Patriot Software

APRIL 3, 2023

Offering a retirement plan comes with a host of benefits, including generous 401(k) tax credits, while also serving as a potent tool for recruiting and retaining top talent. There are also unique benefits that come from integrating your 401(k) plan with your payroll provider.

Retirement 64

Retirement Planning Tools Recruiting Software Payroll 64

Patriot Software

OCTOBER 13, 2022

There are many benefits options you can offer to attract and retain employees, including deferred compensation plans. Learn what a deferred comp plan is, which types you might offer, how they benefit both employees and you, how deferred compensation tax works, and how to […] READ MORE.

Compensation 76

Compensation ATS Compliance Training How To 76

Patriot Software

JULY 26, 2021

Benefits include everything from retirement plans to health insurance coverage. When you dive into different small business employee benefits, you might consider a section 125 plan. But, what is a section 125 plan? Is it a cafeteria plan? Are section 125 plans pre-tax health insurance? Keep […] READ MORE.

Retirement 96

Retirement Employee Benefits Payroll 96

Patriot Software

OCTOBER 13, 2022

Qualified and nonqualified are the two types of deferred compensation plans. To keep your business legal, learn how qualified vs. nonqualified plans differ. Qualified vs. nonqualified plans Qualified and nonqualified deferred compensation plans are both employee benefits for small business.

Compensation 66

Compensation Employee Benefits Strategy Compliance Training 66

Thrive Global

JANUARY 5, 2022

However, an employee can use a performance improvement plan (PIP) instead of firing them. At the minimum, this should include implementing an improvement plan and how the employee progresses. Create a transition plan. Furthermore, this reduces the chances of them spending the weekend planning revenge.

HR Planning 28

HR Planning Patriot Software Hiring Software Handbook 28

Patriot Software

OCTOBER 13, 2022

A nonqualified deferred compensation plan is one type of benefit that both you and your employees can enjoy. Find out what a nonqualified deferred compensation plan is, why you might consider offering it, and how to set it […] READ MORE. You know employees like employer-sponsored benefits.

Compensation 65

Compensation How To Payroll 65

Patriot Software

OCTOBER 14, 2022

Have you avoided retirement plans because of the large fees and time-consuming administration? There are more options than ever, including a plan that has no fees or recordkeeping requirements for employers. If so, I’m happy to tell you that things have changed.

Retirement 77

Retirement Payroll 77

TrustRadius HR

JULY 27, 2022

What Does Payroll Software Do? Payroll software automates, simplifies, and streamlines the payroll process. The simplification these tools create saves time and prevents mistakes. Many packages either come with time tracking software or integrate with time tracking software. Point vs. Integrated Solutions.

Hiring Software 98

Hiring Software Onboarding Software Planning Tools HR Software 98

Patriot Software

AUGUST 31, 2022

State-mandated retirement plans are here to nudge (erhm, push) employers into helping employees save for their future. But, all the different rules and regulations can cause you to trip on your way to offering retirement plans. Don’t get tripped up. We’re here to help you understand your responsibilities.

Retirement 68

Retirement Compliance Training Payroll 68

Patriot Software

FEBRUARY 10, 2022

If this requirement doesn’t apply to you, you might decide to establish a QSEHRA plan. What is a QSEHRA plan? Under the Affordable Care Act, you must provide health insurance if you have 50 or more full-time equivalent employees. A Qualified Small Employer Health Reimbursement Arrangement (QSEHRA) is […] READ MORE.

Payroll 72

Payroll 72

Patriot Software

JULY 11, 2022

In the United States, the most common type of retirement plan is the trusty 401(k). trillion in assets, businesses of all sizes offer this type of plan to help their employees save for the retirement they deserve. With over 60 million active participants and an estimated $7.3 However, not all 401(k)s are the same.

Retirement 75

Retirement How To Payroll 75

Intoo USA

JULY 31, 2019

When planning layoffs, it’s important to first establish business goals for the reduction in force—and consider if those goals might be met without taking the difficult step of laying people off. Harvard Business Review recommends that you “plan the transition so as to do the least damage to company and coworkers.”.

Outplacement 130

Outplacement Employer Branding Patriot Software HR Software 130

Patriot Software

MARCH 11, 2021

Dubbed the American Rescue Plan, this legislation is jam-packed with relief measures aimed at individuals and businesses. The latest COVID package to come out of Washington D.C. and the first of 2021) has been signed into law. Read on to learn the basics of what’s in the economic relief package, and get a closer look […] READ MORE.

