Author: Robert Hernandez

There are many ways to run afoul of overtime laws. Below are some of the most common — review them to ensure that you're always in compliance. Misclassifying exempt and nonexempt employees   Under the Fair Labor Standards Act, exempt employees do not have to be paid overtime...

29 June, 2021

If your payroll provider handles your payroll-processing responsibilities, you might not see the need to learn the ins and outs of calculating net pay. But imagine an employee seeking clarification on his or her take-home pay — do you know all the details? It's important to...

28 June, 2021

This is the first of two tax tips providing an overview of how the American Rescue Plan may affect some individual’s 2021 taxes. Child and dependent care credit increased for 2021 only   The new law increases the amount of the credit and the percentage of employment-related expenses...

25 June, 2021

Shift differential refers to the extra, or premium, pay that certain employees receive for working outside normal business hours. For example, if normal business hours run from 8 a.m. to 5 p.m., shift differential would apply to hours worked between 5 p.m. and 8 a.m. Shift...

23 June, 2021

Although many employees take advantage of their employer's 401(k) plan offerings, some do not. In a 2017 report, Pew Research cited the following reasons for lack of participation: more pressing financial needs, problems with eligibility, or saving for children's tuition or the down payment on...

22 June, 2021

We live in a fast-paced society where people are forever on the go. There's hardly ample time for work-life balance, let alone continuing education. Yet studies show that employees want opportunities for learning and development. According to a Gallup survey, 87 percent of millennials say professional...

21 June, 2021

There are two instances in which an employee may present you with their Social Security card: for payroll purposes and for I-9 purposes. But, while you can ask that employees show you their Social Security card for payroll purposes, you cannot tell them to use...

18 June, 2021

Most employers must carry workers' compensation insurance. Employers can typically purchase the insurance policy through either the state or a private insurance company. Under a traditional policy, premiums are based on your estimated payroll for the upcoming policy year. This anticipated premium can be paid as...

17 June, 2021

Time and labor (also called time and attendance) involves tracking employees' start and end times, early departures, late arrivals, breaks taken and absenteeism. Payroll involves, among other things, making sure employees are paid correctly based on their time-labor records. The two functions are enmeshed, but at...

16 June, 2021