California mandate for employers with 5 or more employees, who don’t already sponsor a retirement plan for their employees, takes effect 6/30/2022
We are happy to make a recommendation to a trusted 401k partner based on your company size, industry, and 2022 growth plans.
If you need a referral please contact us at info@optimaoffice.com for more information.
Recommend that employers recheck their exempt/non-exempt employee classification to ensure compliance with FLSA.
Employers who misclassify their workers due to not understanding the guidelines or to avoid having to pay overtime are opening themselves up to potential claims for unpaid wages, interest, damages, and attorney’s fees.
Not sure if you company is compliant? We are happy to conduct an HR assessment to help ensure your company is in compliance. Optima Office provides HR assessments for $500-$1500.
IRS Mileage reimbursement rate is 58.50 cents per mile
It is not a requirement to reimburse your employees this rate for work-related mileage however this is the maximum that employers can reimburse without the employees having to pay tax on that income.
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