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Transcript of URL: http://www.entrepreneur.com/article/80158
Date of the Article: September 30, 2005
By: Lorena Rodriguez
The law requires employers to provide employees with certain benefits. You must:
Give employees time off to vote, serve on a jury and perform military service.
Comply with all workers' compensation requirements.
Withhold FICA taxes from employees' paychecks and pay your own portion of FICA taxes, employees with retirement and disability benefits.
Pay state and federal unemployment taxes, thus providing benefits for unemployed workers.
Contribute to state short-term disability programs in states where such programs exist.
Comply with the Federal Family and Medical Leave (FMLA).
Absorbing the entire cost of employee benefits.
Not telling employees what their benefits cost.
Giving unwanted benefits.
A traditional indemnity plan, or fee for service.
Archer Medical Savings Account.
Individual Retirement Account (IRA).
Saving Incentive Match Plan for Employees (SIMPLE).
The Basics of Employment Benefits
Comparing Employee Benefits in the Public and Private Sectors
Author: William J. Wiatrowski
Date of the Article: December, 1988
By: Camille Rivero
You are not required to provide:
Health Plans (except in Hawaii).
Dental or Vision plans.
Life insurance plans.
Paid Vacations, holidays or sick leave.
Where to go?