article thumbnail

Important Reasons for Conducting Payroll Audits

PCS

The payroll audit , sometimes called compliance audit, is the process of thoroughly reviewing a company’s payroll practices and processes. It detects compliance issues regarding employment laws. This function also validates tax withholdings, detects human errors, and mitigates payroll fraud. Payroll Problems.

Payroll 52
article thumbnail

Handling Payroll Audit Functions – In-House or Outsourced?

PCS

Payroll or compliance audit refers to the function of identifying a company’s payroll processes. It determines compliance issues related to employment laws, detects human errors, validates withholding taxes, and checks possible payroll fraud. Business organizations must conduct payroll audit on a regular basis.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Choosing the Best HR Certification – Ask #HR Bartender

HR Bartender

There’s a lot of information on the SHRM and HRCI certification programs, but I wanted to know if there are any other certifications that would make a candidate more attractive to an employer. Both credentials are based on the SHRM Competency Model. Both are based on their competency model. I completely understand the confusion.

article thumbnail

Resolving Important Issues in HR Audits

PCS

Ensures compliance with employment laws. Non-Adherence to Compliance Policies Failure to adhere to employment laws usually lead to penalties, monetary fines, litigation, and damage to the organization’s credibility. Aligns activities with overall business goals. Detect gaps in procedures and practices.

article thumbnail

Human Resources Generalist: Required Job Duties and Skills

Heyyy HR!

In this section, we will discuss the key responsibilities, skills, and competencies required for this role. Skills and Competencies To be successful in this role, a Human Resources Generalist must possess the following skills and competencies: Communication skills: They must have excellent communication skills, both verbal and written.

article thumbnail

New Employment Laws 2023: What SMBs Need to Know

Extensis

Quick look: A new year brings a range of new HR and employment laws. The new year is in full swing, and just like last year , if there’s one thing that human resources (HR) professionals can expect in 2023, it’s a slew of new employment laws.

article thumbnail

Cannabis HR – Who To Trust

Tandem HR

PEOs can ensure payroll and benefits are accurately classified to minimize the impact of 280E on their business. It also allows smaller companies to compete for top talent. Executives are freed from burdensome, albeit necessary, employee relations tasks such as processing payroll, benefits administration, and employment law compliance.