article thumbnail

10 steps to maintain end-of-year payroll compliance

Business Management Daily

Handle unused PTO and benefits. There are many PTO administration policies and methodologies. However, if your company does use the calendar year rather than the employee’s anniversary date for annual PTO limits, let employees know what will happen to unused PTO balances. How much can be rolled over to the next year?

Payroll 52
article thumbnail

BambooHR vs. ADP Workforce Now: Which service fits your needs?

Business Management Daily

The company began way back in 1949 as Automatic Payrolls, a manual payroll service founded by Henry Taub and operated by Henry and Joe Taub. In 1961, they changed their name to Automatic Data Processing, as they began to use check printers, punch cards, and early mainframe computers to provide their services.

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

An in-Depth analysis of the Best HR software solutions and how to pick one

Business Management Daily

Tax forms Job application Offer letter Performance reviews Disciplinary actions Time cards Resumes Medical records Pay stubs Signed employee handbook Benefits information PTO forms As you can see, every employee involves a ton of recordkeeping, which will quickly become incredibly cumbersome without a centralized software system to store it all.

article thumbnail

Paycor vs. ADP Workforce Now: Which is right for your needs?

Business Management Daily

Ironically, Coughlin was a former employee of ADP, where he sold payroll services in Cincinnati. Despite humble beginnings, Paycor blossomed into a $200 million HR software company, and they’re the payroll provider of choice for many small businesses. Paycor Essential. and its onboarding features. Paycor Core.

Payroll 52