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Salary packaging (also known as salary sacrifice or salary exchange) is the inclusion of employee benefits (also called fringe benefits) in an employee remuneration package in exchange for giving up part of monetary salary. Such arrangements are entered into most commonly if there are tax or other benefits to be derived by the employer or ...
An employer in the United States may provide transportation benefits to their employees that are tax free up to a certain limit. Under the U.S. Internal Revenue Code section 132(a), the qualified transportation benefits are one of the eight types of statutory employee benefits (also known as fringe benefits) that are excluded from gross income in calculating federal income tax.
Montgomery County Public Schools (MCPS) is a public school district that serves Montgomery County, Maryland. With 210 schools, it is the largest school district in the state of Maryland . [ 1 ] [ 3 ] For the 2022–23 school year, the district had about 160,554 students taught by about 13,994 teachers, 86.4 percent of whom had a master's degree ...
The Office is the Governor's designate representative in recognized employee organization negotiations and developing and implementing employment relations policy. This Office after consulting with department heads makes recommendations to the Civil Service Commission regarding pay scale and other benefits for non-exclusively represented employees.
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A severance package is pay and benefits that employees may be entitled to receive when they leave employment at a company unwilfully. In addition to their remaining ...
The Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) is a law passed by the U.S. Congress on a reconciliation basis and signed by President Ronald Reagan that, among other things, mandates an insurance program which gives some employees the ability to continue health insurance coverage after leaving employment.
Map of M-NCPPC Region. The commission is divided into seven departments, two for Montgomery county: the Department of Parks and the Department of Planning; two for Prince George's County: the Department of Parks and Recreation and the Department of Planning; and three that are cross-county: the Department of Human Resource Management, the Department of Finance, and the Office of the General ...