By simply grabbing a copy of a newspaper or sitting before the television to keep abreast of happenings in the country, cases on deferred compensation would usually pop up. Oftentimes we find pensioners crying to the government for their entitlements.…
It’s confession time with today’s post. Whether it’s just a crush or a harmless likeness for your fellow worker, how did that end up? While we look at what office and workplace romance is, ensure you fully understand the rules…
After you have read this post till the letter, you would be able to determine how qualified you are for a 457 compensation plan. And if you are not, you would have gained insight on what a 457 compensation plan…
Effective administration is essential if plan administration has to be successful. The best practices for plan administration often include establishing clear plan documents, communicating in a manner that is effective, monitoring compliance and regulatory requirements, maintain accurate records, providing investment…
Let’s say a small business, Chike Electronics, has 20 employees and wants to outsource its payroll services. They choose a payroll service provider, which offers a cloud-based payroll platform. The payroll service provider takes care of payroll processing, tax compliance,…
QuickBooks has become popular among small and midsize businesses. Aside from it being accessible, small businesses find it helpful in running their payroll. It is an accounting software that caters to the financial tasks of small businesses, in short, it…
Workers’ compensation is a type of insurance that provides financial benefits to employees who are injured on the job or become ill as a result of their job. The insurance is typically provided by employers and is mandatory in most…
Now more than ever before, we read about companies downsizing and reducing the number of their staff due to economic challenges and other plans the companies may have to sustain their revenue. It has become even more necessary to downsize…
The year 2023 wraps up in a few months and many Nigerian organizations have begun to set goals and put strategies in place for the coming year, one of which is the recruitment program. Several organizations, especially financial institutions are…
Appearing at the office every day as a Gen Z worker means that you have to be at your best physically. Although the management of different companies urges their employees to dress well, the truth is many people still struggle…
