Remove Banking Remove Overtime Remove Payroll Remove PTO
article thumbnail

A payroll processing checklist for small businesses

Genesis HR Solutions

Anyone who’s ever run payroll knows that it is a detail-oriented, sometimes arduous process. Anyone who’s ever run payroll knows that it is a detail-oriented, sometimes arduous process. Anyone who’s ever run payroll knows that it is a detail-oriented, sometimes arduous process. Payroll Processing Checklist: A Template.

Payroll 40
article thumbnail

Employee Files: What to include, what to leave out, and what’s confidential

Business Management Daily

That’s not even mentioning all the paperwork involved in the onboarding process, such as employee handbooks , contact information, and direct deposit/banking information — just to name a few. Confidential documents include medical files, tax documents, employee benefits , payroll records, and more.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What you need to include in a small business employee handbook

Business Management Daily

Exempt employees must meet specific criteria set by the Federal Labor Standards Act in order to be exempt from overtime wages. Nonexempt employees are entitled to overtime pay if they work over 40 hours in a workweek. Provide the pay frequency and the payroll schedule. Employee benefits.

article thumbnail

How to address employee pay in your inclement weather policy

Insperity

It’s important to communicate how payroll will work during a weather-related event, as well as emergency contact information and expectations for attendance. A retail bank, with operating hours of Monday through Friday, 8 a.m. A retail bank, with operating hours of Monday through Friday, 8 a.m. How will you pay exempt employees?

PTO 53
article thumbnail

HR technology trends for 2017: Curing government compliance concerns

Insperity

Once upon a time, businesses with 50-150 employees could manage benefits and payroll through a series of non-automated, disjointed programs. The new overtime regulation would have changed overtime eligibility for white collar, salaried workers earning less than $913 a week ($47,476 a year). Well, those days are gone.

article thumbnail

The best timeclock options for small businesses

Business Management Daily

Your work-from-home employees also need to be able to clock in too, and having all time entries in one central system tends to make payroll and attendance management easier. Detailed reporting can help you keep track of labor costs throughout the period, employee attendance, and overtime. Time clock options.

Payroll 52
article thumbnail

Modules of a Human Resource Management System

Qandle

You may also simply review reports that show you when any of your workers are getting close to reaching their overtime limit, or you can make a rapid repair if your payroll has become noncompliant with the time and labor rules of your state. HRMS module 13: Payroll. Both of these examples are possible.