Remove Deductible Remove Payroll Remove Software Remove Work From Home
article thumbnail

Top 5 reasons to check your payslip

cipHR

CIPHR asked payroll expert Jon Lee for some pointers. As head of payroll bureau services at CIPHR’s sister company PBS , a payroll software and service provider, Jon and his team process payroll and BACS salary payments for 94,000 employees, across 500 organisations every month. So, why should we? Personal details.

Pension 98
article thumbnail

Returning to the office: If not now, never?

Business Management Daily

And after more than two-and-a-half years of remote work, the RTO thinking is: If not now, never. While the percentage of remote employees is certainly lower now than it was a year ago, those who are working from home seem dug in. Find software solutions by searching online for hoteling apps.). This is trickier.

401(k) 52
Insiders

Sign Up for our Newsletter

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

article thumbnail

Coronavirus: Employer Resources to Stay Informed & Prepared

PeopleStrategy

To alleviate one aspect of confusion, the IRS has issued guidance on testing as it relates to high-deductible health plans. Specifically, individuals using their HDHP to pay for testing for coronavirus can do so without having to satisfy the minimum deductible requirements.

article thumbnail

Only 57% of employees always check their payslips

cipHR

Polling over 1,000 people, HR and payroll software provider CIPHR found that nearly a quarter (22%) don’t regularly check their payslips, despite their importance for keeping track of their pay. As many as one in twelve employees (8%) confess to rarely (or even never) looking at their payslips.

article thumbnail

Back to basics: Managing termination pay

Business Management Daily

You can usually take all the regular deductions from a final paycheck, but there’s more to consider. As for employees who terminate with negative PTO balances, the DOL says you may make deductions for negative time, even if employees are left with less than the minimum wage. Ensure Payroll is notified of the termination.

PTO 52
article thumbnail

Compliance Areas for 2024 You Might Not Have Thought Of

PeopleStrategy

HSA Compliance Health savings accounts (HSAs) have become commonplace in the last several years as a way to offset high deductible health plans. Contributions, interest and earnings, and amounts distributed for qualified medical expenses are all exempt from federal income tax, Social Security/Medicare tax and most state income taxes.

401(k) 52
article thumbnail

The best timeclock options for small businesses

Business Management Daily

However, time tracking can get trickier if you have employees that work remotely or work from different worksites or in the field (such as route salespeople). Many traditional digital time clocks now have apps that integrate with them to allow remote employees to punch in from their smartphones or computers at home.

Payroll 52