In most US states it is mandatory for any firm to setup individual workers compensation for its employees. Such reimbursements are sometimes also referred to as the “exclusive remedy” available to any injured employee since many workers compensation statutes prevent legal actions against any fellow employee who may be the sole reason behind the injury. Most of the times, this actually works in the benefit of the employee, since they receive reimbursements for medical care, rehabilitation, and lost wages even if the injury is caused by the injured himself.
An employee may sue the firm with the help of a workers’ comp attorney, for any sort of on-the-job injury, provided the statute in their jurisdiction does not prohibit the legal action. Such cases arise when the employee is injured due to the negligence of either the firm or an individual which is neither the employer nor any of the colleagues. There are situations which allow an employee to sue and still receive the compensation. Some of them are: :
The twenty-first meeting of the Eleventh National People’s Congress voted to amend the Personal Income Tax Law. According to the modification, monthly wage and salary income would be the base taxable income after subtracting Chinese 3500 yuan. Wage and salary income now apply to a new progressive tax rate, the new progressive rates start from 3% to 45%. This change of tax law will come into force on September 1.
The twenty-first meeting og the Eleventh National People’s Congress decided to amend the Personal Income Tax Law as follows:
There are a wide variety of insurance products available nowadays. So employers and individuals require a team of qualified and experienced benefit consultants who can help and advise them in designing the perfect benefit package. This employee benefit program that is designed should be beneficial for both the employees as well as the employer. However, there are many human resources organization that can provide you with this service. While choosing the company, just dont go for anyone. Always select the one that has years of experience in the employee group benefits arena.
An employee seeking advice on benefits program is as essential as a big corporate house needing a consultation or benefit design package. So, while making your choice in selecting the human resources company, also keep in mind to go for the one that has been able to successfully deal with the small as well as large benefit carriers. The company must be able to assist you in all the aspects of HR when it comes to employee benefits program.
You work hard at your job doing a wonderful task — educating the future of our country and world.
Wouldn’t it be wonderful if teachers were compensated like star athletes? After all, what is more important? Teaching children or playing basketball in front of 20,000 people. There certainly might be more entertainment value in the basketball game but the real importance lies in the classroom.
Every January or February there are a flood of questions regarding surrogacy taxes. Are surrogate mothers responsible for paying income tax on the compensation they receive in surrogate motherhood?
How much money needs to be paid to the government? Do they consider surrogate compensation taxable income? It’s a tricky question, and depends on several things.