Ensuring Payroll Protection for Unexpected Financial Challenges
As a business owner, you understand the importance of timely and consistent payroll. Not only is it a legal obligation, but it also plays a crucial role in maintaining employee satisfaction and loyalty. Unexpected financial challenges can make it difficult to meet payroll demands, leading to stress and potential consequences for your business. Smart business… Continue reading Ensuring Payroll Protection for Unexpected Financial Challenges
Key Differences between FLSA Exempt and Non-Exempt Employees
The Fair Labor Standards Act (FLSA) is an important piece of labor legislation designed to protect the rights of employees and ensure fair treatment throughout the workplace. Employees and employers must be aware of what their FLSA classification is. An employee is either FLSA exempt or FLSA non-exempt. So, how do you know the classification… Continue reading Key Differences between FLSA Exempt and Non-Exempt Employees
Importance of a Good PTO Policy
Paid time off (PTO) is a critical part of your company’s overall benefits package… if you have a good policy. It is an essential component of a comprehensive employee benefits package, and demonstrates to your employees that you value their work-life balance and well-being. A well-designed and planned PTO policy will also help attract and… Continue reading Importance of a Good PTO Policy
Employee Tax Withholding: Advice for Employers
Tax season is here, and at least one of your employees is likely asking you why their refund was so big this year, or worse… why they owe so much money. You’re not a tax professional, so if you don’t know the answer, that’s normal! However, we’re here to give you some quick advice on… Continue reading Employee Tax Withholding: Advice for Employers
What Is The Employee Retention Credit (ERC) and Its Benefits?
It’s tax filing season, and our clients are working hard to close out their 2022 filings. However, there’s a potentially huge payroll tax credit some businesses are missing – and we want to make sure that doesn’t happen to any of our clients! That tax credit is called the Employee Retention Credit (ERC). If you… Continue reading What Is The Employee Retention Credit (ERC) and Its Benefits?
Vacation Time is a Benefit, Bonus, and Boost for your Team
Vacation time can be a polarizing subject for employers. Employers are always reticent to pay for someone to not do their job. Employees, on the other hand, quite enjoy having the time off when it doesn’t impact their salary. However, we suggest reframing how you think about vacation time and PTO. Instead of thinking of… Continue reading Vacation Time is a Benefit, Bonus, and Boost for your Team
How are Bonuses Taxed?
Bonuses are a popular way to increase employee loyalty and reward a year’s worth of “jobs well done”. However, as far as payroll goes, they are often misunderstood. With those holiday bonuses on the way, let’s cover one of the most common end-of-year payroll questions: how are bonuses taxed? It’s an oft-repeated question, especially at… Continue reading How are Bonuses Taxed?
When To Outsource Your Small Business Payroll
For a small business, payroll management can be the most stressful task in your month-to-month operations. There’s so much minutiae, paperwork, and regulations. It can be incredibly time-consuming, but you absolutely cannot take any shortcuts… the stakes are far too high. If you make a mistake on your small business payroll, someone could get paid… Continue reading When To Outsource Your Small Business Payroll
Remote Onboarding in the Modern Age
There’s something to be said for starting off on the right foot, and if your onboarding process is antiquated, cumbersome or not representative of your company’s capabilities and culture, it can send the wrong message from the get-go. A well-defined but flexible onboarding process can be the difference between a new star employee and having… Continue reading Remote Onboarding in the Modern Age
Companies Need To Pay Attention to Gen Z
Finding reliable and retainable talent is an issue for every business, from the Fortune 500 companies to the small and medium-sized businesses (SMBs) down the street. One of the best ways to attract and retain talent, and to create a longstanding and enduring company culture, is to curate a multigenerational workforce… and that means companies… Continue reading Companies Need To Pay Attention to Gen Z