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Stay on track with this payroll compliance checklist

Business Management Daily

Nonexempt employees are compensated on an hourly basis and eligible for overtime pay. Employers must follow FLSA regulations as well as any state overtime rules in order to properly compensate non- exempt employees for the time worked. Exempt workers aren’t entitled to overtime pay. Payroll tax compliance checklist.

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10 steps to maintain end-of-year payroll compliance

Business Management Daily

Some payroll tax compliance items are completed quarterly, or more frequently throughout the year. However, there are a large number of payroll compliance items that need to be completed at the end of the year or the start of the new year. Here are the steps you need to take to close out the year in proper payroll compliance: 1.

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Types of Wages That Might Come up in Your Small Business

Patriot Software

There are also mandatory wages, such as overtime. Overtime wages. If you have nonexempt employees, you must follow overtime laws. Under the Fair Labor Standards Act ( FLSA ), you are required to pay overtime wages to nonexempt employees who work more than 40 hours in one workweek. Overtime pay is time and a half , or 1.5

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The best HR software for small business owners

Business Management Daily

While undergoing the initial software training may be a bit cumbersome for your employees, they’ll be far more likely to go through it with a smile if they know how the system will benefit them down the line (i.e., PTO requests approved faster, automated email replies, etc.).

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The top 10 HR analytics tools to use in 2023

Business Management Daily

Out of all the tools available, Crunchr is the best HR analytics tool for centralizing data, as it enables you to include data from ALL your HR systems, including: Applicant tracking systems (ATS) HRIS systems Payroll software More This makes Crunchr an all-in-one solution for analyzing your people’s data.