How to keep track of payroll hours with an Excel Spreadsheet


How to keep track of payroll? If you’re wondering how to keep track of payroll, here is a good start. The spreadsheet eliminates the hassle of trying to read or interpret employee time-punch data. This will save your payroll department processing time.

The Best Way to Process Payroll [Updated for 2020]


Or you own an existing one that is moving into the realm of employees. Payroll is one of the most important processes to handle correctly. Learn to Process Payroll Efficiently and Legally. We’ve created a comprehensive 5-part payroll processing guide to help you.


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The most common employee documents used at trial

Business Management Daily

How do you protect your company in the event you go to trial? Maintaining HR documents is an essential step in protecting your company, and yourself, in the event you go to court for civil litigation, criminal charges, or other investigations. In the U.S., Training.

Got a Payroll Continuity Plan? Here’s What Employers Need to Know


So when disaster strikes, it’s critical for any employers to have a payroll continuity plan in place. So, what’s a payroll continuity plan? The plan should outline ways to manage payroll through the disruption. The U.S. Backup copies of payroll files.

How to set up a payroll process: 10 steps


The reward they’re thinking of, however, is a steady paycheck. Not only do you have to figure out the proper way to pay your people, you have to withhold the appropriate taxes, deposit them and report them to the government. Use a payroll service. The U.S.

How Long to Keep Payroll Records


You never know when the IRS, the DOL or the EEOC will demand to see your paperwork, which is why it’s so important to retain payroll records. To make things more complicated, each agency has its own rules for which documents you have to keep and for how long.

5 benefits Payroll software can deliver to HR

HR Morning

As an HR professional, you usually don’t have to deal with payroll tasks beyond the basics when onboarding a new employee. But making sure workers get paid is essential to your job, since you’ll be the one dealing with any complaints. Most HR software solutions have a payroll module that comes preloaded, but if yours doesn’t consider talking with your software vendor to see if it can be added on. There are many benefits to having payroll software.

The Pros and Cons of Self-Service Payroll


Payroll processing can be one of the most time consuming and paper-intensive tasks a business has to manage. When you consider scheduling, time tracking, and all the other aspects of payroll , the amount of administrative work quickly adds up. The Pros.

A payroll processing checklist for small businesses

Genesis HR Solutions

Anyone who’s ever run payroll knows that it is a detail-oriented, sometimes arduous process. And for business owners and other company leaders who are tasked with the job, it can be overwhelming. Anyone who’s ever run payroll knows that it is a detail-oriented, sometimes arduous process. We've created this checklist to help you be more confident with your payroll processing. Payroll Processing Checklist: A Template. Are anyone’s scheduled hours changing?

Why Payroll Processing Services Are Important for Your Small Business? (20 Reasons)

Career Metis

Whether you own a small business or a large organization, payroll processing services can be a complex and time-consuming task. Payroll functions can consist of ascertaining employee wages, preserving taxes, updating vacation and sick pay, or determining employee benefits.

HR TechStack – Payroll Software


Payroll Software Definition. Payroll software is used by companies to streamline and automate employee payment and tax filing. The software typically calculates wages, handles taxes and deductions, and delivers checks. It allows companies to easily perform and track their payroll processes. Payroll solutions ensure employees are paid timely and accurately. Payroll tools are often part of a larger compound core HR product or an HR management suite.

How Does Payroll Processing Work?


Processing payroll is one of the most important, but time-consuming and frustrating tasks businesses face. Every time a new tax law is introduced, big changes to the process can result, especially if you’re shouldering all of the responsibilities. Ensuring accurate and timely payroll requires attention to detail and careful record-keeping, and it’s one of the top reasons why companies rely on a payroll partner who has the experience to handle complex regulations.

4 Common Payroll Mistakes and How to Fix Them


Overtime Pay, Pay Equity, Workers’ Comp, Payroll Taxes. Payroll Taxes. Dump Your Payroll Provider. Payroll Compliance: More Complex Than You Think. Here are four common Payroll mistakes you might be making: Misclassifying Freelancers and Employees. Training.

