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What are fringe benefits? What employers need to know

Insperity

Though you don’t withhold taxes for these parties, you may need to report the benefit to the government using one of the following forms: IRS Form 1099-NEC for independent contractors IRS Schedule K-1 (Form 1065), Partner’s Share of Income, Deductions, Credits, etc. Independent contractors you hire for a specific job can be recipients.

Banking 255
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Corporate philanthropy: How to start an employee matching gift program

Insperity

They could put your business at risk if they don’t follow certain government guidelines. Monitoring these items over time will help give you a holistic look at the cost of the program and make sure it’s making an impact without breaking the bank. Ongoing vendor costs.

Supplies 212
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Mental health at work: The laws and best practices

Insperity

A request for time off may be the first time you learn that your employee is struggling with a mental illness. The laws governing employment can be cumbersome and overwhelming. Here’s what managers need to know to properly meet employees’ needs while complying with all federal regulations. Has the employee been diagnosed?

Legal 233
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Business owner beware: FLSA compliance and personal liability

Insperity

In fact, when considering lawsuits about back wages, the federal government has the authority to deem a business owner an “employer” if certain criteria are present under the Fair Labor Standards Act (FLSA). Except in rare instances, such as with government agencies, it’s probably best to avoid comp time altogether to be safe.

Legal 187
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Workplace violence prevention: 8 tips to improve office safety

Insperity

While mass shootings and homicides make big news, it may surprise you to learn that the most frequent types of workplace violence are simple assault (fisticuffs) and armed robbery. Are you located next door to a bank that could be robbed? Is there a government office on the floor above you? Is your business open to the public?

Security 162
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There’s a happiness gap at work. Here’s what we learned from leaders in Finland and Denmark, the happiest countries in the world

Work Life

We recently spoke with business, academic, and government leaders in Finland and Denmark, the top two happiest countries in the world , about how enacted values impact workplace happiness. There, transparency begins at the topmost levels of government. Can workers be happy and trust their leaders?

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A Day in the Life of AI Consultant Juliette Powell

Success

The New York City-based founder and managing partner of Kleiner Powell International (KPI) consults with governments, large companies and others on the intersection of tech and business, with a deep understanding of how AI is shifting society and global competition. She and her “gorgeous” pitbull, Tyra Banks, head out on their 5-mile walk.