Let's say you're a small business that doesn't have enough employees to warrant an entire human resources department. At the same time, the idea of manually doing payroll just doesn't suit you. After all, who wants to tackle payroll when there are estimates out there claiming...
Looking to keep your kids occupied after school, on weekends, or during school breaks? Depending on their age and abilities, think about hiring them to work for your business. Both you and the child can benefit. BENEFITS Working can help your child develop a sense of...
Commission is a sum of money an employee receives for performing a certain task. This sum is typically a percentage of sales made. While some employees receive only commission, others are paid a commission plus a salary or hourly wage. In some cases, commissioned employees...
The record-keeping provisions of the FLSA require that covered employers document certain information regarding the workweek for each nonexempt employee, including when the workweek starts and hours worked. Although the act defines a workweek as a fixed and regularly recurring period of seven consecutive workdays,...
While it’s highly unlikely that you will be held responsible in the event that a third party hacks your payroll system, a data leak like that will more than likely result in negative outcomes, not only for you and your employees but between the two...
Since the pandemic, many Americans have been struggling to get their financial houses in order. If you're wondering what a financial wellness program encompasses or what would be helpful to your employees, some areas where employees may need help in maintaining their financial wellness are: ...
Before establishing an official payroll process for your company, it’s important to think about how you want payroll to work. As you ponder your options and think about the way you want to run payroll, make sure you prioritize the following details. Otherwise, you might...
On January 10, 2024, the U.S. Department of Labor published a final rule, effective March 11, 2024, revising the Department’s guidance on how to analyze who is an employee or independent contractor under the Fair Labor Standards Act (FLSA). This final rule rescinds the Independent...
It’s that time again! Here are the minimum wage updates for 2024! We’ve organized the latest and listed them below alphabetically by state so you can scan the list and see if you need to update your payroll. Rates with an asterisk indicate that one or...
Beginning January 1, 2024, the standard mileage rates for the use of a car (also vans, pickups, or panel trucks) will be: 67 cents per mile driven for business use (up 1.5 cents from 2023). 21 cents per mile driven for medical or moving purposes...