Essential Employee Benefits
For all U.S. businesses, there are essential employee benefits that must be offered. If your company approaches employee benefits as purely optional additions to a salary package, the harsh reality is that several employee benefits are mandatory in the United States. Both legally required and optional benefits have legal and tax implications for the employers offering them, so be sure that you understand the full effects of your benefit choices before establishing them. Social Security Taxes As an employer of full-time employees, you are required to collect social security taxes […]
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