2022

What is a flexibility clause in a contract?

What is a flexibility clause in a contract? Flexibility clauses are terms in a contract that give employers the right to change some conditions of employment, for example relocation. Employers can only use flexibility clauses to make reasonable changes. Can employees be dismissed for refusing to accept new terms and conditions of employment? If they […]

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How do you charge employees for personal use of company vehicle?

How do you charge employees for personal use of company vehicle? To use this method, multiply the annual lease value of the car (via the IRS Annual Lease Value table) by the percentage of personal miles driven. This will give you the Fair Market Value (FMV) of the employee’s personal use of a company-provided vehicle.

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