Tax-Free Safety Rewards – SafetyIncentives.com

You Call This a Bonus?

Some bonus.

Hourly workers at Tower Automotive received $15 gift cards redeemable at Meijer grocery-retail stores before Thanksgiving. Then the automotive supplier decided the cards were “same as cash” gifts subject to federal and state income taxes totaling 36.75 percent.

That means the “gift” will take $5.51 out of the workers’ next paychecks.

“It’s got a lot of people ticked off,” said Donald McKee of Kingsley, a welding technician. “This is the lowest they’ve gone yet to give us something and then take it back.”

United Auto Workers Local 5110, which represents about 300 hourly workers, has filed a contract grievance over the matter. Some workers also have returned the gift cards rather than pay the tax. (source: cnn.com)

Request our DVD below and see how our tax-free safety rewards program can impact your bottom line.

Did you know that income taxes are gobbling up half of your incentive budget?

“At first, we thought we could award incentive gift cards to Walmart, Sears, and other stores without bothering to tax them, but we

learned how wrong we were after that painful IRS audit.”

“Our employees were furious that they had to pay income tax now on their safety incentive awards! Some of them even refused their gift cards rather than be taxed. So we switched to cash. And that was even worse. Now our cash safety incentive program has become expected and part of compensation. We’ve concluded it yields us zero employee behavior change! Are we really getting anything out of this? Isn’t there a legal way to reward

our employees income tax free?”

Yes there is! Our tax free STAR PERKS Safety Incentive Program helps you and your management team reward star performers easily, consistently, and quickly,

Since each solution is custom built for you, the easiest way to start is a free 10 minute needs assessment.

Our legal, tax-free safety rewards programs puts 100% of your budget to work for you, instead of half or more of it going up in smoke to income taxes.

You Call This a Bonus?

Did you know that income taxes are gobbling up half of your incentive budget?

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