Recruiting Workers in a Post-COVID World


The world has changed. You don’t have to look far to know that businesses are struggling to find hourly workers. This challenge exists coast to coast across the United States. million during the COVID-19 recession, about 1 million more lost jobs than men.

The Best Time Clock for a Payroll Software Vendor


What is the best time clock for a payroll software vendor? Not so much on the specific payroll software vendor, but on its customers. What do they want to accomplish with the payroll solution? VARs should approach the question of which time clock is best to integrate with their solution by focusing on what their customer needs it to do. Managers could also use such time clocks to push out team messages or short training videos.

What Real Users Love About Their Payroll Department Tools


Payroll departments handle the compensation for all employees, ensuring that they are paid on time and that the correct deductions are withheld. Payroll software lets a payroll department simply enter employees’ hours and wages so the calculations, payments and tax filings can be performed automatically. But what are the features that payroll departments value most in their payroll software? Patriot Payroll.

Are You Responsible When Employees Don’t Report All Hours Worked?

HR Daily Advisor

Employers often place the burden of recording hours worked on employees. Employee handbooks may contain provisions that require employees to record and report all their time worked, and employers may require employees to verify their hours by reviewing and signing their time cards. Policies may prohibit off-the-clock work and notify employees that they must report any errors in pay. Employees Can’t Record Online Training at Home.

10 Easy Ways to Sabotage Your Payroll Process


Running a business means managing a ton of moving parts; payroll is just one of them. With so much going on, even within the payroll process itself, it’s easy for business owners to slip up. Keep an eye out for these payroll faux pas: 1. Let’s say it’s the 15th of the month and you’re swamped. By the time you catch your breath, it’s the end of the day and you’ve missed your window to make that deposit, incurring a penalty.

USA Labor Law Updates


Several measures for COVID-19 business credits and other USA labor law updates are being implemented state-wide across the United States. The IRS (Internal Revenue Service) has proposed several new employer credits to assist business owners during COVID 19. States for the Year 2021.

Are On Demand Paychecks the Way of the Future?


In a previous job, many years ago, when this glorious day arrived, the secretary in a loud voice declared that the “eagle had landed.” Then as soon as possible, we each made our way to her desk to receive the rewards of our previous month’s labor. the next day. Pay day.

Form 943: What to Know About Agricultural Withholding

Patriot Software

Various types of employers must withhold taxes from employees’ wages, including employers hiring farm workers. And, you are responsible for reporting wages on IRS Form 943. Form 943, Employer’s Annual Federal Tax Return for Agricultural Employees, is a form agricultural employers use to report taxes withheld from employees’ wages. You must file Form 943 if you withheld taxes from one or more farm workers’ wages. employee wages and taxes withheld).

10 Things That Business Owners Using a PEO Do NOT Do

Tandem HR

You’ve heard that partnering with a PEO will boost productivity and your bottom line, but what are the benefits reaped most by business owners using a PEO ? In talking to business owners and executives, here are the top 10 things they no longer do now that they use PEO services. Most business owners do not set out to break the law but may end up with practices or procedures that are either borderline or completely outside legal guidelines because they don’t know any better.

How to Prepare for the New Overtime Changes


million workers currently exempt from earning overtime will be qualified to earn overtime due to the “ Final Rule ” passed by the Department of Labor (DOL) on May 16th, 2016. By definition, an individual is currently exempt from earning overtime if he or she meets all of the following three conditions: Performs executive, administrative, or professional job duties. With the new, higher threshold, 8.9 Payroll .

How Long You Should Keep Business Records For


In order to provide a general framework for what you’re expected to retain and for how long, we’ve parsed through many federal guidelines to create a summary of the rules and regulations that apply to most business owners. . Not all employers are subject to all of the laws referenced. Bryan Wood of the Wood Law Office for fact checking. . Hours worked each day. . Total hours worked each workweek. Regular hourly pay rate. Payroll Records.

