Outsourcing: Key to Efficient Payroll Management

PCS

Under the California wage payment system, all employers within the State must comply with laws on payroll management including the twice monthly payment of salaries, payment method, and coverage of employees. Importance of Payroll Management. Efficient Payroll Management.

Improve data accuracy, reporting, and compliance by bringing HR and payroll together

cipHR

Improve data accuracy, reporting, and compliance by bringing HR and payroll together. The answer is yes – if you invest in a single, integrated HR and payroll solution. Here are CIPHR ’s top five benefits of choosing a single provider for your HR and payroll.

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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. Payroll Problems. Payroll dishonesty.

Payroll & Tax Compliance: Pointers for Businesses in California

PCS

When it comes to state tax legislation, employers must be knowledgeable about payroll and tax compliance. Payroll Taxes. Payroll taxes refer to duties that federal, state, and local governments collect from companies. Common Compliance Issues.

Timekeeping Integration - The Key to Compliance

Speaker: Cynthia Hoyt, Regional Sales Director, Southland Data Processing

You hear about them almost every day. Another ruling on a wage and hour class action law suit. As an HR Professional, how can you know it all, and how can you help ensure that your company is in compliance? Today, more than ever, accurate timekeeping is the key to compliance. Tracking employees' time on paper just isn't cutting it, and you could be left holding a timebomb. ready to explode at any minute.

How Payroll Systems Work for Small Businesses

PCS

What is an effective payroll system ? These include payroll registers, reimbursements or refunds, and attendance reports. Payroll Software Features & Capabilities. Many small enterprises use a payroll software mainly for organizing payment of wages and filing of taxes.

How Does Payroll Outsourcing Maximize the Efficiency of Your HR Team 

Hppy

Payroll is a critical part of HR management and is a time-consuming activity that needs to be performed every month. The HR managers are forever shrouded with the pressures of managing compliances and following the regulations when handling payrolls. Meeting Compliances.

4 Compliance Strategies that Create Labor Efficiencies

HR Bartender

So, making sure that organizations have the systems in place to properly manage the payroll process is vital. That includes compliance with employment tax payment and reporting rules with each of the various local, state, and federal agencies to avoid penalties.

What to Expect from the 2021 GPA Global Payroll Survey

Immedis

I am always curious to know and understand what others in the global payroll world are experiencing, and whether they too see the industry undergoing a massive transformation. Immedis recently paired up with the GPA for their latest annual payroll survey.

5 Common Payroll Compliance Mistakes to Avoid

BerniePortal

Payroll is a core HR function that carries a lot of importance but often comes with a high possibility of mistakes. While payroll mistakes are common, they can be costly to organizations and decrease employee satisfaction. Here are 5 common payroll mistakes and how to avoid them.

Global Payroll Reporting: What Good Looks Like

Speaker: Amber Morris, VP Commercial Development, Immedis

If you can’t measure it, you can’t manage it. In a data driven world, reporting is becoming increasingly more important for driving key business decisions. With real time, up-to-date information on your organization housed within your payroll department, global payroll reporting has fast become a hot topic for multi-national companies. Board level reports with accurate, real time information is the end goal. But better reporting starts with good data.

Top 3 Payroll Pain Points for Staffing Firms—and How to Prevent Them 

Prism HR

Ensuring a smooth payroll process is one of the best ways you can support your employees. That said, your chief focus is probably recruiting and retention—not payroll. In staffing, delivering prompt, accurate payroll should be a key component of any recruiting and retention strategy.

Smart Solutions for Common Payroll Issues

PCS

Growing enterprises must learn the ins and outs of payroll management. Here are some of the common payroll problems and possible solutions for each. . Experienced service providers offer payroll services that you can avail of. Difficulty of Tax Compliance – Outsource to Experts.

Guide to Business Continuity Planning in Payroll

CIC Plus

In the best of times, the payroll department can seem somewhat invisible to the rest of the organization. And, when a major disruption does occur, the essential value of payroll becomes obvious. The essential components of a business continuity plan for payroll.

Benefits and Features of Systematic Payroll Systems

PCS

A payroll system refers to the organized process of paying employees’ wages and filing of employment taxes. Payroll section personnel normally use software in doing calculations and deductions. This system helps in making the payroll process faster and more efficient. Proper payroll management will ensure that workers are paid the right amount on time. It maintains compliance and systematizes the conduct of administrative functions.

