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Why Now is the Time to Reevaluate Your Payroll System for 2019

Hireology

As your business prepares for 2019, now is a better time than ever to evaluate your payroll system and decide if it’s time to make the switch to a new provider. Below, we’ve outlined several key benefits of transitioning to a new payroll system effective January 1. Start the New Tax Year with an Automated Payroll System.

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Why Now is the Time to Reevaluate Your Payroll System for 2018

Hireology

As your business prepares for 2018, now is a better time than ever to evaluate your payroll system and decide if it’s time to make the switch to a new provider. Below, we’ve outlined several key benefits of transitioning to a new payroll system effective January 1. Start the New Tax Year with an Automated Payroll System.

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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.

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5 Red Flags Your Talent Management System Should Tell You

Hireology

Payroll and related talent management costs can make up 70% of business expenses , so it’s critical for your talent management system to continuously identify areas for improvement. Overtime Costs. How much does your business spend on overtime each pay period? Turnover Rates.

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Types of Wages That Might Come up in Your Small Business

Patriot Software

Some types of pay you offer employees can depend on your industry, business, and preference, like commissions. There are also mandatory wages, such as overtime. Overtime wages. If you have nonexempt employees, you must follow overtime laws. Overtime pay is time and a half , or 1.5 Commissions.

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

Business Management Daily

For example, the Equal Employment Opportunity Commission (EEOC) requires that employers must keep personnel records for one year. Confidential documents include medical files, tax documents, employee benefits , payroll records, and more. Why is that? There are many reasons why, including that it’s required by law.

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What is a total compensation statement & how does it provide value?

Genesis HR Solutions

This includes gross wages and extra financial compensation, such as bonuses or commissions, as well as the employer-paid portion of retirement plan contributions, insurance premiums, and paid time off benefits. Processing payroll doesn’t have to be complicated or expensive—but if you’re doing it the wrong way, it can be both.

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