Effortless onboarding: Whether you're hiring a new employee or contractor, Rippling makes it easy to get them up and running quickly.It’s our mission to simplify HR, IT, and finance-all the mechanics of running a business of 2 or 20,000. Rippling can also help you take care of those compliance obligations we mentioned above-automatically. Welcome to the part where we tell you that Rippling can help you onboard employees and contractors in 90 seconds. HRIS (Human Resources Information System) providers like Rippling can help employers streamline employee benefits management and ensure you stay compliant with federal and state regulations.

W-2 employees may be entitled to benefits like healthcare and retirement plans, and their employer must comply with various employment laws and regulations that apply to employees, including minimum wage laws, overtime laws, anti-discrimination laws, and workers' compensation laws.

The employer is also responsible for paying a matching amount for the Social Security and Medicare taxes. W-2 employees are typically subject to the direction and control of the employer in the performance of their work, and their employer withholds federal income tax, Social Security tax, and Medicare tax from their paychecks.

A recent survey found that 92% of US tax filers received W-2 income as employees.Īccording to the IRS, every employer “engaged in a trade or business who pays remuneration, including noncash payments of $600 or more for the year” (essentially any company that pays for their employees’ services) must file a W-2 form. A W-2 employee is named after a form issued by the IRS to report wages and taxes paid to an employee of a company.

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