Health Insurance Plans and Alternatives for Small Businesses
Health care plans can be a bit of a double edged sword; you can bundle them in with compensation plans to entice talent to join your organization, but the costs can be prohibitive. Plus, with major differences between plans, it can be difficult to pick one that will work for all of your employees. Since… Continue reading Health Insurance Plans and Alternatives for Small Businesses
Paperless Payroll for Employers: Benefits & How to Switch
Paperless payroll is, as the name implies, a paper-free (digital) payroll fulfillment process that has gained a massive amount of popularity in recent years, which was accelerated by the pandemic. There are tons of benefits to switching away from the traditional payroll process – benefits which we’ll list below! Keep reading… The Benefits Of Paperless… Continue reading Paperless Payroll for Employers: Benefits & How to Switch
Paid Vacation Rules: PTO Policies, Accrual & State Laws
Paid vacation is one of the most common employee benefits offered by employers. Employers are in control when determining how many days of vacation to offer, who can take vacation, how paid vacation days accrue, and when vacation days can be used – so long as they adhere to state regulations. While there are few… Continue reading Paid Vacation Rules: PTO Policies, Accrual & State Laws
Creating a Post-Pandemic Talent Retention Plan
Attracting talent is a necessary part of the Human Resources equation… but a small business that is able to retain its most talented employees has the potential to grow into a long-lived, profitable company. On top of our payroll services, our role with many of our partners is working with them on talent retention. See… Continue reading Creating a Post-Pandemic Talent Retention Plan
14 Important Payroll Terms You Should Know
Regardless of your level of involvement in payroll, there are certain terms that you should know. Below is a roundup of words that are commonly used in the payroll industry. After-tax deductions These deductions are subtracted from employees’ wages after pretax deductions and payroll taxes have been taken out. After-tax deductions — such as wage… Continue reading 14 Important Payroll Terms You Should Know
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
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 tests… Continue reading Employment Records Retention: What Are the Federal Laws?