Don't HR Alone #37 - Missouri Tax Updates, Changes in Women's benefits, and Salary History Q

Missouri tax rates to go down in 2018 — MISSOURI — Withholding and Reporting

A majority of Missouri residents and small business owners will see their personal income tax bills go down in 2018, according to Missouri Sen. Will Kraus. Pursuant to S.B. 509, Laws 2014, beginning in 2017, if net general revenue collected in the previous fiscal year exceeds the amount collected in any one of the three previous years by at least $150 million, the top Missouri personal income tax rate will go down by 0.1%, and a personal income tax deduction will be allowed equal to 5% of business income. The trigger point for these tax cuts was recently met. The legislation provides for increasing tax cuts over a five-year period, provided the revenue target continues to be met each year. In the event of another economic downturn, the tax cuts will stop until revenue increases again. (News Release, Missouri Sen. Will Kraus, July 10, 2017.)

SHRM survey shows some women’s benefits rise while others fall — SURVEY RESULTS

According to the Society for Human Resource Management’s newly released Employee Benefits Survey, 30 percent of organizations currently provide paid maternity leave beyond what is covered by short-term disability or state law, an increase from 26 percent in 2016. Fewer employers on the other hand—24 percent—offer paternity leave. However, while some women’s benefits are on the rise others are on the decline. For example, contraceptive coverage has decreased by 7 percentage points compared to just five years ago.

Additional findings include:

  • Two-thirds of women (66 percent) use all paid maternity leave, while far fewer male employees used all available paternity leave. In fact, female employees were almost twice as likely as men to use all parental/family leave.

  • On-site lactation rooms (42 percent) increased 8 percentage points compared with 2013.

  • 75 percent of employers said they offer contraceptive coverage compared to 82 percent in 2013.

  • Only one-quarter (24 percent) of