2017 Standard Mileage Rates Released
By:
MEAadmin |
01.19.17 |
blog, Compensation,
The IRS has released the 2017 optional standard mileage rates that employees, self-employed individuals, and other taxpayers can use to compute deductible costs of operating automobiles (including vans, pickups and panel trucks) for business, medical, moving and charita...
N.J.-Pennsylvania Reciprocal Agreement Will NOT Be Ending
By:
MEAadmin |
12.08.16 |
blog, Compensation,
The tax reciprocal agreement between Pennsylvania and New Jersey will remain in place. New Jersey has chosen not to terminate the 40-year-old agreement. Pennsylvania residents who work in New Jersey will continue to be subject to the Pennsylvania personal income tax and...
Workers’ Comp Rates for 2017 Will Increase Less Than One Percent
By:
MEAadmin |
12.08.16 |
blog, Compensation,
The average premium for workers’ comp coverage in Washington will go up less than one percent in 2017. On November 30, 2016, the state Department of Labor & Industries (L&I) announced the rate will rise by an average of 0.7 percent next year.
The 2017 incr...
Pennsylvania-New Jersey Reciprocal Agreement to End
By:
MEAadmin |
11.09.16 |
Compensation
New Jersey is ending a nearly 40-year-old tax reciprocal agreement with Pennsylvania. The agreement allowed workers to pay tax to their home state, rather than the state where they work. NJ’s decision means you may pay tax to both states. Beginning January 1, 2017...
Compensation Budgets Expected to Stay Flat Despite Stronger Job Market, According to Aon Research
By:
MEAadmin |
10.07.16 |
Compensation
Despite competition for top talent heating up, new research from Aon Hewitt shows U.S. employers aren’t planning to spend more on compensation budgets for 2017—which may likely create a stumbling block for employers when it comes to attracting and retaining ...
New Worldatwork Research Shows Increase in Employee Promotional Activity
By:
MEAadmin |
10.07.16 |
Compensation
WorldatWork released new research revealing 9.3 percent of employees received a promotion in the past year, a small increase from 9 percent in 2014, but a significant increase from 7 percent in 2010. The report, Promotional Guidelines Survey, focused on various practice...