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Steps to take ahead of possible DOL change in exempt salary qualifications

Business Management Daily

Why: Final regulations issued in 2016 almost doubled the salary threshold and were thrown out by a federal court. The current weekly salary is $684 a week or $35,568 a year. Highly compensated employees may be paid at least $107,432 a year, including $684 a week. It’s likely the increase won’t be prohibitive.

Payroll 52
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How Rise Payroll and HR Lends Colour to a Professional Painting Company

Rise

Heidi Jackson, office manager at Envision Painting, shares: “We started in 2016, so we’re coming into our fifth year. Payroll and HR software that paints a different picture . The other thing that’s great,” Heidi continues, “is that the payroll and HR systems speak to each other. We continue to grow.

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Employee Documentation and Record Keeping Requirements

Mitrefinch

According to a 2016 study, the average total turnover for all industries in the workplace stands at 17.8 While some businesses might try to cut corners when it comes to employee documentation and record keeping, there are some documents that are absolutely necessary. What Compliance Risks Entail. The Bare Minimum.

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5 HR Analyst Job Descriptions – A Brief Analysis

Analytics in HR

Most job focus on administrative tasks and basic reporting, very much in line with what van de Heuvel and Bondarouk noticed in 2016: HR analytics is focusing on very basic tasks. To provide proactive and comprehensive HR and benefit administration and support, alongside Payroll support for the UK. Essential Responsibilities.

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How to start an escape room business: a step-by-step guide

Homebase

Create a detailed financial plan and documentation process to present to potential lenders or investors. Homebase offers all the tools and strategies you need, from job postings, to interview tips, to how to manage payroll. Ensure your scheduling and payroll systems are easy to use for both you and your team.

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What’s a Payroll Reconciliation, and Why Do I Need One?

FingerCheck

No matter the size of your payroll, you know that payroll is one of the largest expenses your company incurs. Here are some things you need to verify: Does the total payroll align with the previous payroll? If there is a large difference in your gross payroll between periods, can you account for the difference?

Payroll 40
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IRS Stepping Up Enforcement of ACA

ACA Times

The tax agency just completed sending its Letter 226J penalty notices to employers for the 2016 tax year. The IRS is asking individual taxpayers to obtain documents from their employers to prove that they are entitled to their PTCs, which means more work for already busy HR teams.