Remove Electronics Remove Overtime Remove Payroll System Remove PTO
article thumbnail

Stay on track with this payroll compliance checklist

Business Management Daily

Payroll compliance checklist for onboarding new hires. While onboarding isn’t exclusively a payroll function, there are several steps and checks that need to be performed before you enter a new hire into your payroll system. One of the most common payroll mistakes is misclassifying employees.

Payroll 52
article thumbnail

10 steps to maintain end-of-year payroll compliance

Business Management Daily

Hand-written checks are sometimes issued to employees on their last day in order to meet legal requirements for paying out employees upon termination if the employer is unable to process a special paycheck request in their payroll system outside of the regular payroll schedule. Handle unused PTO and benefits.

Payroll 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

The best timeclock options for small businesses

Business Management Daily

Some electronic options may not work during a power outage, but if you lose power at your office, the time clock likely won’t be your biggest worry. Detailed reporting can help you keep track of labor costs throughout the period, employee attendance, and overtime. Many HRIS systems or payroll systems have time tracking capabilities.

Payroll 52
article thumbnail

5 Red Flags Your Talent Management System Should Tell You

Hireology

Other than paying employees, your payroll and talent management system can provide valuable insights and help inform key business decisions – especially if your payroll system is part of an integrated talent management solution. Keep an eye on the following red flags your talent management system should be telling you.