Charting Your Course Through Changing Regulations

Speaker: Bonnie Treichel, Senior Consultant & CCO, Multnomah Group

The world of work is changing. Today it is easier than ever to have employees in multiple cities across several states. Multistate offices used to be reserved for very large employers, but with today’s technology, even smaller employers can embrace this game changer. For employers, the multistate workforce allows the opportunity to cast a broader net to attract the best and brightest talent to the workplace. At the same time, it comes with challenges, including compliance with a variety of rules and regulations across different states and municipalities – some of which may conflict with federal law – and failure to comply could be quite costly.

What Is Managed Payroll — and Is It Right for Your Business?

Zenefits

When payroll is the function being fully outsourced, the practice is known as “managed payroll.”. Managed payroll is when the employer outsources the vast majority of its payroll responsibilities to an external provider — which basically becomes the employer’s payroll department.

How To Avoid 6 Common Payroll Compliance Mistakes

Unicorn HRO

Payroll practices are governed by both federal and state regulations and non-compliance can lead to serious penalties. In the absence of regulations, managers should ensure that they have implemented their own standardized policies and procedures relating to payroll practices.

HR vs. Payroll: What’s the Difference?

Zenefits

Payroll and HR often work together, but seeing where the line gets drawn can be challenging. With small teams, HR can handle payroll, making the lines even blurrier. What are payroll functions? Payroll is typically a department within finance or human resources.

Are Payroll Software Solutions Worth It?

Zenefits

From tracking hours and paying wages to reporting taxes, payroll is the one area of HR that you can’t get wrong. Manually running payroll is fine for smaller companies with just a few employees. It may be time to look at finding a payroll solution. What is payroll software?

Ringing in the New Year: 10 Things HR Should Do Now

Speaker: Kirsten Goulde SHRM-SCP, M.S., Principal, K. Goulde & Associates,

From #MeToo to the mid-terms, 2018 was a banner year for significant events and momentous societal movements that should make HR practitioners sit up and take notice. HR’s role in protecting organizations as well as their human assets is a complicated business, yet so necessary particularly during tumultuous times. Here are areas for HR to focus to help ensure their companies are on the right track for 2019.

The Top Payroll Companies in Massachusetts

Genesis HR Solutions

Looking into payroll companies in Massachusetts? But is a payroll company really all the help you need? Keep reading to find out whether your ideal solution is purely payroll, or if you might benefit more from a slightly different option (that still includes payroll services): a PEO.

Small business payroll basics: keeping accurate payroll records

Benetech

The post Small business payroll basics: keeping accurate payroll records appeared first on Benetech.

Are You Tracking Gobal Payroll Metrics?

Immedis

Payroll is increasingly under greater pressure to deliver data and in volumes and categories often overlooked. While producing reports is not exactly a new phenomenon to payroll professionals, what is new is the breadth and depth of reporting now requested. Payroll managers.

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.

Un”comp”licating Compensation - Building a Brand People Want to Work for

Speaker: Kathy Steele, CEO, Red Caffeine

Are people your greatest asset? Then fair and transparent compensation and benefits are the way to affirm your organization is dedicated to this pillar of the business. However, having a strategic comp philosophy is only one part of becoming an employer of choice. It is critical to showcase your company culture, establish an employer brand foundation, and modernize your talent strategy. With unemployment levels nearing all-time lows, it’s time to get started and embed your comp practices into a part of your overall employee experience. Join Kathy Steele, an accomplished serial entrepreneur, employer branding expert, and CEO of Inc. 5000 winner Red Caffeine, as she tackles the common business challenge of setting a compensation strategy that aligns with your culture to help you build a brand to attract, engage and retain top talent in a job seeker’s market.

Payroll Services Guide: How do Payroll Companies Work?

Helpside

Running payroll can be a tedious, time-consuming task. Even though it is time-consuming, payroll has to be completed accurately, but it doesn’t have to be done by you. What is a Payroll Service Provider? How do Payroll Companies Work? Benefits of Using Payroll Services.

