According to statistics released by the US Bureau of Labor Statistics (BLS), in September 2011, the percentage of people with disabilities in the labor force was 21.1, up from 21.0 in August. By comparison, the percentage of persons with no disability in the labor...
Friday, November 11, 2011 will be Veterans Day, a federal holiday. Although the offices of Vision Payroll will be open and payrolls will be processed, most banks will be closed in observance of the holiday. Date Paid Process Deadline 11/11/2011 11/8/2011 11/14/2011...
In IR-2011-103, the Internal Revenue Service (IRS) announced cost-of-living adjustments to the limits on SIMPLE plan contributions for 2012. The limitation for SIMPLE plans is codified in §408(p)(2)(E) of the Internal Revenue Code of 1986 (IRC). This section also...
In IR-2011-103, the Internal Revenue Service (IRS) announced that for 2012 the compensation limitation will increase from $245,000 to $250,000 under §401(a)(17), §404(l), §408(k)(3)(C), and §408(k)(6)(D)(ii) of the Internal Revenue Code of 1986 (IRC). 2012...
This week’s question comes from Carla, a company president. Carla asks: We’re doing some compensation planning for next year. What are the 2012 Highly Compensated Employee Limits? Answer: The IRS has just released updated information for 2012. IRS Releases 2012 Highly...
According to the US Department of Labor, in the week ending October 15, the advance figure for seasonally adjusted initial claims was 403,000, a decrease of 6,000 from the previous week’s revised figure of 409,000. The 4-week moving average was 403,000, a decrease of...
The Social Security Administration announced today that the Maximum Taxable Earnings or Social Security Wage Base would increase from $106,800 in 2011 to $110,100 in 2012. Social Security Increases Based on CPI Change Since there was a 3.6% increase in the Consumer...
The Labor Department of the Arizona Industrial Commission announced recently that pursuant to Arizona Revised Statutes §23-363, the minimum wage for the state of Arizona will increase to $7.65 per hour effective January 1, 2012. The law requires an adjustment to the...
The Florida Department of Economic Opportunity announced recently that pursuant to the Florida Constitution, the minimum wage for the state of Florida would increase from $7.31 per hour to $7.67 effective January 1, 2012. Adjustment Must Be Calculated Annually The law...
Employment Security Commission (ESC) Chairman Lynn R. Holmes officially notified leaders of the General Assembly on Wednesday that she was suspending certain provisions of Senate Bill 532 because the provisions do not comply with federal law. US DOL Had Threatened...
The Job Service North Dakota has announced an increase in the taxable wage base for 2011. The wage base will increase from $25,500 for 2011 to $27,900 for 2012. Annual Increase Is Mandated by Law This amount is set annually and is 70% of a statewide average wage. Find...
This week’s question comes from Sylvia, a payroll manager. Sylvia asks: We have employees who worked overtime this past week and received bonuses. Do we need to include bonuses in overtime calculations? Answer: The bonuses may or may not have to be included in the...
According to the US Department of Labor, in the week ending October 8, the advance figure for seasonally adjusted initial claims was 404,000, a decrease of 1,000 from the previous week’s revised figure of 405,000. The 4-week moving average was 408,000, a decrease of...
As previously announced, The National Labor Relations Board (NLRB) issued a final rule requiring most private-sector employers to notify employees of their rights under the National Labor Relations Act (NLRA). The NLRB will require employers to post a new NLRA notice...
According to statistics released by the US Bureau of Labor Statistics (BLS), in August 2011, the percentage of people with disabilities in the labor force was 21.0, down from 21.2 in July. By comparison, the percentage of persons with no disability in the labor force...
The Montana Department of Labor and Industry announced recently that pursuant to Montana Code Annotated 39-3-409, the minimum wage for the state of Montana would increase from $7.35 per hour to $7.65 effective January 1, 2012. Adjustment Must Be Calculated Annually...
The Washington State Department of Labor & Industries announced recently that pursuant to Initiative 688, the minimum wage for the state of Washington would increase from $8.67 to $9.04 per hour effective January 1, 2012. The law requires an adjustment to the...
The Ohio Department of Commerce announced recently that, effective January 1, 2012, the minimum wage for the state of Ohio will increase to $7.70 per hour for non-tipped employees and $3.85 for tipped employees. Minimum Wage Applies to Employers That Gross More than...
Nonfarm payroll employment edged up by 103,000 in September, and the unemployment rate held at 9.1%, the US Bureau of Labor Statistics reported today. The increase in employment partially reflected the return to payrolls of about 45,000 telecommunications workers who...
According to the US Department of Labor, in the week ending October 1, the advance figure for seasonally adjusted initial claims was 401,000, an increase of 6,000 from the previous week’s revised figure of 395,000. The 4-week moving average was 414,000, a decrease of...
The National Labor Relations Board (NLRB) issued a final rule requiring most private-sector employers to notify employees of their rights under the National Labor Relations Act (NLRA). The NLRB will require employers to post a new NLRA notice in the workplace. The...
Brad Avakian, Commissioner of the Oregon Bureau of Labor and Industries, announced recently that, effective January 1, 2012, the minimum wage for the state of Oregon will increase to $8.80 per hour. Measure 25 Mandates Annual Adjustments As a result of Measure 25,...
The Massachusetts Division of Occupational Safety (DOS) issues prevailing wage schedules to cities, towns, counties, districts, authorities, and agencies of the Commonwealth for construction projects and several other types of public work. These prevailing wage...
The New England unemployment rate was essentially unchanged at 7.8% in August, the US Bureau of Labor Statistics reported recently. Regional Commissioner Denis M. McSweeney noted that the over-the-year change in New England’s unemployment rate was not statistically...
The Employment Security Division of the Nevada Department of Employment, Training and Rehabilitation has announced an decrease in the taxable wage base for 2012. Wage Base Decreases for Second Consecutive Year The wage base will decrease from $26,600 for 2011 to...
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