Payroll Deduction

2 Posts
1 Sections
1 Types

August 25, 2024 3 min read Definitions

DUES CHECKOFF: Permission for Withholding Union Dues from a Paycheck

Labor Relations Employment Law Union Dues Payroll Deduction Employee Rights

An overview of the concept of dues checkoff, where an employee permits an employer to withhold union dues directly from their paycheck, demonstrating cooperation between the employer, employee, and union.

August 25, 2024 3 min read Definitions

Voluntary Plan: Elective Employee Contributions in Pension Schemes

Finance Economics Pension Plan Employee Contribution Payroll Deduction Retirement Savings Financial Planning

A detailed explanation of the Voluntary Plan, also known as the Voluntary Deductible Employee Contribution Plan, where employees choose to contribute a portion of their paycheck to a pension plan.