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employee gifts

Celebrating and Rewarding your Employees this Holiday Season

November 10, 2022 | posted by Abacus Payroll
The holiday season is upon us, a time when many employers share a token of appreciation for their hardworking employees. Whether it’s through a bonus, gift, party, an afternoon off, or a simple pat on the back, showing any kind of gratitude and appreciation for the efforts of your workforce does not go unnoticed. However, […]
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7 Tax-Free Ideas to Bolster Your Business Benefits Package

July 24, 2019 | posted by Abacus Payroll
The benefits package offered by your business is extremely important to your employees. How important? A survey performed by the Society of Human Resource Management (SHRM) found that benefits are directly tied to overall job satisfaction for 92 percent of employees. Even more importantly, 29 percent of employees cited the overall benefits package at their […]
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Gifts, Employees, and the IRS

April 25, 2018 | posted by Abacus Payroll
Whether or not employers should give gifts to their employees is an oft-debated topic. The ethical side of office gift-giving is up to you, but whatever you decide must also take into account IRS regulations for taxing gifts. Here are a few things you should know about handling gifts for employees, as well as a […]
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