The average rate of illness or injury at the workplace can affect employers’ insurance costs. With workers compensation insurance, experience rating modification allows a group of businesses to share the risk of undergoing a loss. While the entire group’s losses can be predicted quite accurately, it is difficult to forecast which group member will experience […]
Read More A Look at Experience Rating ModificationPayroll Articles
Payroll Tips, Training, and News
Most popular blog categories
Drafting a Sick Time Policy for Your Small Business
Does your business offer sick time to employees? One study showed that having a paid sick time policy can help reduce turnover by 50%. If you want to attract and retain top talent, boost productivity, and reduce the spread of sickness in your workplace, consider drafting a sick time policy for small business.
Read More Drafting a Sick Time Policy for Your Small BusinessIs a PEO Worth the Cost for Your Business?
You might have heard about PEOs and wondered what they could do for your small business. They offer a lot of benefits, but they come at a price. So, what is a PEO? Is it a good option for your business, or is there a better option out there?
Read More Is a PEO Worth the Cost for Your Business?Your Step-by-step Guide on How to Apply for EIN—aka Employer Identification Number
If you want to buy a car or house, open a bank account, or get a job, you need a Social Security number. An Employer Identification Number (EIN) is like that—but for your business. Many businesses need an EIN to operate. And if your business is one of them, you must know how to apply […]
Read More Your Step-by-step Guide on How to Apply for EIN—aka Employer Identification NumberWhat’s the Deal With the New York Sick Leave Law?
Depending on your state, you may have to provide paid sick leave to your employees. As an employer, you should know the paid sick leave laws by state to ensure you remain compliant. One state that recently joined the bunch is New York. If you’re an NY employer, giddy-up and learn all about the New […]
Read More What’s the Deal With the New York Sick Leave Law?Your Business Doesn’t Have to Be a “Danger Zone” to Need PPE in the Workplace
Whether your employees work at an office, laboratory, warehouse, or worksite, the workplace can be dangerous. And as an employer, you’re responsible for protecting your employees from hazards in the workplace.
Read More Your Business Doesn’t Have to Be a “Danger Zone” to Need PPE in the WorkplaceWhat Is a Waiting Period for Employee Benefits (Like Health Insurance)?
Businesses, insurance companies, and the government all use waiting periods. If you provide company-sponsored benefits to employees, you might decide to set a waiting period. So, what is it?
Read More What Is a Waiting Period for Employee Benefits (Like Health Insurance)?Your PPP Loan Forgiveness Strategy Might Be to Play the Waiting Game. Here’s Why
This article applies to employers who took out a Paycheck Protection Program loan in 2020. For information about PPP 2.0 under the Consolidated Appropriations Act, check out the last section of this article. If the complex PPP loan forgiveness process has been weighing over your head, here’s some good news: you don’t have to apply […]
Read More Your PPP Loan Forgiveness Strategy Might Be to Play the Waiting Game. Here’s WhyWhat Is Time and a Half Pay, and Who Qualifies for It?
If you have nonexempt employees, you have to pay them overtime, or time and a half, for any hours worked over 40 during the workweek. Learn all about time and a half, who qualifies for overtime, and how to calculate it.
Read More What Is Time and a Half Pay, and Who Qualifies for It?Should You Provide a Work-from-home Reimbursement to Remote Employees?
Do you have a temporary or permanently remote workforce? If so, you may consider offering work-from-home reimbursement to help workers cover remote-related expenses.
Read More Should You Provide a Work-from-home Reimbursement to Remote Employees?