What you should know about annualization

In an attempt to satisfy fringe benefit requirements for projects that require a prevailing wage, you might begin to offer more generous benefits to your employees. However, it is important to remember the annualization requirement for certain fringe benefit payments....

Fringe Benefits: Workers’ Compensation Premiums

Workers’ compensation (workers’ comp) insurance is an expensive, yet important part of your overall HR compliance requirements. Workers’ comp costs are calculated based on the total pay for an employee — these costs can add up if employees are doing riskier work. The...