While it’s highly unlikely that you will be held responsible in the event that a third party hacks your payroll system, a data leak like that will more than likely result in negative outcomes, not only for you and your employees but between the two...
Since the pandemic, many Americans have been struggling to get their financial houses in order. If you're wondering what a financial wellness program encompasses or what would be helpful to your employees, some areas where employees may need help in maintaining their financial wellness are: ...
Before establishing an official payroll process for your company, it’s important to think about how you want payroll to work. As you ponder your options and think about the way you want to run payroll, make sure you prioritize the following details. Otherwise, you might...
On January 10, 2024, the U.S. Department of Labor published a final rule, effective March 11, 2024, revising the Department’s guidance on how to analyze who is an employee or independent contractor under the Fair Labor Standards Act (FLSA). This final rule rescinds the Independent...
It’s that time again! Here are the minimum wage updates for 2024! We’ve organized the latest and listed them below alphabetically by state so you can scan the list and see if you need to update your payroll. Rates with an asterisk indicate that one or...
Beginning January 1, 2024, the standard mileage rates for the use of a car (also vans, pickups, or panel trucks) will be: 67 cents per mile driven for business use (up 1.5 cents from 2023). 21 cents per mile driven for medical or moving purposes...
Question: Do we need to pay employees for fun, voluntary events where no work is performed? Answered by the HR Experts You are not required to pay non-exempt employees (those paid by the hour and entitled to overtime) for time spent at company functions when attendance...
Question: We would like to add a working interview to our selection process. Is this permitted and are there other options to help us finalize our selection? Answered by the HR Experts: Yes, you can have a working interview as part of your selection process, but...
It's important for businesses to have a clear and consistent payment schedule to ensure fairness and adherence to labor laws and employee expectations. Lack of structure around paychecks could throw off budgeting and financial planning processes or put a business at risk of legal issues...
Yes, but keep in mind that the value of the gift cards must be reported as wages. The IRS has a provision that allows for non-taxable "De Minimis" gifts, which allows an employer to buy an employee flowers to celebrate an achievement, occasional sporting event tickets,...