Glosarium Manajemen Sumber Daya Manusia dan Ketentuan Tunjangan Karyawan
Social security wages are the income earned by an individual governed by social security tax which includes salary, wages, tips, and bonuses under social security wages. The social security wage has a maximum taxable income limit of $160,200 for 2023, known as the social security wage base.
Social security wage is also known as covered wages, the earnings on which employees pay Social security taxes. These wages are withheld from the payroll tax from the employee’s pay-check to fund the social security program.
Social security wage includes various forms of compensation and income earned through employment or self-employment.
The amount of Social Security tax withheld is forecasted by the current social security tax rate, a fixed percentage of an employee’s social security wage.
There is a maximum limit on social security wages; once the employee reaches the base limit, there is no more charge for the year. Furthermore, the limit gets adjusted and is subject to change.
Yes, tips are included in social security wages. Tips are covered under income and subjected to social security wages.
Tips that count as social security wages are:
The social security wage base is also referred to as the Social Security taxable wage base or the social security earning limit, which is the maximum amount of earnings on which social security taxes are assessed in a particular year. That is considered as the threshold above. No add-on social security taxes are withheld.
To calculate the employee’s social security wages,
Consider the gross pay amount and subtract any exclusions, such as food expenses, in a meeting.
For instance,
An employee earns $50,000 in wages and $2000 in tips, considering the current social base of $160,200.
Now calculating the Social Security wages:
Total Earning= Wages + Tips
$50,000 + $2000 = $52,000
Since $52,000 is below the Social Security wage base, the whole amount would be considered Social Security wages.
Note: If the amount were above the social security wage base, the percentage would be deducted and withheld with the Social Security Tax.
It is necessary to note that calculating social security wages may include add-on factors depending on different circumstances, for example, self-employment income or special tax provisions.
The earnings that may exclude from social security wages are as follows:
No, social security wages and gross income are not the same, the amount of social security wage and gross income are sometimes identical, but the concepts are different.
Social security wages mainly refer to the chunk of an employee’s earnings that are withheld to social security tax, which is determined by the amount from the employee’s pay- check. In contrast, gross income is the total amount of income received or earned by an employee before any withholdings.
Gross income is a larger concept that incorporates all income or revenue types. On the other hand, social security wages are particularly concerned with social security tax.
Ini adalah survei singkat yang dapat sering dikirim untuk memeriksa pendapat karyawan Anda tentang suatu masalah dengan cepat. Survei ini terdiri dari lebih sedikit pertanyaan (tidak lebih dari 10) untuk mendapatkan informasi dengan cepat. Ini dapat diberikan secara berkala (bulanan / mingguan / triwulanan).
Mengadakan rapat berkala selama satu jam untuk obrolan informal dengan setiap anggota tim adalah cara terbaik untuk mendapatkan gambaran sebenarnya tentang apa yang terjadi dengan mereka. Karena ini adalah percakapan yang aman dan pribadi, ini membantu Anda mendapatkan detail yang lebih baik tentang suatu masalah.
eNPS (employee Net Promoter score) adalah salah satu cara paling sederhana namun efektif untuk menilai pendapat karyawan Anda tentang perusahaan Anda. Ini termasuk satu pertanyaan menarik yang mengukur loyalitas. Contoh pertanyaan eNPS meliputi: Seberapa besar kemungkinan Anda merekomendasikan perusahaan kami kepada orang lain? Karyawan menanggapi survei eNPS pada skala 1-10, di mana 10 menunjukkan bahwa mereka 'sangat mungkin' untuk merekomendasikan perusahaan dan 1 menandakan bahwa mereka 'sangat tidak mungkin' untuk merekomendasikannya.