Payroll Blog

As inflation climbs, so too do your employees’ expectations. A whopping 92% of employees expect a more than 6% pay increase this year. And if employees don’t get a raise, 27% are prepared to look for a new job and 31% are ready to bring the raise convo up again. To avoid losing your top […]

Before the pandemic, fewer than 6% of Americans worked from home. But by the end of 2022, experts project that number will increase to 25%. So, there’s some bad news: The confusion around state tax withholding for remote employees is going to stick around—at least for the short term. 

Here’s a number for you: 47.2%. That was the 2021 annual total separation rate (aka the number of total separations as a percent of annual average employment). And here’s one more number for you: 4,258,000. That’s the number of employees who quit their jobs in January 2022.

Found the best new hire thanks to an employee referral? Great! Next on the agenda is paying out the referral bonus to the referring employee.

If you have employees, you need to compensate them. So, you set an hourly rate or salary. But, you might also give other types of wages to your employees. And if you do, you need to know if those other wages count as compensation. Why? Knowing what is compensation is a key part of putting […]

Some employees can be hard to hold onto. Why? Employees, particularly millennials, want more opportunities to learn, grow, and advance their careers. In fact, job development is so important that 87% of millennials want it. The good news is that your employees may be able to get the development they want without changing companies. Cue: […]

Thanks to the pandemic, there’s a new sheriff in town: Hybrid workplaces. In fact, 74% of companies in the U.S. are using or plan to implement a permanent hybrid work model. If your company plans to be part of this statistic, you need to know what to include in a hybrid work policy to keep […]

Whether you offer time off or need to process direct deposit, staying on top of legal holidays is a must. And when it comes to Juneteenth, you need to keep updated with the latest federal and state holiday status changes. So, what is Juneteenth, and is it a legal holiday?

Employee salary: $50,000 a year. But you know that’s not what they’re walking away with. Between taxes and benefit deductions, the employee’s take-home pay could be far from the $50,000 sticker price (cue the sad violin). To find their take-home pay, you need to know how to calculate net pay.

If your company offers retirement plan options, you have to ensure each employee can benefit equally from the plan. To do this, you must consider who is a highly compensated employee (HCE). Not familiar with highly compensated employees? No worries—we’ll go over the HCE definition, how to determine who is classified as a highly compensated […]