Employer Obligations

Guaranteed Annual Wage (GAW): Minimum Work or Pay Assurance
The Guaranteed Annual Wage (GAW) plan provided by employers ensures eligible employees receive a minimum amount of work or pay annually, contingent upon meeting specific requirements.
Unemployment Insurance Tax: Deductible as a Business Expense
An explanation of how unemployment insurance tax is deductible as a business expense for employers, with reference to the Federal Unemployment Tax Act (FUTA).

Finance Dictionary Pro

Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.