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8 Challenges Small Business HR Professionals Face in 2020

Zenefits

Some areas to get ready for — for HR and owners — are likely challenges everyone is facing in 2020. For HR professionals, sick time — once a payroll check-the-box issue — has come to the forefront. For HR professionals, layoffs, slowdowns, juggling schedules, and even making payroll have been difficult. Focusing on wellbeing .

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The PEO Industry in 2020 & Beyond: What The Next Decade Holds

Genesis HR Solutions

Not only do PEO clients get expertise from their PEO partners, they no longer need to do the grunt work for the administration of their company’s HR, benefits, tax, payroll, and compliance issues, giving them time to focus on the core functions of their business—and focus on growth. 4 PEO Trends To Watch In 2020 & Beyond.

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3 Myths About Payroll Service Bureaus and Efficiency

Workday

Tack on “nor the pandemic,” and you get a phrase that perfectly describes the commitment of payroll. The primary role of payroll — to pay employees — has largely remained unchanged in a pandemic-impacted business landscape. Take a Closer Look at Payroll Efficiency. Payroll efficiency is more than streamlined tasks and systems.

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Updated Paycheck Protection Program FAQs

Zenefits

Beginning with allocation of funds received, the PPPFA decreases the percentage of loan funds that must be allocated to payroll only. PPP required employers to spend 75% of their loans on payroll. The PPPFA lowers that amount to 60% of the total loan required for payroll. How much time do I have to spend the loan funds?

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Are you worried about using AI for your business? Tips, Tricks, and Considerations

MP Wired For HR

Tips, Tricks, and Considerations for Using AI in Your Business Create, Implement, and Communicate an AI Policy: Begin your AI journey by developing a comprehensive AI policy that outlines the guidelines for its use across your organization. The possibilities are vast, and with the right approach, AI can propel your business to new heights.

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Payroll Tax Guide for 2020 Year End

Zenefits

In a 2019 survey , 52% of employers said they outsource payroll tax processing, while 48% said they do it in house. If you’re in the latter (in-house) group, you know that payroll tax processing can be chaotic without a detailed guide, especially at year end. This nonexhaustive guide covers: Employee payroll tax rates.

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Paycheck Protection Program: How to Ensure Your Business is Eligible for Loan Forgiveness

Netchex HR Blog

June 3, 2020. Part of the CARES Act passed in March (and then replenished a month later ), the Paycheck Protection Program (PPP) is a loan program for small businesses designed to provide a direct incentive for keeping their workers on the payroll. How are “payroll costs” defined under the PPP?