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?
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Payroll Tips, Training, and News
Form W-2 Box 12 Codes and Explanations
June 5, 2024Each year, you need to file Form W-2 for your employees. You might need to use Form W-2 Box 12 codes to accurately fill out Form W-2.
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What Is the Difference Between Gross and Net Pay?
June 5, 2024Running payroll can be confusing. Although it’s natural to have payroll questions when starting out, you can’t afford to get tripped up when it comes to gross vs. net pay. Knowing the difference between gross and net pay impacts employee wages, payroll withholdings, recordkeeping, and even employer laws.
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Workplace Injury: What to Do When an Employee Is Injured at Work
June 5, 2024Employers reported over 2.8 million injury and illness cases in 2022. A workplace injury can happen in any industry, from manufacturing to finance. You must cultivate and maintain a safe work environment for your employees.
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Payroll KPIs and Statistics: Small Business Payroll Performance
May 30, 2024Running payroll is more than cutting employees a check for their hours worked. Payroll takes time. A lot goes into calculating and withholding taxes and deductions. There’s room for mistakes and opportunities for improvement. You can use payroll KPIs, or key performance indicators, to analyze how well you manage payroll.
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How to Hire and Manage Temporary Employees
May 29, 2024Do you need an extra set of hands for a few weeks or months? You may opt for a temporary employee. Temporary employees can cover for employees on leave, help during your busy season, or fill in gaps in the workplace.
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What Is Pay-as-you-go Workers’ Comp?
May 22, 2024Workers’ compensation insurance isn’t just a great way to help protect your business investment. In many states, it’s required if you have employees. Pay-as-you-go workers’ comp lets employers pay only for the workers’ comp insurance they need in real-time.
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How to Calculate Hours Worked for Payroll [+ Tools to Use]
May 17, 2024You must know each employee’s hours worked to run payroll. To do that, you must calculate hours worked. So, what does the process of calculating hours worked look like? Learn how to calculate hours worked step-by-step below, plus get an in-depth example.
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Payroll Cutoffs: Best Practices to Pay Your Employees on Time
May 8, 2024Paying your employees on time is essential, especially because 62% of Americans live paycheck to paycheck. Plus, many state pay frequency requirements regulate when you pay employees. Understand payroll cutoffs to pay your team on time, every time. So, what is a “payroll cutoff?”
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How to Calculate a Salary Raise Percentage for Your Employees
May 6, 2024Fewer employers plan to give pay raises in 2024 than in 2023, according to SHRM. Even so, 79% of businesses plan to dole out pay raises. To avoid losing your top employees, you might consider offering pay raises. Learn about criteria for raises, when to give salary raises, and how to calculate a pay raise […]
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