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2025 promises to be a busy year for labor law as a new administration returns to the White House. To get you ready for the wild ride that might be headed our way, PrismHR has compiled a list of “25 Payroll & HR Legal Developments to Watch in 2025” as well as our suggestions on how to handle those changes or potential changes.
Automating time tracking eliminates manual processes associated with tracking employee hours and scheduling shifts. It’s time to talk about time tracking and scheduling. The time-space continuum may not depend on it, but your clients’ businesses will. The most recent figure is 34%. “If
Some people might look at the title of today’s article and say, “Wage garnishments? 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. Wage garnishments happen more often than you might think.
One very important partnership that we haven’t spent much time covering is the partnership between human resources and payroll. Jones] Employee benefits are typically any additional non-wage compensation provided to the employee beyond their typical salary or hourly wage. What are benefits, perks, and discount programs?
Department of Labor changes to overtime pay, Kronos has published a research brief on The Changing Face of Wage and Hour Law. (Editor’s Note: Today’s post is brought to you by our friends at Kronos , the global leader in delivering workforce solutions in the cloud. To help employers navigate the upcoming U.S. Enjoy the post!).
HR managers who do not fully automate lose an average of 14 hours a week completing tasks manually than can be automated. HR managers who do not fully automate lose an average of 14 hours a week completing tasks manually than can be automated. Payroll is the most commonly automated aspect of HR today.
Also read: The Impact Of Machine Learning In HR. One company already operating a blockchain-based payroll system is Bitwage , a San Francisco-based organization that uses the technology to facilitate cross-border payments through use of Bitcoin. Will what the tech journalists say be true? Many companies do. Blockchain.
Boehm, an associate with the law firm of Fisher & Phillips, LLP, shared his expertise on these wage and hour issues in a recent webinar presented by BLR® and HR Hero®. Are you streamlining your payroll tasks for maximum effect? Start right now with the free whitepaper from Kronos, Take Control of Your Payroll Process.
The return to work implicates virtually every area of labor and employment law, from workplace safety to wage and hour to leaves and accommodations. Changing employment laws. Sudden layoffs and furloughs. New safety regulations. Below is a condensed version of the Q&A, edited for clarity. Bringing workers back to the workplace.
The return to work implicates virtually every area of labor and employment law, from workplace safety to wage and hour to leaves and accommodations. Changing employment laws. Sudden layoffs and furloughs. New safety regulations. Below is a condensed version of the Q&A, edited for clarity. Bringing workers back to the workplace.
Do you believe that deducting from an employee’s wages can be done at an employer’s discretion? Boehm, an associate with the law firm of Fisher & Phillips, LLP, provided his insight into this tricky wage and hour issue in a recent webinar presented by BLR® and HR Hero®. Learn More. Not so fast! Time and trouble.
A 300% increase in users of UKG Wallet , which offers earned wage access, budgeting tools, financial literacy and counseling, and peer-to-peer payments that UKG customers say is a significant recruitment and retention tool. The momentum across all areas of our business shows how important what we do is.”
Savings in payroll-related costs for companies. Besides the threat of class action lawsuits, misclassification of workers can lead to liability for unpaid tax withholdings, unemployment insurance taxes, workers’ compensation premiums, overtime, minimum wages, sick and vacation pay, among others. by Lisa Higgins, Contributing Editor.
The business loses in that scenario in terms of payroll but also productivity loss. Recent stats are hard to come by, but the American Payroll Association once reported that 2.2% of payroll losses and almost 75% of companies are affected by buddy-punching issues. Have you ever been on the “fence?” It reportedly led to 1.5
Catch-up contributions Effective 01/01/2024 Employees in a 401(k) and 457(b) plan whose wages exceed $145,000 (adjusted for the cost of living) for a prior plan year can only make catch-up contributions as Roth contributions (i.e., 7 Benefit Program Changes Resulting from the SECURE 2.0 The Secure 2.0 Act of 2022 (SECURE 2.0)
If you are a small to midsize business or nonprofit organization and you’ve never heard of a PEO, keep reading—you’ll be surprised to learn how partnering with a PEO can make your company more attractive to employees, and even help grow your company’s bottom line. Payroll processing and tax compliance. Download our free whitepaper.
In this webinar you will learn about… Rehiring your workforce and doing it the right way How to rebuild employee trust post-COVID HR pain points during the pandemic. Reimagining Pay to Drive Success in the Post-COVID-19 Workplace. Webinar Series. Reimagining Pay to Drive Success in the Post-COVID-19 Workplace.
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