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Mostly large US corporations are projecting an average increase in their base pay budgets of 3.9% for next year, according to a new survey of 300 compensation leaders across 11 major industries ...
Week 1 of preseason is here and we are inching closer and closer to peak draft season! With training camp news, preseason games, injury updates and off-field drama, players’ ADPs are constantly ...
If the employee has overtime hours, these are multiplied by the overtime rate of pay, and the two amounts are added together. [6] Also included in gross pay is any other type of earnings that an employee may have. These may include holiday pay, vacation or sick pay, bonuses, and any miscellaneous pay that the employee may receive.
An employer in the United States may provide transportation benefits to their employees that are tax free up to a certain limit. Under the U.S. Internal Revenue Code section 132(a), the qualified transportation benefits are one of the eight types of statutory employee benefits (also known as fringe benefits) that are excluded from gross income in calculating federal income tax.
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