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Marathon HR News

Stay up-to-date on the latest Marathon HR news and developments via our newsletter and press releases. For details on the successful partnerships we build with clients, please read our case studies and testimonials.

Feb 07 2024
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Making Employee Transitions Seamless

By HR
When an employee leaves the company, he or she can leave big shoes to fill. As an employer, you can avoid lost productivity and gaps in client service by putting intentional processes in place to transfer knowledge and experience to a replacement.  Consider Collaborative Knowledge Sharing Tools  In one analysis, Deloitte found that while some workers may feel more job security guarding their specialized knowledge, organizations should cultivate a culture of sharing that makes employees…
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Jan 24 2024
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Benefits of Handling W-2s Early

By IRS
Tax season is approaching, and as most employers know, it’s time to distribute Form W-2s to employees. If MarathonHR is your payroll provider, please rest assured that we’ve handled this task for you and W-2s are already in the mail to your employees. We always strive to distribute W-2s to our clients’ employees during the first week of January, if possible.  Advantages of Sending W-2s in Early January  Although the required distribution deadline for W-2s…
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Jan 12 2024
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Is it Time for a Cost-of-Living Increase?

By Payroll
When inflation is low, employers usually don’t have to worry about making cost-of-living adjustments (COLAs) to employees’ salaries. However, with the inflation of the last few years, COLAs have driven payroll changes and are still a prudent thing for employers to do. Wages and the Cost of Living Workers are continuing to catch up after more than two years of high inflation that took a chunk out of their paychecks. While prices for energy and…
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Jan 08 2024
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Performance and Comp Reviews Should be Separate

By HR
At year-end, employers may be delivering performance reviews or thinking about their strategy for performance evaluations in the coming year. At the same time, discussions about raises and other salary adjustments may be underway. MarathonHR encourages our clients to separate performance reviews from compensation reviews and handle each of them at different times. Evidence suggests that performance management is more effective when organizations separate evaluations from compensation discussion. In one survey, 47% reported effective performance…
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Jan 01 2024
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Long-Term Part-Time Employees Can Now Contribute to 401(k)

By Benefits
There’s good news for long-term part-time employees when it comes to retirement savings. The Setting Every Community Up for Retirement Enhancement (SECURE 2.0) Act of 2022 increased options for long-term part-time employees to make elective deferrals to an employer’s 401(k) plan. A part-time employee’s eligibility to start contributing to an employer’s 401(k) will depend on his or her start date and the number of hours worked. “Employers maintaining a 401(k) must offer it to any…
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Dec 12 2023
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Tax Considerations for Christmas Bonuses

By Payroll, Tips
This time of year, many employers like to reward their employees with Christmas bonuses. While this gesture is usually enthusiastically received by employees, they’re often surprised at the amount of taxes that are withheld. The IRS includes bonuses on its list of wage payments that are treated as supplemental wages instead of regular wages. Assuming that you’re not paying your employees more than $1 million each in bonuses, the withholding rate is 22%. Bonuses are…
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Dec 11 2023
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On-Call Pay and Waiting to be Engaged

By Georgia Department of Labor (GDOL), HR
Some businesses may have employees who must be on-call to work if needed – emergency personnel, service technicians and medical professionals come to mind. Even though they’re not actively working while waiting to be engaged, they’re still committing their time to being available. If an employee has a job that ends at 11 am and another job starting at 2 pm, is the time between jobs compensable? What about employees who are on call during…
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Dec 08 2023
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Remind Your Employees to Update W-4s Before Year-End

By Payroll
At year-end, it’s important for employees to update their W-4 forms to make sure their tax withholding is correct. Who Should Update Their Withholding? Employees may benefit from double-checking their withholding if they haven’t looked at their paystubs or made any withholding changes in a while. In general, they may want to adjust withholdings if they: Got married or divorced. Had a child. Bought a home. Received raises or bonuses since the previous tax season.…
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Dec 06 2023
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Make Sure Employees Have Correct Address on W-2

By IRS, Payroll
It’s always a good idea to remind employees to report a change in mailing address, especially if they are remote workers who may not have regular face-to-face contact with their human resource department. In an environment where employees increasingly receive employment and personal financial information digitally, they may forget to report a change in physical address to their employers. Having the correct mailing address on file helps employers make sure that workers receive payroll and…
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Dec 01 2023
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Revisit Your Recordkeeping Requirements

By Legal, Payroll
It’s good practice to periodically revisit recordkeeping requirements under the Fair Labor Standards Act (FLSA). Every employer covered by the FLSA must keep certain payroll records for each covered, nonexempt worker. It’s in an employer’s best interest to keep as much detailed information as possible to demonstrate compliance with the FLSA’s provisions regarding minimum wage, overtime, equal pay and child labor. At a minimum, each employer must retain: Payroll records, collective bargaining agreements, and sales…
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