What Is A Pay Stub? Everything You Must Know About It In 2021


Pay Stubs are nothing but the documentation that you need to provide to the employees while paying their wages. It communicates all kinds of calculations applied to the final paycheck between an employer and the employee with full transparency.

Navigating through state pay statement requirements

CIC Plus

When employers need to consider regulations regarding pay statements, it’s at the state level. It can be difficult to keep track of all the regulations. Let’s look at some of the variance in state labor laws related to pay statements and what you can do to stay on top of them.

Tracking Time and Attendance for Remote Workers

nettime solutions

When Tara Hood logged in from her home office recently, she was doing what more than 100 million other professionals across the US were doing: working remotely. That’s the estimate of how many workers currently make up the remote workforce. And the number is on the rise. According to a 2015 report on the remote workforce, the International Data Corporation (IDC) projected that remote workers will make up nearly 75% of the US workforce by 2020.

COVID-19 (Coronavirus): Country Updates


Due to COVID-19, government authorities across the globe are introducing new measures relevant to employers and employees. Country specific information has been arranged alphabetically by country name below so you can easily find the information that is relevant to you. The U.S.

Is Your Employee Asking for a Raise? Here’s What to Do

Patriot Software

At some point, your employee may ask for a higher salary or hourly wage. Although raise conversations can be uncomfortable for both you and the inquiring employee, you need to know how to handle them. According to one report , 37% of workers have asked for a wage increase from their current employer. Chances are, your employees may ask you for a wage bump, too. Listen to the employee, but wait to respond. Be sure to collect information from the employee.

New Overtime Rule: Minimum Salary Raised to $35,568


The Department of Labor (DOL) has officially released a final overtime rule that raises the minimum salary amount to $35,568 to qualify for exemption under the Fair Labor Standards Act (FLSA). When does the new overtime rule take effect? The new overtime rule takes effect January 1, 2020. Related articles: New Overtime Rule: Minimum Salary Raised to $35,568 Minimum Wage Increases – July 1, 2019 Can an employee be forced to work overtime?

Hiring Seasonal Workers? Here’s a Checklist to Guide the Process


Many businesses are staffing their teams in preparation for the busy holiday season. Figure out the basics. But before you do that , it’s important to determine your hiring budget, your needs, and the length of employment you’re hiring for. Are you looking to hire employees that will be terminated at the end of busy season? Decide what you want early on and be transparent during the interviewing process.

7 FLSA record-keeping violations and how to avoid them


If you look at your employee files right now, do you have the necessary records of who worked, when and for how long? Not understanding the rules established by the Fair Labor Standards Act (FLSA) means you could run the risk of an inspection for possible violations, legal battles and significant fines. What is the FLSA? In other words, every exempt employee may not be exempt from the same requirements. The U.S. per hour as of July 24, 2009.

How much does a PEO cost?

Genesis HR Solutions

If you’re considering partnering with a PEO, the question that’s inevitably on your mind is this: How much does a PEO cost? Here’s the truth: It really depends on your business and your needs. Technology —The other factor that’s becoming increasingly relevant is technology.

QSEHRA Plan: Health Insurance Alternative for Qualifying Small Employers

Patriot Software

Under the Affordable Care Act, you must provide health insurance if you have 50 or more full-time equivalent employees. Employers fund QSEHRAs—up to the contribution limit—and can deduct their reimbursement expenses from their taxes. The 21st Century Cures Act established the small business HRA in 2016. You cannot provide a QSEHRA plan if you were an ALE in the previous calendar year. You pay below the qualified small employer HRA contribution limit.

Proposed FSLA changes bring added costs, complexity

HR Times

The Department of Labor (DOL) has proposed changes to the Fair Labor Standards Act (FLSA) 1 that will dramatically increase the number of employees who must be paid on an hourly basis. If the regulations are finalized in the summer of 2016 as expected, employers will have 60–90 days to comply. This is a narrow window given the organizational impacts and the decisions that will need to be made, which can stretch beyond HR to IT, finance, and operations.