As an employer, you may give employees several types of compensation, including direct compensation. So, what’s direct compensation? And, what are the different types?
Read More What Does Direct Compensation Include?Patriot Software's Blog
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How to Improve Financial Reporting Processes: 6 Tips
Let’s face it: Your finances play a major role in your business’s success. You need to have accurate reporting to know where your business stands financially. Otherwise, you could end up overspending and running your business into the ground. To keep your small business finances in shipshape, learn how to improve financial reporting processes.
Read More How to Improve Financial Reporting Processes: 6 TipsBimonthly Payroll: What Does Bimonthly Pay Mean?
You’re trying to figure out a decent pay frequency for your business. There are a number of popular options, like weekly payroll, and some that are a little more out there, like bimonthly payroll.
Read More Bimonthly Payroll: What Does Bimonthly Pay Mean?Can You Spot the Differences Between Back Pay vs. Retro Pay?
Everybody makes mistakes. And if you’re an employer, you’ve probably made (or will make) a payroll mistake at some point. If you make a mistake or forget to pay an employee certain wages (e.g., bonus), you might need to provide retroactive or back pay.
Read More Can You Spot the Differences Between Back Pay vs. Retro Pay?How to Lay Off Employees: Small Business Edition
Layoffs are sweeping the USA, impacting workers at companies like Shopify, Tesla, and Peloton. At some point, you may need to lay off employees in your small business, too.
Read More How to Lay Off Employees: Small Business EditionUnpaid Time Off: Policy, Payroll, and Beyond
When it comes to private industry workers, 77% have access to paid sick leave and 77% have access to paid vacation time. But, what happens if you can’t afford to offer your employees paid time off (PTO)? Or, what if your employees use up all of their PTO and need to take time off from […]
Read More Unpaid Time Off: Policy, Payroll, and BeyondHow to Do a Background Check: 6 Steps for Due Diligence When Hiring Employees
According to one source, 96% of employers conduct at least one type of background screening. If you’re like many business owners, you likely want to do your due diligence before making any hiring decisions. Otherwise, you could be left with some rotten apples and wasted time. If you haven’t already, jump on the background check […]
Read More How to Do a Background Check: 6 Steps for Due Diligence When Hiring Employees5 Tips for Managing Vacation Requests Fairly and Effectively
As an employer, you face the challenge of juggling employees’ vacation requests. It can be difficult to find the perfect balance of being flexible while ensuring your business has enough coverage. To keep things fair and square, learn the ins and outs of managing vacation requests.
Read More 5 Tips for Managing Vacation Requests Fairly and EffectivelyHow to Hire Employees Who Are the Best of the Best
Do you know how to hire employees? What all goes into the hiring process? For starters … a lot. Too much for one regular article to cover, which is why I’ve written this mega article.
Read More How to Hire Employees Who Are the Best of the BestHow Mobile Wallet Works, and Ways to Use Digital Payments for Payroll
As an employer, you are likely familiar with the standard methods of paying employees, such as cash, checks, direct deposit, and pay cards. However, as technology advances, so do the methods of paying employees. Mobile wallets and pay are slowly becoming the future of payroll. In fact, mobile payments are expected to increase to $503 […]
Read More How Mobile Wallet Works, and Ways to Use Digital Payments for Payroll