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Hiring Internationally Doesn’t Have To Make Payroll Complicated

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If you don’t follow legal requirements, you’ll face steep fines or worse. The rise of remote work has allowed more companies to seek quality employees from more places, but international hiring can quickly make pay day even more complicated. based organizations — but it’s a different story if you want to go international.

Payroll 246
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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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Companies Are Using This Sneaky Strategy To Avoid Paying Overtime

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Open-ended exemption tests for employees dictate that individuals working for salaries hardly above the national poverty line can be exempt from overtime payments so long as their employer can create responsibilities that sound administrative. It’s estimated that each fake managerial position saves companies almost 14% in overtime expenses.

Salary 257
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Tax Planning for Freelancers: 5 Strategic Moves To Make Now To Avoid Tax Pain Next Year

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According to the Internal Revenue Service (IRS), “a sole proprietor is someone who owns an unincorporated business by himself or herself.” 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 261
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Dear Debbie: Why Do I Downplay My Hard-Earned Success in Social Settings?

Success

I didn’t mind that random strangers often assumed my husband was our primary earner, despite me having doubled his salary in real estate sales alone. How often are we aghast at the way we hear others speak to each other, yet our own internal monologue is arguably much nastier. This can be multiplied in the financial realm.

Gifts 296
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5 Different Types of Retirement Plans You Need to Know About

Success

You might be less sure about the particular characteristics of these accounts or how they follow specific rules laid out by the Internal Revenue Service (IRS) to protect your retirement funds. Employers can also match employee contributions up to a percentage of the employee’s salary under this type of retirement plan.

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7 Tips On How to Get a Promotion From “Show Your Worth” Author and Former IBM Executive Shelmina Babai Abji

Success

This calls for two steps—inflation to decline, which could happen, or for salaries to increase, match or exceed it. Let’s be real, those expensive groceries aren’t going to buy themselves. At 15, she left to pursue higher education, driven to lift herself and her family up. Ask how they got their promotion.

Promotion 271