Mike Kappel

True or false: As an employer, you can pay employees any amount you want. False. It’s 100% false. Why? Because of minimum wage law.

Looking to offer your employees an additional benefit? Consider creating a profit-sharing plan. But before you run off and create a plan, you need to know what is profit sharing. Read on to learn all about profit sharing, including how it works and steps for creating a plan of your own.

Your alarm clock goes off, you roll over to get ready for work, but then … ugh. You just can’t do it because you’re too sick. Ever have one of those days? Your employees have, too.

Do you need to withhold money from employee wages beyond taxes (e.g., garnishments or benefits)? Then you might be wondering when exactly you deduct the employee’s contributions—before or after taxes. Well, it depends. For accurate withholding, understand what are pre-tax deductions.

When it comes to health coverage, there are a lot of options out there. FSAs and HSAs are healthcare plans that cover medically-related expenses not included under a traditional health plan. Do you know the difference between HSA vs. FSA?

As an employer, you can offer small business retirement options, like 401(k) plans, to your employees. But when it comes to 401(k) options, it isn’t just a one and done type of deal. There are a few different types of 401(k) plans to choose from.

There are a number of options when it comes to paying workers. Have you considered using direct deposit to pay your employees? A lot of other employers have. In fact, nearly 94% of employees receive their paycheck via direct deposit.