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US workers gain more freedom to change jobs as government bans noncompete agreements

Workplace Insight

The agency predicts the creation of 8,500 new businesses every year, along with an average annual pay increase of $524 for workers. Additionally, the rule is expected to lead to lower healthcare costs and a surge in innovation, with estimates suggesting as many as 29,000 more patents filed each year in the coming decade.

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Stay on track with this payroll compliance checklist

BMT Office Administration

There are a couple of common mistakes that can occur at this stage, including: Paying someone as an independent contractor when they do not meet the legal criteria for this classification. It asks for information such as the employee’s filing tax status, extra withholding preferences, and more. Employer’s name. FUTA taxes.

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