In the foodservice industry, tips are an important part of employee compensation. Tips are added to employee wages so they can earn at least minimum wage. But, what happens when a tipped employee earns few tips?
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Payroll Articles
Payroll Tips, Training, and News
Adding Workers With Disabilities to Your Payroll: ADA Payroll
October 18, 2022In a 2021 survey by the Bureau of Labor Statistics, the unemployment rate for people with disabilities was 10.1 percent, with a slight decrease from the previous year. This is about twice as high as the current unemployment rate of people without disabilities. A large proportion of individuals with disabilities (82.5%) are not in the […]
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How to Maintain Payroll Confidentiality
October 18, 2022Payroll includes a lot of confidential information. Your payroll records include both business and employee information. There are names, addresses, Social Security numbers, dates of birth, pay rates, benefits, deductions, and bank accounts. With so much sensitive information, it is important to maintain payroll confidentiality.
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What Is an ITIN?
October 17, 2022For identification and tax reporting purposes, both employers and workers need Taxpayer Identification Numbers (TINs). These numbers let the IRS identify you when you fulfill your reporting and filing requirements. One Taxpayer Identification Number you should know about is the ITIN. What is an ITIN?
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Use the Average Vacation Time to Build Your Business’s Policy
October 17, 2022Do you want to give your employees paid time off from work? If you choose to offer paid vacation days as an employee benefit, you might not know how many to provide. To stay competitive, take a look at the national average vacation time.
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Should You Consider Opening a Payroll Account for Your Small Business?
October 17, 2022Keeping track of your expenses is part of being a business owner. You probably heard it said that you need a separate business bank account in addition to your personal bank account. But, you might not be familiar with a payroll account. What is a payroll account, and should you consider opening one for your […]
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What Is a Draw Against Commission?
October 17, 2022If you have sales staff, you might pay them commissions. Paying employees with sales commissions can incentivize employees to make more sales. While commissions can get employees to sell more, employees aren’t guaranteed steady pay. To give your sales staff more financial stability, you can use a draw against commission system.
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Everything You Should Know About Outsourcing Payroll to Online Software
October 17, 2022Your small business has many options to run payroll. You could run payroll yourself or you can outsource it. Outsourcing payroll to a payroll software can be a great benefit for your business.
Read More Everything You Should Know About Outsourcing Payroll to Online Software
There’s More to the Cost of Firing an Employee Than Meets the Eye
October 17, 2022Losing employees can be devastating for your small business. Employee turnover can drain workplace morale and cost you time and money finding replacements. What’s even worse is having to fire an employee. Read on to find out the cost of firing an employee.
Read More There’s More to the Cost of Firing an Employee Than Meets the Eye
What Is an ACH Payment? How Can You Use It for Payroll?
October 17, 2022You might already be familiar with ACH payments, but you might not know it because of the unfamiliar terms. Find out what ACH means and how you can use the payments with your payroll.
Read More What Is an ACH Payment? How Can You Use It for Payroll?