A whopping 65% of the U.S. population lives paycheck to paycheck. These employees (and likely all employees) count on receiving their wages on their scheduled pay date. But, bank holidays might pose a slight hiccup. What happens if payday falls on a bank holiday?
Read More What Happens If Payday Falls on a Bank Holiday? Mark Your CalendarPaying Employees Articles
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What Is an Exempt Employee?
Are all of your employees eligible to receive overtime pay? Some employees are exempt from overtime pay and minimum wage laws. Exempt employee qualifications are determined by the Fair Labor Standards Act (FLSA). To run payroll correctly, you need to be familiar with exempt employees. What is an exempt employee?
Read More What Is an Exempt Employee?Answers to 18 Payroll Questions You Are Dying to Ask
For some business owners, running payroll might be like learning a foreign language. You are a master of your business idea, not the administrative responsibilities that come with it. Because you might not be familiar with these responsibilities, you might have some payroll questions.
Read More Answers to 18 Payroll Questions You Are Dying to AskPayroll Data Security: Defending Against Payroll Data Breaches
Data breaches and cyberattacks happen every day. Payroll contains sensitive employee information such as Social Security numbers and bank account details, making it a goldmine for cybercriminals. And because 43% of all data breaches target small businesses, payroll data security should be top of mind.
Read More Payroll Data Security: Defending Against Payroll Data BreachesWhat Is Minimum Wage? Federal & State Rates for 2024
Minimum wage law prevents employers from paying employees below a certain amount per hour. There is a federal minimum wage, but many states and localities set a higher wage for employers to follow. To ensure your business is compliant with labor laws, read on to learn what is minimum wage.
Read More What Is Minimum Wage? Federal & State Rates for 2024How to Generate Pay Stubs for Employees
When payday rolls around, employees receive their wages for hours worked. They may also receive a digital or paper pay stub, which breaks down their earnings and payroll deductions. As an employer, you must know how to generate pay stubs.
Read More How to Generate Pay Stubs for EmployeesCan Payroll Services Handle Direct Deposit?
If you want to deposit your employees’ paychecks directly into their bank accounts, you need direct deposit. Direct deposit is a convenient payment method for employees, who receive their paycheck quickly and securely on payday. Most employers handle direct deposit through their payroll software.
Read More Can Payroll Services Handle Direct Deposit?The Best Payroll Software for Small Business, Based on Reviews
Software can make payroll—and your life—much easier. But, choosing a payroll system can be overwhelming. And as a savvy business owner, you want to find the best payroll software for a small business. You can look at small business payroll software reviews to help you choose.
Read More The Best Payroll Software for Small Business, Based on ReviewsHow to Choose a Payroll Service for Your Small Business
Payroll software makes paying employees a breeze by calculating federal, state, and local taxes. If you’ve decided you want to use software to run payroll, you can put away your calculator and income tax withholding tables (hooray!). But, do you know how to choose a payroll service?
Read More How to Choose a Payroll Service for Your Small BusinessHow to Calculate Payroll by Hand
When you have employees, payroll is one of your most important tasks. Because payroll is oh-so-important, you need to know how to calculate payroll. That includes knowing how to calculate taxes and other deductions accurately. Read on to learn more about how to calculate payroll by hand.
Read More How to Calculate Payroll by Hand