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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.
HR (software), mathematical theory generator; Half Rate (HR or GSM-HR), a speech coding system; Other uses in science and technology. Hazard ratio; Hertzsprung–Russell diagram (H-R, HRD), in astronomy and astrophysics; High-resolution high-definition (HRHD, HR, HRHDTV or HR.HDTV) image resolution; Hour (hr) HR, Bright Star Catalogue prefix ...
Alight, Inc. Alight Solutions is an Information technology and consulting company based in Lincolnshire, Illinois. The company provides cloud-based digital business and human capital service solutions; particularly within the areas of wealth, health and Human Resources. [1] The company went public on July 6, 2021, trading in the New York Stock ...
The role of E-HRM is significant in modern HR practices. Traditional HRM encompasses various functions such as recruitment, selection, development, compensation, retention, evaluation, and promotion of personnel within an organization. These functions can largely be adapted to the virtual. [5] However, with the emergence of E-HRM and virtual ...
Pradhan Mantri Suraksha Bima Yojana (PMSBY, translation: Prime Minister's Safety Insurance Scheme) is a government-backed accident insurance scheme in India. It was originally mentioned in the 2015 Budget speech by Finance Minister Late Arun Jaitley in February 2015. [1] It was formally launched by the Prime Minister Narendra Modi on 8 May in ...
Employment agency. An employment agency is an organization which matches employers to employees. In developed countries, there are multiple private businesses which act as employment agencies and a publicly funded employment agency.
Taxation in the United States. Internal Revenue Code Section 132 (a) provides eight types of fringe benefits that are excluded from gross income. These include fringe benefits which qualify as a (1) no-additional-cost service, (2) qualified employee discount, (3) working condition fringe, (4) de minimis fringe, (5) qualified transportation ...
Benefit concert. A benefit concert or charity concert is a type of musical benefit performance (e.g., concert, show, or gala) featuring musicians, comedians, or other performers that is held for a charitable purpose, often directed at a specific and immediate humanitarian crisis . Benefit concerts can have both subjective and concrete objectives.