Posts Tagged ‘Payroll’
The Basics of Outsourcing Payroll and Human Resources
The Basics of Outsourcing Payroll and Human Resources A company is run by a combination of different departments, chipping in to fulfill their responsibilities. The failure of one division can send the whole enterprise spiraling out of control. Unfortunately, not every business has the budget or the human power to maintain an in-house team. In…
Read MoreIs It Illegal To Pay My Employees Late?
Is It Illegal To Pay My Employees Late? Following the law regarding employee pay is important to avoid lawsuits and costly penalties. It is illegal to pay your employees late, and doing so could result in legal action. Here’s what you need to know about late payment of employees. Federal Law Regarding Late Payment The…
Read MoreWhy Your Company Should Look Into Payroll Processing
Why Your Company Should Look Into Payroll Processing Operating a business is difficult and requires owners to take on multiple stressful, time-consuming responsibilities they may not have time for. Paying employees is one more responsibility for every business owner to deal with. Employees may loss morale, quit, talk bad about, or sue your company if…
Read MoreWhat are the Differences between Human Resources and Human Capital Management?
What are the Differences between Human Resources and Human Capital Management? When it comes to finding the right way to manage a company, many people are looking to implement either methodology from human resources or human capital management. Many people are familiar with the former model of employee management because it has been in place…
Read MoreWhat Does HR1180 Working Families Flexibility Act Mean for Business Owners?
What Does HR1180 Working Families Flexibility Act Mean for Business Owners? In the midst of much political disagreement as of late under the new presidency, some confusion has arisen among the public about what some of the new bills going through Congress and Senate are really about. Seemingly, the two houses are working to overturn…
Read MoreTop 5 Reasons to Hire a Local Payroll Company
Top 5 Reasons to Hire a Local Payroll Company Many business owners are finding themselves growing in the area of staffing and payroll to the point that it has become more challenging manage than anticipated. Payroll is a very specialized form of accounting that requires very careful attention to detail. As a business owner, you…
Read MoreAre Business Owners Covered by Workers’ Compensation, and When Should Owners Get Compensation Coverage?
Are Business Owners Covered by Workers’ Compensation, and When Should Owners Get Compensation Coverage? In almost every state, having workers’ compensation is mandatory for all for-profit businesses with very few exceptions. There are penalties for those who do not have the mandatory coverage for their employees. If you don’t have employees, you’re likely wondering if…
Read MoreGive Employees a Break and Watch What Happens
Give Employees a Break and Watch What Happens Work breaks serve an important purpose during the work shift. They are needed by every person, no matter their seniority, to achieve optimal performance and complete the day’s tasks. But do employees really have to take breaks? What to Know About Work Breaks Facts U.S. federal law…
Read MoreDo I Need a Payroll Service?
Do I Need a Payroll Service? A business has many things it must accomplish in order to succeed and grow. One of the most important aspects of it will be having an efficient payroll system. With the payroll being done internally, a company will have to hire and train additional employees to handle all aspects…
Read More3 Ways to Prepare for a Workers’ Comp Audit
Workers’ comp audits are performed to ensure that the premiums employers pay for workers’ comp insurance accurately reflect their respective risks. Most insurers check to make sure that employers and employees are properly classified and that the payrolls used for rating purposes are timely and accurate. If wrong classifications are detected, then the auditors…
Read More