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Types of Wages That Might Come up in Your Small Business

Patriot Software

direct deposit vs. paper checks), but you also need to consider the types of wages you will provide. There are also mandatory wages, such as overtime. Read on to learn about the types of salaries and wages you may need to pay employees. Types of wages. Regular wages. Salary wages. Hourly wages.

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Calculating Overtime When Your Employee Works a Fluctuating Workweek

Patriot Software

Read on to learn more about a fluctuating workweek, restrictions, calculations, and how to implement it in your business. An employee who works a fluctuating workweek has a different amount of work hours from week to week. For example, the employee would earn the same weekly salary whether they worked 35 or 40 hours.

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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. You must file Form 943 if you withheld taxes from one or more farm workers’ wages. employee wages and taxes withheld). So, what is Form 943?

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The Pros and Cons of Hiring Seasonal Employees for Your Small Business

Patriot Software

Lower payroll costs. Payroll can be a costly business expense, especially for businesses that operate year-round. As a seasonal employer, you can reduce payroll-related business expenses. As a result, your business only incurs payroll expenses when you have employees. Less training. four months during the summer).

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Neglecting the Nanny Tax Won’t Help the Medicine Go Down

Patriot Software

You may follow all the rules when it comes to running payroll for your small business employees, but what about your household workers? Read on to learn about the nanny tax, how to legally hire a household worker, and your depositing and filing responsibilities. A closer look at nanny payroll taxes. What is the nanny tax?

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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. 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. What do you do when an employee is asking for a raise? Again, wait to respond to the employee.

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Payroll Software Pricing in 2022

TrustRadius HR

Payroll is the lifeblood of HR. Employees can repeat training modules, and HR can revise records. So if you want to maintain the peace and not break the bank doing it, check out these payroll options. What Does Payroll Software Do? What Does Payroll Software Do? Everything else can go wrong.