Ensuring Payroll Accuracy and Compliance: Address, Compensation and Tax Verification

Netchex HR Blog

This can cause serious compliance issues. . Employers are faced with the complexities of multiple and varying wage-and-hour laws and other location-specific pay, tax, and compliance regulations. . How can Netchex help you remain accurate and in compliance?

Strategic Compliance: Wage Garnishment Risk Avoidance

HR Bartender

That’s the payroll department. Payroll departments do handle the processing of wage garnishments. We need to know how to answer questions and support payroll processing. When it comes to compliance, I know that some organizations take the view that “We’ll just pay the fine.”.

Strategic Compliance: Making the Case for Change

HR Bartender

I recently had an HR Bartender reader ask me about the topic of strategic compliance and how organizations should think about creating a strategic compliance strategy. It starts by shifting our views about compliance. Strategic Compliance: More Than a Cost of Doing Business.

HR Technology Trends and Compliance Guide

Speaker: Marcus Ambrozy, Senior Sales Consultant, Hodges-Mace

Technology is evolving, and the workplace is evolving with it. In 2016, 43% of Americans reported that they spend at least some time working remotely, and Gallup has found that the ability to work flexible hours and work remotely greatly impacts employees decisions about whether or not to leave a job. For HR professionals, technology can improve the accuracy of your payroll data, make it easier to enroll employees in benefits (and change them), and free up your time for the big-picture projects you need to focus on. However, with change comes complications, and the key to maintaining compliance across a diverse and shifting employee landscape depends on implementation.

Small Business Compliance Basics

Helpside

There are a lot of compliance laws you need to be aware of as an employer. Below are some of the most important payroll and HR laws to know to keep your small business in compliance. Wage Payment Compliance. Anti-Discrimination Compliance. Benefits Compliance.

Panel – Global Payroll: Compliance without Complexity

Global Upside

Panel - Global Payroll: Compliance without Complexity. Having trouble overcoming the challenges posed by global payroll? Global trends impacting payroll. Lessons from the frontline: real world examples of Payroll complexities.

Meeting the Complexity of Global Payroll Compliance

Immedus

Arguably there is no more central issue in global payroll than compliance. Payroll is after all responsible for making sure that people receive the correct pay and on time- a challenge that is getting more difficult with payments fraud on the rise.

Stay on track with this payroll compliance checklist

Business Management Daily

Payroll compliance is no small task. Everyone knows that executing payroll accurately and on time is important, after all everyone wants to get paid for their world. Keeping track of all of the compliance responsibilities can be cumbersome and a mistake may be costly.

Payroll Integration: The Good, the Bad, and the Ugly in Your File

Speaker: Bonnie Treichel, JD, Senior Consultant, Multnomah Group

There are many benefits to keeping up with technology. By embracing ideas like fully-integrated payroll, your organization will be able to save time and resources by eliminating what was once a very manual part of your workflow. In addition, you may be able to mitigate substantial compliance risk by eliminating the potential for human error.

Payroll Data and GDPR Compliance: Everything You Need to Know

Hppy

If so, you need to be sure your payroll data handling is compliant with the new rules. While many people have talked about GDPR compliance in sales, it affects HR even more. Your payroll data can also be sensitive. They can even curtail your payroll data processing.

#1 HR Strategy For a Strong Rebound: Align HR & Payroll

SwipeClock

Payroll is a common HR silo. “Processing payroll takes more than an entire day at 72 percent of the organizations surveyed.” “1 in 4 small business owners report spending more than six hours each month handling payroll taxes internally.”

Deel Raises $30M Series B for Global Payroll and Compliance

LAROCQUE

The post Deel Raises $30M Series B for Global Payroll and Compliance appeared first on HRWins by LAROCQUE, LLC. HCM Payroll VC Deals compliance payroll venture capital

Everything You Need to Know About Switching Payroll Companies

Proliant

Accurate and efficient payroll is vital for your business. However, when your payroll provider isn’t up to par, it can be a pain and even cause you to face compliance issues and expensive fines. Payroll

7 Compliance Challenges Companies Face When Growing Globally

Are you focusing on what’s important when it comes to global compliance? From entity setup to hiring, financial reporting to the ever-changing world of regulations, compliance plays a key role on every step of the journey toward long-term success.