In 2016, the National Automated Clearing House Association (NACHA) reported that 82% of U.S. employees are paid by direct deposit, jumping from 74% in 2011. Clearly, direct deposit is on the rise. But you may be surprised to learn that, according to the NACHA survey, 64%...
A federal appellate court has upheld a lower court's ruling that a marketing call center wrongfully docked employees for breaks of 20 minutes or less during which they were logged off of their computers and didn't have to perform any work related duties [Secretary United...
If you run your business operations through two or more corporations, the different entities may share some of the same employees. In that case, you can save payroll taxes by using a Common Paymaster. Instead of having each business pay Social Security and Medicare tax for...
Paying employees means more than just issuing checks. Your company also needs to keep accurate records for current and past employees for a certain period of time. There are record requirements from both the IRS and the U.S. Department of Labor, which enforces employment rules...
Is payroll eating up too much of your time? Integrating payroll and employee timekeeping makes payroll a whole lot easier. It also makes life easier for your employees, managers, and HR team. Today's message is for businesses that have separate payroll and employee time and...
Hurricanes, storms, tornadoes, blizzards, floods and other weather-related disasters can cause inclement weather closures. But even if one of these calamities causes your business to close, your employees must still be paid on their next regularly scheduled payday if they did any work during the...
If your company is focused on generating higher profits, you may think it makes economic sense to do as much as possible in-house. But take a look at four smart reasons to outsource payroll: 1. Save time. Getting payroll calculated, processed and distributed takes countless hours. Computer...
Did you know that 67% of the annual revenue of the U.S. Treasury comes in through the federal payroll withholding system? That’s approximately $2.2 trillion of payroll withholding that payroll professionals are responsible for accurately calculating, collecting, reporting and depositing. Here are several not-so-fun payroll statistics...
Payroll is one of the most complex administrative tasks employers face. And because of the tremendous importance of payroll to American households and the economy, there are many rules surrounding it. Here are answers to some payroll and employment questions you may have: Q. Is an...
The Fair Labor Standards Act (FLSA) is a federal law requiring that most employees receive at least minimum wage for each hour worked and overtime pay for hours worked over 40 in a workweek. Some employees, however, are not entitled to overtime, while others are...