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

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

Is This Your Situation: You Want a Paperless Payroll

Paperless payroll is a paper-free payroll process that has become hugely popular in recent years. But despite the groundswell of support for paperless payroll solutions, employers should examine the details before making the switch.  Six pros of paperless payroll Electronic storage — Stores payroll documents on your computer, eliminating clutter and making payroll documents easier … 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

The Essentials: HR, Benefits and Payroll Checklists

Human resources, employee benefits and payroll functions are separate yet intertwined, and checklists are essential to staying on top of your responsibilities for each one. Below are examples of what might be included in these checklists. Human resource management checklist HR department plan: Lays out the structure and operation of your human resources department. Recruiting … Read more

Is This Your Situation: You’re Spending Too Much on Bookkeeping

Wondering what your options are to reduce spending and increase income? Here are some tips: Organizing your finances is the foundation for financial success. Receipts scattered? Can’t keep up with payments that are due? Missed payments result in late fees and interest charges, and all those do are increase the overall amount to be paid … Read more

Is This Your Situation: Feeling Overwhelmed by Payroll

Do you ever wish you didn’t have to go through the hassle of preparing a payroll? Maybe it was simple when you just had one or two employees, but your company is growing and it’s becoming more complex. Some companies have a dedicated payroll manager—but that can be expensive. Other businesses have found find it … Read more

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