Payroll
Year-End Bonuses Shrunk 21% in 2023
Annual payouts declined in every industry, even those hard up for talent, according to small business payroll provider Gusto.
Small Business Jobs See Small Decline as Overall Jobs Increase
Despite the headwinds from high inflation and increased household debt, the National Retail Federation predicted a strong 2023 holiday shopping season in early November.
Deloitte is Using AI to Reduce Layoffs—And Your Business Can Too
You don't need a billion dollars to reallocate employees. You just need ChatGPT and a bit of time.
Survey: Flex Workers Want to Be in the Office More
Many younger workers also want spaces their older peers wouldn’t have thought to ask for in years past, such as cafes that feel like public coffee bars, fitness centers and meditation or napping areas.
PwC’s U.K. Boss Says Young Staff Need to Be in the Office Because of AI
Generative AI is removing “tasks that in the past our more junior staff trained and cut their teeth on,” Kevin Ellis said.
IRS Provides Initial Guidance on Employee PLESAs
IRS Notice 2024-22 provides employers insight on the anti-abuse rules regarding pension-linked emergency savings accounts.
457 Plan Contribution Limit for 2024 Rises to $20,500
Employees of state and local governments can stash more money in their 457 plans in 2022 than in 2021. Plus, those who are 50 and older can make “catch-up” contributions.
FreshBooks Adds Payroll into Bookkeeping Solution Via Partnership with Gusto
Partnership with Gusto FreshBooks, a maker of cloud-based accounting software for small businesses and accountants, is expanding its suite of services with the launch of FreshBooks Payroll.