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Creating an Unlimited PTO Policy

Patriot Software

Offering paid time off (PTO) is a benefit many small business owners extend to employees. Although the Fair Labor Standards Act (FLSA) does not typically require PTO, many business owners provide paid vacation and personal days. And, some employers may even offer unlimited PTO policies. What is an unlimited PTO policy?

PTO 45
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HR Manager’s Toolkit: The Ultimate Guide to Online Absence Management Systems

HR Digest

It offers features such as visual timelines, custom leave types, automated PTO tracking, streamlined leave approval, email notifications, absence reports, calendar integrations, and a mobile app. actiPLANS also automates leave approval and PTO tracking, saving time and reducing manual effort.

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The best timeclock options for small businesses

Business Management Daily

If you only have one work location that employees report to, such as a retail store or office, choosing a time clock will be fairly simple. Your work-from-home employees also need to be able to clock in too, and having all time entries in one central system tends to make payroll and attendance management easier. Work locations.

Payroll 52
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How to address employee pay in your inclement weather policy

Insperity

It’s important to communicate how payroll will work during a weather-related event, as well as emergency contact information and expectations for attendance. A retail bank, with operating hours of Monday through Friday, 8 a.m. A retail bank, with operating hours of Monday through Friday, 8 a.m. How will you pay exempt employees?

PTO 52
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How to balance employee time-off requests

Business Management Daily

Is there a PTO request function in your payroll or time tracking system? Electronic PTO tracking systems are typically the easiest for employers and employees to utilize. The importance of a particular activity may be subjective and employees shouldn’t need a strong reason to take PTO.

PTO 52
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Regular rate calculation gets a makeover

Business Management Daily

Employee discounts on retail goods and services. A word of warning: Some of these payments will be considered taxable fringe benefits to employees, so you should get the whole picture from your Payroll department. The cost of parking benefits. Adoption assistance. bona fide meal periods). State and local scheduling laws.

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What you need to include in a small business employee handbook

Business Management Daily

Provide the pay frequency and the payroll schedule. Let employees know how to submit expenses for reimbursement, whether they will be paid via regular payroll or through a separate channel, and what expenses can be reimbursed. This may be split into vacation and sick days, or it could be presented as a combined PTO bank.