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How leap years affect pay and benefits

HR Brew

But what does that mean for pay and benefits? As February 29 approaches, a quick primer for HR pros on how payroll and benefits are affected during 366-day years: Workers paid on a weekly or hourly basis may see slightly higher pay. It’s a leap year, which means every worker gets an extra day to hit those February deadlines.

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Eleven Common Payroll Mistakes: Critical Strategies for Prevention, Part 1

MP Wired For HR

Eleven Common Payroll Mistakes: Critical Strategies for Prevention, Part 1 March 14th, 2024 Share on Twitter Share on Twitter Share on Facebook Share on Facebook Share on LinkedIn Share on LinkedIn Share via Email Share via Email Every business owner knows the payroll process is one of their most critical responsibilities.

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How to Boost Employee Engagement and Retention for Your Domestic and International Workforce (Hint: Streamline payroll processes)

MP Wired For HR

How to Boost Employee Engagement and Retention for Your Domestic and International Workforce In this post, we’ll talk about how streamlining your payroll processes can help boost your employee retention rate, which can be especially problematic for international companies that employ a global workforce. So, what can you do?

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Common payroll mistakes and how to avoid them

FingerCheck

Payroll management is a crucial aspect of running any business, but it’s challenging and, quite frankly, complex. From miscalculations to compliance issues, payroll mistakes can be costly. If you’re doing payroll manually or haven’t switched to an automated payroll and HR platform (like Fingercheck ), that’s ok!

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Preparing for Upcoming FLSA Changes: Revisiting the FLSA, and the Importance of Complying with Overtime Regulations

MP Wired For HR

On August 30, 2023, the US Department of Labor (DOL) finally released their long-awaited proposal for updating the FLSA. As such, this article will cover the following: What is the FLSA? Unless otherwise exempt, the FLSA ensures that employees are paid time and a half whenever working more than 40 hours in a work week.

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Contractors and Exempt Employees: How Worker Classifications Impact Payroll and Taxes

Netchex HR Blog

What do you need to know about contractors and non-exempt employees? You’re probably familiar with the terms, but what do they really mean and how do they affect the payroll process ? It’s important to know where to draw the line and what happens when someone is misclassified. What’s the difference?

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Evaluating Your Team: What Qualifies as Full-time Hours?

Homebase

In this blog post, we’ll take a closer look at how to define full-time hours. Homebase makes payroll painless. The Fair Labor Standards Act (FLSA) sets the stage for labor regulations in the US. Here’s what you should know about that and other regulatory factors. This makes figuring out full-time status a challenge.