Assignment: HRM Legal Environment-Employment Law Issues
Create a 850 words paper.
Identify areas of employment law liability and evaluate possible solutions to reduce your organization's liability.
Federal and state taxes are not the only items withheld from your paycheck. There are other options such as benefits, the Federal Insurance Contribution Act (FICA), the Employee Retirement Income Security Act (ERISA), and Social Security. Watch the videos A Primer on Social Security and A Primer on the FICA Tax located in this week's M.U.S.E. to get a better understanding of both FICA and Social Security.
Review the following videos:
Social security intro
FICA tax
Respond to the following questions:
What role does Social Security play in employee retirement?
What is the relationship between FICA, ERISA, and Social Security?
What are some real world examples of retirement planning programs?
What would be considered an example of fiduciary responsibility under ERISA?
Please reference the videos on the references.
Attachment:- video reference.rar