Registration for our Virtual Global Workforce Symposium is now OPEN!
The state of Washington has enacted legislation that imposes a new payroll tax of .58% on all employee wages. H.B. 1087, signed into law May 13, 2019, is effective July 28, 2019. The tax is estimated to raise some $1 billion annually, which will be used to fund payments for long-term care insurance, up to $100 per day per beneficiary and up to 365 days.
The money will cover costs currently not covered by Medicare, beginning in 2025. Beneficiaries must be at least 18 years old and:
Employees who can demonstrate that they have long-term care insurance are exempt from the tax.
The tax is controversial, with Republicans having unsuccessfully sought to have the tax go before voters for a November vote.
How This Impacts Mobility
Taxes will go up for many employees in Washington State, which will complicate gross-up calculations and transfer discussions for transferees to that state. Employers will also have to reprogram systems to collect and remit the new tax.
The U.S. Citizenship and Immigration Services published a final rule which will implement new and increased fees for...
This week, Worldwide ERC® signed onto a letter led by the U.S. Chamber of Commerce calling on Congress to provide emp...
Benchmark your entire program with real data, filtered to your needs, using our first-of-its-kind, cloud based, interactive benchmarking platform.
Worldwide ERC®’s framework for safe and successful workforce mobility now and post-COVID-19 will help you plan.
Finding the mobility professionals you need all over the world just got easier with our new, user-friendly Directory
Mobility is Worldwide ERC®’s monthly magazine, delivering industry and business news and updates, as well as insights on global talent mobility programs, tips and trends.
The Worldwide ERC community is the largest and most engaged group of mobility experts on the planet.