Want to boost your ability to attract and retain employees? At the same time, do you want to increase your employees’ skills and creativity? If so, you may consider offering educational assistance. What is educational assistance?
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Payroll Tips, Training, and News
Direct Deposit or Pay Card? The Best Option for Your Small Business
August 31, 2022As a small business owner, you have the freedom to choose how to pay your employees. And with so many options, it can be difficult to make a decision. Two popular payment options for employers include direct deposit and payroll cards. Before choosing between paying employees with direct deposit or pay card, weigh the pros […]
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On-call Pay: When Do You Need to Compensate Employees for On-call Hours?
August 30, 2022Some businesses need on-call employees. But if you require employees to be available when they’re not working, should you pay them? Whether or not you must provide on-call pay depends on a few factors.
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What Is a Tax Gross up for Payroll?
August 30, 2022There might be a time you want to pay an employee a specific amount. But once you factor in taxes, that amount gets smaller. So how can you give an employee a certain net pay? Tax gross up.
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What Is the Cost of Training Employees?
August 30, 2022Hiring new employees is a beautiful thing. Employees can simplify operations and bring in more money for your business. But before employees can be all-stars at your business, you must train them. What is the cost of training employees?
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Why Are Employee Benefits Important?
August 30, 2022Have you ever wondered if employee benefits are worth the cost and extra administrative tasks? Spoiler: They are. Find out the importance of employee benefits and how offering benefits can better your business.
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How to Handle Accrued Time Off in Your Business
August 29, 2022Paid time off (PTO), including vacation days, sick days, and holidays, is a popular employee benefit. According to the Bureau of Labor Statistics, 77% of employees receive paid vacation days, 77% receive paid sick leave, and 79% receive paid holidays. But when employees don’t use up their PTO, they’re left with accrued time off.
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With This Guide, You’ll Be Reading and Understanding Form W-2 Like a Pro
August 26, 2022Running your business? You’re a pro. Understanding Form W-2? Probably not so much. But when you have employees, you’re responsible for withholding taxes from their employees’ wages and reporting the amount to the government. Not to mention, employees need Form W-2 to file their individual tax returns.
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The Dangers of Doing Payroll by Hand and How to Avoid Them
August 26, 2022Doing payroll by hand can save your business money if you do it correctly. There are all sorts of laws, calculations, and taxes that you have to implement with precision. But, small business owners are busy, and many who do payroll by hand often make costly mistakes.
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How to Convert Salary to Hourly for Nonexempt Employees
August 25, 2022Sometimes, being an employer feels like you’re doing nonstop math. And if you want to know how to convert salary to hourly rate for employees, it’s time to whip out those calculators.
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