A company’s culture is the way that all employees and management interact without the business. While it is difficult to officially state in words what a company culture is because it is more of an impression that one feels when exposed to business as an outsider. A company’s culture is usually developed over a long…
When you are run a small business, you will be the one to decide whether or not your employees will receive their paid time off work. If you decide to provide sick days and paid vacation as part of employee benefit, it is best that you know where you should start in the first place.…
Many jobs are regarded as at will employment, yet employees could still end up suing their employer when the cause of termination is found to be illegal. Thankfully, termination is common in every workplace, so it is a must to deal with it with professionalism and delicacy. Below are some simple tips to save your…
The benefits are an essential part of the compensation package of an employee. A famous benefit you may offer is retirement plan for the employees. In private industry, about sixty-six percent of the workers have access to the retirement benefits. Out of the retirement plans available, 401(k) plans are considered as the most popular. What…
Nothing is more important than you and your loved ones’ health. It is inevitable that you or someone you love will have some medical expenses in the near future. That is why setting aside some cash is a must. Accounts like HSAs and FSAs can help you do this while helping you save money through…
Pre-tax deductions refer to qualified deductions which lower the taxable wages of your employees. You will deduct their contribution from the gross wages prior to determining their tax withholding. There are pre-tax deductions which also subtract the taxable wages for the income tax. Meanwhile, others reduce the taxable wages for Medicare and Social Security taxes.…
When you run a small business with several employees, a sizable chunk of expenses in your business will go to paying your workers’ wages. For an employer, it is a must to keep track of your year-to-date payroll. Year-to-Date Payroll: A Short Definition Year-to-date payroll or YTD refers to the amount of money being spent…
You have probably heard of unfair scheduling and scheduling abuse in the workplace. For some, employers, they don’t really give much time with planning schedules and policies on time off. However, when you are a business leader or manager, you should make it your priority to ensure a fair and smooth running workforce to lessen…
There will always come a time when you need to change the pay of an employee, which can be either for good, or at times, for bad. You need some things to make sure that there will be smooth adjustments of the wages of your employees. However, before you make any employee pay adjustments, you…
Do you want to convert to another payroll provider, yet you’re hesitant to make some changes? Perhaps you are concerned that the process is time consuming with the issues including missed payroll periods and data errors. The most effective and successful payroll conversion has a streamlined conversion process, which meets the company’s unique needs while…