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If you receive severance pay from a former employer, you may actually end up in a pretty good place financially. Many severance packages pay 50% to 100% of wages for a specified time period, and if...
Some won't offer anything, and the federal Fair Labor Standards Act doesn't require employers to pay severance. "You should always ask after severance pay if the company isn't forthright about it ...
Unemployment benefits generally last 26 weeks, but this depends on your state. For example, CNBC noted that Missouri recently reduced benefit duration and some workers only receive payments for ...
The Worker Adjustment and Retraining Notification Act of 1988 (the "WARN Act") is a U.S. labor law that protects employees, their families, and communities by requiring most employers with 100 or more employees to provide notification 60 calendar days in advance of planned closings and mass layoffs of employees. [1]
By establishing severance payments as SUB-Pay benefits, the payments are not considered wages for FICA, FUTA, and SUI tax purposes, and employee FICA tax. To qualify for SUB-Pay benefits, the participant must be eligible for state unemployment insurance benefits and the separation benefit must be paid on a periodic basis.
The department was originally created in 1911 and called the Department of Commerce and Labor.It was tasked with overseeing labor laws and safety regulations. The passage of the Wagner-Peyser Act in 1935, which established a nationwide system of public employment offices, led to the creation of the Department of Labor in 1937.
If you've recently lost your job in Georgia, you may be eligible for Georgia Unemployment Insurance benefits. This is a guide to filing your claim for Georgia unemployment benefits. Since each ...
Unemployment insurance is funded by both federal and state payroll taxes. In most states, employers pay state and federal unemployment taxes if: (1) they paid wages to employees totaling $1,500 or more in any quarter of a calendar year, or (2) they had at least one employee during any day of a week for 20 or more weeks in a calendar year, regardless of whether those weeks were consecutive.