Am I Required By Law to Offer Employee Benefits?

Many employers are confused about which benefits they’re required to offer to their employees. Do employers have to provide a certain amount paid leave to their employees? What about insurance? While regulations vary from state to state, the following are benefits employers are absolutely required to offer:

Minimum Wage Law
Federal minimum wage is $7.25 per hour; however, different states have different requirements. Remember that when different state and federal wage requirements are present, the higher one always applies. Find your state’s minimum wage here.

Social Security Taxes
Employers are required to match the amount each employee pays to Social Security. Make sure you’re compliant with all rules by reading Social Security’s online guide for employers.

Overtime
Employers with hourly workers are required to pay them time and a half for every hour over 40 hours per week.

Those are really the only three things every business in the country is required to offer. However, there are other requirements that come apply only to certain businesses. For example, companies with more than 50 employees are required to provide 12 weeks of unpaid leave to someone who has a serious medical condition, must care for someone with a serious medical condition or just had a baby.

Business.gov has more information about which benefits your business is obligated to provide.

Since you’re not required to offer benefits, like paid time off, health insurance and retirement, it is in your best interest to show your employees how much these benefits are adding to their total compensation.

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