Sick leave is when an employee takes time off work because of an illness or injury. Although there is no federal requirement for paid sick leave, according to the U.S. Department of Labor, employers subject to the Family and Medical Leave Act...
employee benefits
Simplified Employee Pension plan
Simplified employee pension plan (SEP), also referred to as SEP-IRA, is a type of IRA plan that allows more flexibility for employers than a traditional IRA account. Under a SEP-IRA, the employer does not have required annual contributions...
stock dividend
A Stock dividend refers to corporate dividends compensating shareholders or employees in the form of stocks instead of money. Companies issue stock dividends typically in the form of a certain percentage per share. For example, a company may...
unemployment compensation
Unemployment compensation law encompasses a set of regulations aimed at providing financial assistance to individuals who lose their jobs through no fault of their own. This framework ensures temporary monetary support, enabling unemployed...