Sometimes, payroll mistakes happen. If you pay an employee less money than you should have during a pay period, you owe them retro pay. What is retro pay?
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Paying Employees - Tips, Training, and News
The Dangers of Doing Payroll by Hand and How to Avoid Them
Doing 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
Sometimes, 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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Sick Balance on Paycheck Requirements by State
No matter when you cut your checks for your employees, paychecks usually come with a pay stub. A pay stub, or check stub, explains details about your employee’s pay.
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Equal Pay Laws by State: Deciphering Laws for Fair Wage Practices across the U.S.
There are many laws in the workplace that govern employers and employees. You need to be sure you are in compliance with federal and state laws at all times as a small business owner. One prominent issue today is equal pay between men and women. Federal law and equal pay laws by state aim to […]
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What Are Payroll Internal Controls?
Payroll involves a lot of sensitive and personal employee information. It is important for employers to keep that information safe. You also need to prevent payroll fraud. You need to limit who has access to payroll information and who can make changes to your small business payroll. Do you know how to maintain payroll confidentiality?
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What Is a Pay Card?
As an employer, you have a few options for paying your employees. Common options include direct deposit, cash, or check. Some employers may handwrite checks while others print them. Other employers may opt for early wage access for their employees. But, there is another option: pay cards.
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Pay Card Laws by State and Regulations
As pay card usage picks up steam, you may consider using them in your small business. But before you decide to implement this payment method, you must understand pay card laws by state.
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Can Employers Make Direct Deposit Mandatory?
Many employees (more than 93% of them) receive their wages via direct deposit. When you are deciding how to pay your employees, direct deposit likely comes to mind. However, not all employees want to receive their wages through direct deposit. Can you require mandatory direct deposit? Brush up on federal and mandatory direct deposit by […]
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What Are Gross Wages, and How Do You Calculate Them?
When it comes to running payroll, there are a lot of terms you need to be familiar with. One that you need to know like the back of your hand is gross wages. But, what are gross wages? And, how do you calculate them for your employees’ checks? We’ve got the answers to these questions […]
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