Although the economy is strong now, layoffs are still a reality in many industries. When you are hit with a layoff, your employer will probably offer you some kind of severance package to make things easier.
It’s always important to know the protections afforded by Maryland law to employees, as well as the limits of those protections.
Competition among Maryland gambling houses has become increasingly heated in recent months. Baltimore's Horseshoe casino is a recent entry in the business, ratcheting up pressure on the Maryland Live casino just a few miles away.
Federal employees will get a one percent pay raise in 2014, ending a four year pay freeze. The pay raise is consistent with current budget proposals but had to be finalized by executive order so that agencies could prepare to enact the raises by the first of the year.
At least 30 percent of employers in the United States misclassify workers, calling them independent contractors instead of employees for tax and regulatory purposes. Experts estimate that this impacts millions of workers across sectors.
The United States Supreme Court will hear a highly influential case having to do with severance payments for employees. Specifically, the case deals with the tax status of these payments and whether or not they are considered "wages" for purposes of the Federal Insurance Contributions Act (FICA) tax. FICA taxes fund Social Security and Medicaire.