Social Security Wage Base Increases to $117,000 in 2014
The Social Security Administration (SSA) announced on Wednesday, October 30, 2013, that the 2014 social security wage base will be $117,000, an increase of $3,300 from the 2013 wage base of $113,700). As in prior years, there is no limit to the wages subject to the Medicare tax; therefore, all covered wages are still subject to the 1.45% tax. As in 2013, wages paid in excess of $200,000 in 2014 will be subject to an extra 0.9% Medicare tax that will only be withheld from employees' wages. Employers will not pay the extra tax.
The FICA tax rate, which is the combined social security tax rate of 6.2% and the Medicare tax rate of 1.45%, will be 7.65% for 2014 up to the social security wage base. The maximum social security tax employees and employers will each pay in 2014 is $7,254. This will be an increase of $204.60 for employees and employers.
TCU - A Great College to Work For!
For the third consecutive year, The Chronicle of Higher Education has selected TCU as one of the top universities honored as a “Great Colleges to Work For” institution, and because it scored well in more than four categories, it was also named to the Honor Roll.
TCU was honored in eight of the twelve categories including:
Professional/Career Development Programs
Compensation & Benefits
Facilities, Workspaces & Security
Job Satisfaction & Support
Confidence in Senior Leadership
Respect and Appreciation.
Finding Humor in the Holidays
Tuesday, December 2, 2013
Dee J. Kelly Alumni and Visitors Center, Cox A
Don’t let the holidays make you crazy. Sally Baskey returns to campus to help us find the funny side of this stressful time of the year. Sally is convinced that humor can diffuse life’s difficulties and uses her theater training and year of experience in business to show us how it’s done. Sally brings us plenty of cheer, just before the holidays!
Search Course Name: Finding Humor in the Holidays
Presented by Staff Assembly
Tuesday, December 3rd
11:30am – 1:00pm
Tucker, room 139.
Do you have the opportunity to do what you do best every day? Learn how your talents can help you develop personally and professionally. You will complete a short online assessment, the Clifton StrenghsFinder, prior to the lunch and learn date and receive a customized report that lists your top five talent themes. Participants will bring their customized report to the lunch and learn for review. (You will receive a code and a link to complete the StrengthsFinder once registered for this event).
Dr. Robin Williamson, Asst. Dean of Student Development will share with us how to use your identified talents to achieve career and personal success.
*This workshop has a limited enrollment and is for people who have never participated in the StrenghsQuest training before.
Search Course Name: StrengthsQuest Workshop
Managing Different Generations
Thursday, December 5, 2013
HR Expert and Consultant DiAnn Sanchez discusses managing across generations. Learn to talk the talk with your staff, whether they be Generation X, Y, or Z.
Search Course Name: Managing Different Generations
ING Talks Retiring for Women
Wednesday, December 4, 2013
Dee J. Kelly Alumni and Visitors Center, Monroe Conference Room
Lisa Emmons, investment planner and retirement expert with ING, returns to TCU to discuss ING's options for the woman investor. Find out why women need to take control of their financial future from TCU’s newest retirement vendor, ING!
Search Course Name: Retirement for Women
To RSVP, please use https://my.tcu.edu. Select Employee Center and scroll down to “Request Training Enrollment.” Choose your desired course by viewing available sessions. For additional help or immediate enrollment, please contact HRTraining@tcu.edu