Tag Archives: compensation

Strategies for Identifying and Resolving Gaps in Benefits Offerings

In today’s competitive employment landscape, many organizations recognize that employees are their most valuable asset. To attract and retain top talent, employers must go beyond competitive salaries and create holistic and meaningful employee benefits packages that address diverse workforce needs. … Continue reading

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New Details On The Cares Act

Written by: John D. Martin, CPA J. Martin & Company, PC   On Friday, March 27th, President Trump signed into law the Cares Act.  With this passage and additional analysis on the Families First COVID-19 Response Act, we are beginning … Continue reading

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Information for Employers and Group Health Plan Sponsors on COVID-19

States and the federal government have issued (or re-issued) guidance for employers in response to the recent novel coronavirus disease 2019 (COVID-19) pandemic. As of March 14, 2020, the Centers for Disease Control and Prevention (CDC) has reported more than … Continue reading

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2020 Plan Limitations!

401(k)/403(b)/457 Salary Deferrals: For participants under age 50 by 12/31/2020 – $19,500 For participants over age 50 by 12/31/2020 – $26,000 Maximum Annual Defined Contribution Plan Limit: For participants under age 50 by 12/31/2020 – $57,000 For participants over age … Continue reading

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New Overtime Rule Raises Salary Cut-Off to $35,568

Employees who make less than $35,568 are now eligible for overtime pay under a final rule issued today by the U.S. Department of Labor (DOL). The new rate will take effect Jan. 1, 2020. To be exempt from overtime under … Continue reading

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