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Making use of employee compensation and benefits information resources will guide you in the employee hiring process. The following employee compensation and benefits information resources will assist you in creating policies which will guide your business and attract employees.
The Small Business Administration (www.sba.gov) is a resource that explains how to provide employee benefits. The SBA website lists benefits you are required to provide to employees such as payment of social security taxes, worker's compensation and unemployment insurance. Optional benefits such as holiday, vacation, sick and bereavement leave are discussed as well as health and retirement plan options. These optional benefits are important because they help attract and retain employees. You may visit the Employee Handbook section of the SBA website for legal information regarding wages, worker's compensation and employment taxes. This section also has a nice feature that teaches you how to create an employee handbook to document your compensation and benefits policies.
The U.S. Social Security Administration's website (www.socialsecurity.gov/pgm/business.htm) offers a system called Business Services Online (BSO) that allows you to access services such as verifying an employee's social security number. They provide instructions for filing W-2 forms and reporting employee wages.
These two resources are invaluable for learning how to manage your employee hiring process. Read more about employee compensation and benefits information resources from the links on this Business.com page.