Compliance Training 74

Compliance Training ATS Payroll 74

TrustRadius HR

JULY 6, 2022

If you want to save time and get payroll right every time, check out these payroll software solutions for small businesses. What Does Payroll Software Do? Payroll software’s main selling points are time savings, accuracy, and compliance. A fully automated system can run payroll in five minutes or less.

Hiring Software 98

Hiring Software Onboarding Software HR Software Planning Tools 98

Patriot Software

SEPTEMBER 16, 2022

As a small business owner, you have to hope for the best and prepare for the worst. One of the worst things that can happen to your small business is a natural disaster. You may be required to pay employees even if they aren’t working during or after a disaster. Learn more about disaster recovery […] READ MORE.

Payroll 77

Payroll Compliance Training 77

Intoo USA

JULY 31, 2019

When planning layoffs, it’s important to first establish business goals for the reduction in force—and consider if those goals might be met without taking the difficult step of laying people off. Harvard Business Review recommends that you “plan the transition so as to do the least damage to company and coworkers.”.

Outplacement 100

Outplacement Employer Branding Patriot Software HR Software 100

Patriot Software

JANUARY 25, 2021

As an employer, you can offer small business retirement options, like 401(k) plans, to your employees. There are a few different types of 401(k) plans to choose from. But when it comes to 401(k) options, it isn’t just a one and done type of deal. 401(k) Overview Let’s brush up on what 401(k) is, shall […] READ MORE.

Retirement 73

Retirement Payroll 73

TrustRadius HR

JULY 27, 2022

What Does Payroll Software Do? Payroll software automates, simplifies, and streamlines the payroll process. The simplification these tools create saves time and prevents mistakes. Many packages either come with time tracking software or integrate with time tracking software. Then stay away!

Hiring Software 52

Hiring Software Onboarding Software Planning Tools HR Software 52

TrustRadius HR

JULY 27, 2022

What Does Payroll Software Do? Payroll software automates, simplifies, and streamlines the payroll process. The simplification these tools create saves time and prevents mistakes. Many packages either come with time tracking software or integrate with time tracking software. Then stay away!

Hiring Software 52

Hiring Software Onboarding Software Planning Tools HR Software 52

TrustRadius HR

JULY 6, 2022

If you want to save time and get payroll right every time, check out these payroll software solutions for small businesses. What Does Payroll Software Do? Payroll software’s main selling points are time savings, accuracy, and compliance. A fully automated system can run payroll in five minutes or less.

Hiring Software 52

Hiring Software Onboarding Software Planning Tools HR Software 52

TrustRadius HR

JULY 6, 2022

If you want to save time and get payroll right every time, check out these payroll software solutions for small businesses. What Does Payroll Software Do? Payroll software’s main selling points are time savings, accuracy, and compliance. A fully automated system can run payroll in five minutes or less.

Hiring Software 52

Hiring Software Onboarding Software Planning Tools HR Software 52

Patriot Software

APRIL 15, 2024

Payroll forecasting is an essential part of financial planning that requires you to analyze and understand your company’s payroll data. Between taxes and benefits, an employee costs up to 32% more than their wages. To accurately budget for your payroll-related expenses, try payroll forecasting. Read on to learn […] Read More

Payroll 93

Payroll Strategy Data Compliance Training 93

Patriot Software

APRIL 27, 2022

COVID ushered in a new era of problems for parents requiring new solutions, like employees working flexible or fewer hours. Another solution that’s gained new ground? Employer-provided childcare benefits (aka a dependent care assistance plan). Daycare labor shortages.

Planning Tools 71

Planning Tools Compliance Training Payroll 71

Patriot Software

AUGUST 31, 2022

Most employees expect certain workplace benefits, such as health insurance or retirement plans. Commuter benefits aren’t just popular in big cities with prevalent public transportation systems. But coming up with unique and appealing perks, like commuter benefits, can further your chances of attracting and retaining top talent.

Planning Tools 71

Planning Tools Retirement System Payroll 71

Patriot Software

OCTOBER 17, 2022

Are you thinking about offering retirement plans at your small business? Two common retirement plans for employees are individual retirement arrangement/account (IRA) plans and 401(k) plans. Maybe you are considering establishing a Roth, or post-tax contribution, retirement plan.

