Payroll and Benefits Guide - United States - Nevada

United States - Nevada
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Currency

United States Dollar (USD)
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Capital

Carson City
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Employer Taxes

11.55% – 22.05%
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Date Format

mm/dd/yyyy
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Fiscal Year

1 Jan – 31 Dec

Fun Facts

Nevada has no income tax, making it a popular destination for individuals and businesses seeking tax advantages.

Las Vegas, the most populous city in Nevada, is often referred to as the “Entertainment Capital of the World.”

Nevada is the driest state in the country, with an average annual rainfall of only about 7 inches.

The iconic Area 51, a top-secret U.S. military facility, is located in the southern part of Nevada.

Nevada has the highest number of hotel rooms per capita in the United States.

Lake Tahoe, a large freshwater lake situated on the Nevada-California border, is the second-deepest lake in the United States.

Contributions

Employee Payroll Tax

Contribution Type Rate
FICA Social Security 6.20%
FICA Medicare 1.45%
Additional tax 0.90%

Employer Payroll Tax

Contribution Type Rate
Unemployment 0.33%- 5.40%
Unemployment- New Employer 3.00%
FICA Social Security 6.20%
FICA Medicare 11.45%
FUTA 0.60% – 6.00%

Payroll

Payroll Cycle

Employees are paid monthly or semi-monthly.

13th Salary

There are no provisions in the law regarding 13th salaries.

Work Hours and Week

In Nevada, the workweek is a maximum of 40 hours per week or 8 hours per day.

Overtime

Nevada adheres to the Fair Labor Standards Act (FLSA), and work in excess of 40 hours per week is considered overtime and paid at the rate of 150% of the regular pay.

Leave

Paid Time Off

Nevada does not have any state laws that govern the amount and payment of vacation time.

Public Holidays

There are 11 official holidays

Sick Days

It is common for an employer to follow the Family and Medical Leave Act (FMLA) which provides certain employees with up to 12 weeks of unpaid, job-protected leave per year for certain family and medical reasons.

Maternity Leave

Maternity leave falls under the Family Medical Leave Act (FMLA) .

Paternity Leave

Paternity leave falls under the Family Medical Leave Act (FMLA) .

Parental Leave

Parental leave falls under the Family Medical Leave Act (FMLA) .

Termination

Termination Process

Except in mass dismissals or as provided for in an employment contract or a collective bargaining agreement, U.S. law does not impose a formal “notice period” to terminate an individual employment relationship, and employment is stipulated “at will.”

Notice Period

In Nevada, most employees are employed “at-will,” and either party can terminate the employment relationship without notice.

Severance Pay

Except as otherwise provided in an employment contract or collective bargaining agreement, are not required to pay severance. Many employers choose to offer severance based on the length of employment.

Probation Period

Probation Period

There are no provisions in the law regarding trial or probation periods. However, it is common practice for employers to set a performance evaluation after an initially stated period of employment of 90 days.

VISA

VISA

Foreign nationals without permanent resident status or a work visa are not permitted to work in the United States.

VAT

Nevada has a minimum combined sales tax rate of 7.948% (state tax is 4.6% and average local tax is 3.366%).