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A Guide to Payroll Management: Ensuring Smooth Financial Operations

Qandle

Providing employees with accessible information about their pay and benefits contributes to a positive work environment. Payroll is a crucial aspect of business administration that involves the process of managing and distributing employee compensation. Organizations must file various tax reports to relevant government agencies.

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How to set up a payroll process: 10 steps

Insperity

As an employer you shoulder a lot of responsibility, especially when it comes to employee compensation. Not only do you have to figure out the proper way to pay your people, you have to withhold the appropriate taxes, deposit them and report them to the government. Calculate payroll, and don’t forget deductions.

Payroll 101
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10 signs your business needs a PEO

Insperity

Have you considered outsourcing your business’s HR to a professional employer organization (PEO)? When you’re overwhelmed with the day-to-day tasks of running a business, employee performance concerns may be overlooked and others may spend time and effort compensating for an underperforming team member.

401(k) 67
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Business owner beware: FLSA compliance and personal liability

Insperity

The nuances between what legally constitutes a person and an employer aren’t always clear-cut when it comes to FLSA compliance. The consequences can be devastating both professionally and personally if you are found in violation of the FLSA. As a good rule of thumb, you could be deemed an employer if you have: 1.

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Successful mergers and acquisitions: How a PEO can help

Insperity

Rounding out your list are likely things like compliance law, worker’s compensation, payroll administration and company culture. A professional employer organization (PEO) can mitigate and manage your business’s HR-related risks, which can lead to a healthier, more prosperous acquisition. How is an employee onboarded?