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Category: Company Policy

Importance of a Good PTO Policy

Paid time off (PTO) is an 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

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?

Employment Record Retention: What Are the Federal Laws?

An important question to ask yourself when dealing with employment (and really any business-related paperwork) is how long are you required to keep the records? Unfortunately when it comes to record retention, there is a myriad of answers and a multitude of regulations for different scenarios. We’ve summarized the most common federal laws that relate… Continue reading Employment Record Retention: What Are the Federal Laws?

Introducing Competency-Based Interviews at Your Business

It might sound like common sense, but you’d be surprised how many firms underestimate the importance of competency-based interviews. Ongoing research shows that competency-based hiring procedures not only improve the initial quality of hires, but also increase employee retention levels and grants access to wider, more diverse field of potential candidates. Surveys show employers note… Continue reading Introducing Competency-Based Interviews at Your Business

Paid Vacation Rules

Paid vacation is one of the most common employee benefits offered by employers. Employers are in control when determining home many days of vacation to offer, who can take vacation, how paid vacation days accrues, and when vacation days can be used – so long as they adhere to state regulations. While there are few… Continue reading Paid Vacation Rules

Could Remote Work Be Here to Stay?

Even as vaccines roll out, many employees have embraced remote work and aren’t eager to return to the physical office. 70% of employees would like to continue to work remotely part of the time post-COVID-19, according to Glassdoor. Research from PricewaterhouseCoopers showed that employers and employees disagree about what the post-pandemic return to work might… Continue reading Could Remote Work Be Here to Stay?