? Consider free meals. Company-paid lunches are a major perk that’s hard to pass up, especially if you’re a millennial. USA Today reported that providing free food to your employees can result in a 67% job satisfaction rate. Let’s look…

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Cryptocurrency

HR Insight: Cryptocurrency

 HR Insight: Cryptocurrency 940 788 LaDonna Kearney

Can Employers Pay Wages in Cryptocurrency? Despite the controversy surrounding it, cryptocurrency remains a hot topic. In the employment world, a top question is whether employers can pay employees in cryptocurrency. Before we determine this, let’s explore “cryptocurrency” a bit. What is cryptocurrency? Per the Cambridge Dictionary, cryptocurrency is “a digital currency produced by a…

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Employer Brand

HR Insight: Employer Brand

 HR Insight: Employer Brand 940 788 LaDonna Kearney

If You Build It, Employees Will Come. Who are you, as a company? The overall company brand defines the quintessential qualities of the organization, at large, that is directed to both the general public and all stakeholders, including customers, clients, strategic partners, investors and/or regulators. Employer branding, on the other hand, targets job seekers and…

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Employee Taxes

HR Insight: How to Deal with Employee Taxes

 HR Insight: How to Deal with Employee Taxes 940 788 LaDonna Kearney

Employee Taxes – What You Need to Know. Employers generally must withhold income tax from employees’ wages. To figure out how much employee taxes to withhold, you need to use the employee’s Form W-4, the appropriate method and the appropriate withholding table described in Publication 15-T, Federal Income Tax Withholding Methods. You’ll deposit your withholdings based…

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