When your business reaches 15 to 50 employees, you have to be strategic about competing against other organizations for workers. While you may not be able to afford high-end pay, there are still many different benefits you can use to attract workers to your company....
Question: An employee worked unauthorized overtime. Do we have to pay them time and a half for these hours? Answer: Yes. Any overtime worked by nonexempt employees must be compensated, regardless of whether the overtime was authorized. We recommend communicating with the employee about work...
Becoming an S corp provides you with added liability protection and advantageous tax benefits. However, these advantages come with certain requirements. Besides compliance rules about domestic ownership and share maximums, you must also make sure to pay yourself a salary. To make paying a salary...
As a small business owner, it’s essential to stay up to date on changes to HR laws. Depending on what state you run your business in, your payroll may need to adjust for a minimum wage hike in 2025. Additionally, many municipalities have specific minimum...
Preventing direct deposit fraud requires a proactive approach from both employers and employees. By implementing strong security measures and fostering awareness, you can significantly reduce the risk of payroll fraud. Best Practices for Employees Direct deposit fraud can happen to anyone, but taking proactive steps can...
A health flexible spending account (HFSA) lets employees set aside pre-tax money from their paycheck during the year, and they can use this money to pay for eligible healthcare expenses for themselves, their spouse, or their dependents. The funds in these accounts are typically “use...
Question: Should we include a pay range in our job postings even though we aren’t required to by law? Answer: We generally recommend including pay ranges in job postings even if it isn’t legally required. First, since the practice has become more common, more job seekers...
Question: Do we need to pay our remote employees for a full day if they lose internet access for a few hours? Answer: It depends on their status under the Fair Labor Standard Act (FLSA). Your exempt employees need to be paid their full salary for...
In the bustling world of service industries, managing tips can be a significant challenge, involving the delicate balance of accuracy, compliance, and fairness. Whether it’s a restaurant or a salon, business owners need to effectively handle the complexities of tracking, reporting, and distributing tips in...