Integrated Timekeeping: A Strategy for Preventing Payroll Errors

Under the Fair Labor Standards Act, employers are required to maintain updated records of the hours worked by nonexempt employees. According to the FLSA, employers are also expected to pay nonexempt employees for all of the hours they work. As such, it is of utmost importance that employers ensure accurate timekeeping and payroll processes as … Read more

Flexible Work Is Key to Retention

In a flexible work arrangement, employees typically get to choose their work location and their work arrival and departure times. They may also have the ability to schedule their workday however they see fit. But as noted by the Department of Labor, “Under some [flexible work] policies, employees must work a prescribed number of hours … Read more

Qualities of a Good Payroll Technology Demo

A product demonstration or demo enables vendors to present the value of their product or service to prospective buyers. So if you’re in the market for payroll technology, product demos are an essential part of the process. Before you look for demos, you’ll need to identify your payroll pain points and the necessary solutions. Then … Read more

Maryland Enacts Paid Leave Law – What It Means For You

Last month the Maryland Legislation voted to pass a paid family and medical leave insurance program. Called the Time to Care Act, the new legislation establishes a state-administered fund (the Family and Medical Leave Insurance Fund) to which employees, employers, and self-employed individuals will make contributions. It guarantees nearly all Maryland employees the right to … Read more

How To Choose a Financial Wellness Vendor

In a 2020 survey, 44.9% of respondents said they would view their employers in a better light if they provided a financial wellness program, and nearly one-third said they would participate in a financial education program if their employer offered it. A different 2020 survey found that “62% of employers feel extreme responsibility for their employees’ financial wellness, … Read more

COVID-19 Pandemic and Caregiver Discrimination 

Discrimination against a person with caregiving responsibilities may be unlawful under federal employment discrimination laws enforced by the Equal Employment Opportunity Commission (EEOC). New guidance was released earlier this week to help employers further understand the policies as it relates to COVID-19 circumstances. As the pandemic evolves, the challenge of juggling work and caregiving obligations remains. … Read more

Four Considerations to Grow Your Small-Business HR Department

The consensus among HR leaders is that once you’ve reached the 20-employee mark, it is definitely time to hire a dedicated HR professional. If your business continues to grow, you’ll likely need to expand your HR department. Consider the following to handle this initiative. 1. Timing Before you implement growth measures for your HR department, … Read more

Exempt vs. Nonexempt: Where the Dividing Line Is

Employers covered by the Fair Labor Standards Act are required to pay nonexempt employees for all hours worked. It sounds simple enough, but many people fail to understand all the forms an hour of work can take. Not understanding the nuances of this principle can lead to payroll mistakes. Below are some pitfalls to avoid. … Read more

7 Considerations When Preparing Your Payroll Budget

Most companies spend 20% to 30% of their annual revenue on payroll. The exact amount varies based on the employer’s size, industry, and staffing and operational needs. In some industries, such as service, it’s not uncommon for payroll to encompass up to 50% of revenue. For other industries, such as manufacturing and food and beverage, … Read more

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