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How to set up a payroll process: 10 steps

Insperity

times the regular rate of pay for every hour worked beyond the standard 40-hour workweek. Depending on what state you’re in, these rules could vary to include daily overtime or other pay premiums. Calculate payroll, and don’t forget deductions. Non-voluntary deductions include garnishments and child support payments.

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Pay Up! 10 Steps to Establishing a Payroll Process (Part 2)

Insperity

Calculate payroll, and don’t forget to include deductions. Once gross pay is calculated for each employee, subtract the federal withholding based on their W-4 Form, then state and local taxes (if applicable), then Social Security and Medicare taxes. Non-voluntary deductions include garnishments and child support payments.

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