Even if you only have one employee, you are still legally required to garnish wages if you receive a court order to do so. Unfortunately, calculating the garnishment and fulfilling your legal obligation isn’t always easy. By keeping in mind a few best practices, you...
Do you often find yourself still paying off credit card debt long after the holidays? Keeping spending under control can be difficult at this time of year, which is why using cash — not credit — is so important. Here are a few tips. BE EFFICIENT ...
Federal contractors may need to be prepared to increase pay for employees working on, or in connection with, covered federal government contracts. The hourly minimum wage for employees performing work on federal contracts will rise from $17.20 to $17.75 on Jan. 1, 2025, the Department...
On November 15, 2024, a federal court in Texas ruled that the Department of Labor had overstepped its authority with the most recent rule increasing the minimum salary for exempt employees. The July 1 increases are void, the additional increase that would have taken effect...
As the year comes to a close, there’s a major change looming on the horizon for employers across the United States. Starting January 1, 2025, the minimum salary for most overtime-exempt employees under the Fair Labor Standards Act (FLSA) is set to rise to $58,656...
The Federal Reserve will be closed in observance of Thanksgiving Day on November 28th. Check dates on or after the holiday will be affected. Affected check dates include: Thursday, November 28th Friday, November 29th Monday, December 2nd Tuesday, December 3rd Wednesday, December 4th Please check...
Pay transparency has been getting a lot of attention. Still, many are unclear about what pay transparency actually means, how far it goes or what the results of pay transparency legislation will be. There are good reasons for this. For starters, the laws on pay transparency...
Social Security beneficiaries will see an increase in their monthly checks in 2025—2.5%. This cost-of-living adjustment, or COLA, will produce an estimated average monthly benefit of $1,976 for all retired workers in 2025, $49 a month more than in 2024. The COLA increase will be...
The Federal Reserve will be closed in observance of Veteran's Day on Monday, November 11th. Check dates on or after the holiday will be affected. Affected check dates include: Monday, November 11th Tuesday, November 12th Wednesday, November 13th Please check with your Payroll Specialist if...
Avoid the frightening reality of payroll mistakes. Payroll management is a critical function for businesses of all sizes. Accurate and compliant payroll processing is essential to ensure employees are paid correctly and on time while avoiding costly mistakes and penalties. In this article, we’ll discuss...