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Tracking your employees’ time worked ensures you pay them accurately and comply with labor laws. Although you can use whatever method you want, you need a dependable and organized system, especially as your business grows. Learn how to track employee hours with time and attendance software and other alternatives.
Read More How to Track Employee Hours Without Going Crazy
The Connecticut paid sick leave law was the first state-mandated paid sick leave in the United States, dating back to 2012. In 2024, the state passed a major Connecticut sick leave expansion that begins in 2025.
Read More Connecticut Paid Sick Leave Information for Employers
Thinking about giving your employees paid sick, personal, or vacation days? Why not combine them under one paid time off plan?
Read More Paid Time Off (PTO): How to Offer Your Employees PTO
For many businesses, payroll is the largest expense. The cost of an employee can be 32% more than their wages. Plus, you have to pay for the cost of running payroll. But savvy business owners know there are ways to cut back on expenses, including payroll costs.
Read More How to Reduce Your Business’s Payroll Costs: Strategies for Budgeters
Do you daydream about working with family members? You may consider hiring your child if you’re a small business owner. That way, you can show them the ins and outs of your business and the importance of hard work. At the same time, you gain an extra set of hands to get tasks done (win-win-win!).
Read More How to Employ Your Child: 10 Tips for Keepin’ It in the Family
Employers with employees working in Minnesota are responsible for offering paid sick leave. How much do you know about the Minnesota paid sick leave law, known as Earned Sick and Safe Time?
Read More Minnesota Paid Sick Leave: Guide for Small Business Owners
UPDATE: On June 28, 2024, a Texas court halted the new DOL overtime rule for Texas state employees. The DOL new overtime rule is in effect for all other employees, including private employees in Texas. Keep in mind that continued legal challenges could arise. Starting in July 2024, four million new workers will become entitled […]
Read More New Overtime Rule for 2024: How Will it Affect Your Business?
Tax withholding is an essential piece of the payroll puzzle. One of the taxes you must withhold from employee wages is the Old-Age, Survivors, and Disability Insurance (OASDI) tax. You must also contribute an employer portion of the OASDI tax. OASDI tax is more commonly referred to as Social Security tax.
Read More OASDI Tax: Old-Age, Survivors, and Disability Insurance (OASDI) Tax Deductions
As an employer, you’re in charge of paying your employees … and handling those pesky employment taxes. One of the taxes you need to calculate and withhold is a payroll tax known as FICA. What is FICA tax?
Read More What Is FICA Tax, and How Much Is It?
Benefits matter to 81% of employees, which means your benefits package is an important recruitment and retention tool. From traditional benefits, like health insurance, to newer benefits, like student loan repayment, you’re always looking for the next best thing. Have you heard of employee assistance program (EAP) benefits? What is EAP, exactly?
Read More What Is an Employee Assistance Program (EAP), and Is it Taxable?
