Overview
Capital
Currency United States Dollar (USD)
Taxes
Employer 6.20% - Social Security Tax
1.45% - Medicare Rate
Up To 4.62% - State Taxes
Employee
Termination
Termination Process Kansas follows “employment at will” doctrine which means both the employee and employer are allowed to terminate the employment at any given time without a reason Therefore at the time of termination, the employer much pay all the necessary wages up to the day of termination.
Mandatory Benefits
Pension Fund Employer:contributes a percentage of the total payroll per month for the employees pension funds. The contribution percentage is not specified.
Employee:contributes a percentage of the total payroll per month for pension funds. The contribution percentage is not specified.
Social Security As of 2011, after the Tax Relief, Unemployment Insurance Re-authorization and Job Creation Act of 2010, the Social Security tax rate is 4.2 percent of an employee's wages. In addition, there is a limit to the amount of wages that are subject to Social Security taxes. In 2016, the taxable wage base is be $118,500.
Advance Notice While there is no official period required, the general practice is is 2 weeks.
Severance Pay Kansas law does not either require or prohibit severance payments. It depends on the employer’s agreement with the employee.
Minimum Wage
General Minimum wage is $7.25 per hour.
Non Mandatory
Expat Benefits There are no official expat benefits. However different companies can offer special benefits for the expats working for them. Benefits differ from one company to another.
Payroll
Additional Employee Withholding
Federal:
1. Medicare - 1.45%
2. Social Security - 6.2%
3. Unemployment Tax - 6.0% and maximum taxable earnings are $7,000
State:
1. Unemployment Insurance - 2.7%
1. Medicare - 1.45%
2. Social Security - 6.2%
3. Unemployment Tax - 6.0% and maximum taxable earnings are $7,000
State:
1. Unemployment Insurance - 2.7%
Federal:
1. Medicare - 1.45% (additional 0.9% contribution for employees earning less than $200,000)
2. Social Security - 6.2% with salary ceiling of $118,500
3. Unemployment Tax - 0%
State:
1. Unemployment Insurance - Voluntary contributions permitted.
1. Medicare - 1.45% (additional 0.9% contribution for employees earning less than $200,000)
2. Social Security - 6.2% with salary ceiling of $118,500
3. Unemployment Tax - 0%
State:
1. Unemployment Insurance - Voluntary contributions permitted.
Paid Time Off
Vacation days The state law does not require official vacation time to be given to the employees. It depends on the agreement with the employer.
Sick days No official law requires the employer to give employees sick days. Depends on the prior agreement upon start of employment.
Public Holidays There are 9 official holidays, however private employers are not required to provide either time off or overtime pay on these days.
VAT
General The state sales tax is 6.5%, however in some local municipalities, the total tax rate can be up to 10.5%.
