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If certain conditions are met, employer provided meals and lodging may be excluded from an employee's gross income. If meals are furnished (1) by the employer; (2) for the employer's convenience; and (3) provided on the business premises of the employer they may be excluded from the employee's gross income per section 119(a).
Learn what cost of living means, how it is measured by a cost-of-living index, and how it affects salaries, pensions, and benefits. Find out the most expensive and cheapest cities in the world according to a global survey.
Learn about the types and components of compensation and benefits for employees from employers. Compensation is the direct monetary payment, while benefits are the non-monetary rewards, such as health insurance, retirement plans, and equity-based compensation.
Only half of full-time female employees earn a livable income compared to 62% of male staffers, according to the report. Working women earn on average $4.20 less per hour than men doing the same work.
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Learn about the history, types, and funding of social programs in the U.S., such as Social Security, Medicare, Medicaid, and more. Compare the U.S. social welfare spending with other countries and regions.
A recent survey of employers from the Employee Benefit Research Institute (EBRI) uncovered a major shift taking place among American companies and their workers. Instead of putting retirement ...
Learn about the federal program that provides retirement, disability, and survivor benefits to eligible workers and their families. Find out the history, funding, administration, and current issues of Social Security in the U.S.