Retirement 85

Retirement ATS Payroll 85

Patriot Software

FEBRUARY 13, 2019

After the funeral, plan a time to meet with the employee’s beneficiary or beneficiaries. If you plan on replacing the deceased employee in the future, tactfully let your workforce know. Tell employees when you plan to start the hiring process. Do you offer benefits like health insurance, life insurance, and retirement plans?

Hiring Software 40

Hiring Software Planning Tools Payroll Time and Attendance 40

Patriot Software

AUGUST 30, 2022

Employee raise expectations and employer plans are out of sync. And, raises can reduce your employee turnover. You can give raises for merit or increasing job value. You might also give a cost of living raise. Our free […] READ MORE.

Payroll 104

Payroll 104

Patriot Software

MARCH 23, 2022

S corporations can take advantage of retirement plans. However, there are certain rules you have to follow when it comes to contributions and retirement plans for S corporations. Learn about the various types of retirement plan options for S Corps and how to handle S Corp retirement contributions the right way.

Retirement 84

Retirement Compliance Training How To Payroll 84

Patriot Software

FEBRUARY 4, 2019

Having a solid process ensures fairness and a more efficient unlimited PTO system. Include requirements for employees to follow such as: Communicating with their team about when they plan to take PTO. Patriot’s HR software lets you upload documents that you can share with employees. two weeks).

Policies 45

Policies Hiring Software Planning Tools HR Software 45

Patriot Software

AUGUST 30, 2022

Common employee benefits can range from different insurance options to types of retirement plans. An HSA, or health savings account, is a plan where individuals put aside pre-tax […] READ MORE. Most businesses offer employee benefits in addition to regular wages. Some employees have the option of opening an HSA. What is an HSA?

Retirement 76

Retirement Employee Benefits Payroll 76

Patriot Software

SEPTEMBER 26, 2022

When it comes to business, things don’t always go according to plan. At some point, you may find your company struggling to stay afloat financially. And if that time comes, you may need to furlough some workers to avoid drowning. So, what is furlough? Keep reading to learn the definition of furlough, examples, and how […] READ MORE.

Examples 90

Examples Compliance Training Company ATS 90

Patriot Software

JANUARY 16, 2019

If you have fewer than 15 employees, you should still be compliant, especially if you plan on expanding your workforce. Keep employee files safe and secure using a cloud-based system. Patriot’s online HR software add-on lets you secure personnel files without a filing cabinet. ADA guidelines.

Guidelines 45

Guidelines Hiring Software HR Software Planning Tools 45

Patriot Software

APRIL 6, 2023

Do you plan on offering your employees paid sick leave? Are you a new employer in the Commonwealth of Massachusetts? If the answer is no, it’s time to reassess. Most employers must provide Massachusetts paid sick leave under state law.

Compliance Training 72

Compliance Training Payroll Resources 72

Patriot Software

APRIL 19, 2023

Sure, you plan to repay them. You ask an employee to run a few errands for the office. They end up with a $10.79 coffee shop bill, $56.99 at the office supply store, and $25.28 at a local pizza joint. But how much do you know about employee expense reimbursement? Receipt […] Read More

Payroll 70

Payroll How To ATS Resources 70

Patriot Software

JULY 28, 2022

Here’s a shocking stat: More than 600,000 private-sector employees in Connecticut don’t have an employer-sponsored retirement savings plan. As with similar state retirement programs, MyCTSavings brings a mandate for many small businesses: Offer a retirement plan to […] READ MORE.

Retirement 66

Retirement Payroll 66

Patriot Software

OCTOBER 17, 2022

As a small business owner, you might be confused by all the different small business retirement plan options out there. One retirement option you can offer is an individual retirement arrangement, or account (IRA). There are several types of IRA accounts you could consider.

Retirement 76

Retirement Payroll 76

Patriot Software

FEBRUARY 13, 2023

New Jersey started its paid family leave plan in 2009 with the New Jersey Family Leave Act. New Jersey paid family leave (PFL) made NJ the second state (after California) to pass a PFL policy. If you’re a New Jersey employer, you need to know about your responsibilities. Q&A for New Jersey paid family leave […] Read More

Policies 68

Policies Payroll 68