7 Key Aspects of Payroll Compliance
Payroll compliance is about meeting your obligations as required by law, which can be confusing and complex. Here are 7 key aspects of payroll compliance. 1. Federal wage and hour laws The Fair Labor Standards Act (FLSA) sets federal wage and hour standards, which are administered by the U.S. Department of Labor. These standards cover:… Continue reading 7 Key Aspects of Payroll Compliance
Benefits Can Make You a Star Employer
Becoming an employer of choice is about positioning your company in a way that makes candidates eager to work for you and your most qualified employees likely to stay with you. When your competitors appear with tempting incentives, these candidates and employees will refuse because you are fulfilling their needs. These needs can vary from… Continue reading Benefits Can Make You a Star Employer
Popular PPP Loan Program Gets Extension
With wide bipartisan support, Congress has approved the “PPP Extension Act of 2021,” which extends the Payroll Protection Program. It had been scheduled to expire on March 31, but the application deadline is now May 31. The act further gives the SBA another month, until June 30, to process claims made by the new deadline.… Continue reading Popular PPP Loan Program Gets Extension
Good Habits Prevent Identity Theft
The Internal Revenue Service is urging people to continue practicing proper cybersecurity habits by securing computers, phones and other devices. Scams and schemes using the IRS as a lure can take on many variations, so practicing personal information security is vital. The IRS works with the Security Summit, a partnership with state tax agencies and… Continue reading Good Habits Prevent Identity Theft
Failure to Return Company Property: What Are the Payroll Rules?
When employees terminate, they should return any company property loaned to them. If they fail to do so, you might be able to dock their pay. It’s not uncommon for employers to entrust company property to employees, such as: Office keys. Building entrance badges. Uniforms. Computers/laptops. Cellphones. Vehicles. Job-specific tools or equipment. If the employee… Continue reading Failure to Return Company Property: What Are the Payroll Rules?
Employment Records Retention: What Are the Federal Laws?
How long do you have to keep records? There’s no one answer. However, we’ve summarized some of the most common federal laws relevant to employment record keeping. Note that applicability may vary by employer size. Title VII of the Civil Rights Act of 1964 Resumes. Job applications. Job advertisements and postings. Interview notes. Preemployment screening… Continue reading Employment Records Retention: What Are the Federal Laws?
Can Employers Mandate Vaccinations?
Can an employer require its employees to get vaccinated against COVID-19? It’s a simple question, but one that does not have an easy answer. In brief, companies can make vaccinations an employment requirement, but there are subtleties involved, and a disability can create an exception. The Equal Opportunity Employment Commission has provided some guidance in… Continue reading Can Employers Mandate Vaccinations?