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HR Leaders Share How New Salary Transparency Laws Have Changed Everything

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As of November 1, a law in New York City now requires employers with four or more people on the payroll to provide a salary pay range in all job advertisements. . Last year, Colorado enacted the Equal Pay for Equal Work Act — a law that requires employers to include salary ranges on their job postings. .

Salary 246
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How Do You Survive When Your Business Isn’t Profitable at the Start?

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The good news is that you can make a salary even if your business isn’t profitable. The bad news is that if you don’t have a profitable business to start, you might feel guilty or reckless drawing anything except the smallest salary you can live on. years of cash to cover essential expenses and any “what-ifs.” I recommend 1.5

Budget 279
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Tax Planning for Freelancers: 5 Strategic Moves To Make Now To Avoid Tax Pain Next Year

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The intricacies of managing your tax information, including all the nuances of making sure you filed your tax information the right way, can feel overwhelming. Firstly, it is the simplest and least expensive form of business to set up and maintain. Freelancers may be interested in a sole proprietorship for several reasons.

Legal 264
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Do I Need to Buy Life Insurance?

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People purchase life insurance to help their families replace lost income and cover final expenses after death. Remember: The larger the policy amount or the longer you want the policy to be in effect, the more expensive the premiums. To calculate how much insurance to buy, some experts recommend multiplying your salary by eight.

Policies 264
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Unveiling the Hidden Potentials of Remote Work Productivity

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Companies offering remote work options can also save on cost-of-living expenses by hiring talent in more affordable regions, both domestically and internationally. A survey of 3,000 workers at leading companies like Google, Amazon, and Microsoft discovered that 64% would prefer permanent telecommuting over a $30,000 salary increase.

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SEP IRA: What You Need to Know About This Retirement Plan Option

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Unlike other retirement plan options, there are no filing requirements or expensive fees to maintain a SEP IRA. Employers must make the same contributions, by percentage of salary, to each eligible employee’s account, including themselves. Employers must inform employees of their contributions by Jan. 31 of the following year.

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These 10 Remote-Friendly Companies Help Pay For Employee Vacations

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In a new survey , 62% of people said “vacation time” is one of the most important job benefits, following closely behind remote work (77%) and salary (83%). . Mental health benefits – Employers are now offering enhanced benefits to employees, making access to mental health care easier and less expensive for employees in need .

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