If you’re a small business owner and are unsure as to whether to pay your employees annually, with a salary, or hourly with payment only for the hours they work, you might find it helpful to ask yourself the following questions: What work will my employees be carrying out? When it comes to deciding between […]
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How The Absence of HR Can Negatively Impact A Business
With ever-changing employment laws and the complexities of hiring employees, it’s difficult for businesses to keep the many different elements of Human Resources functioning efficiently, without help from an in-house HR team, or an outsourced HR provider. Performing a critical role within companies large and small, HR can help businesses remain competitive in an increasingly […]
Everything You Need To Know About State-Mandated Retirement Plans
As far as state-mandated retirement plans go, employers are required to offer all of their employees access to a retirement savings plan or opportunity to save money, but the mandate is only to offer a state-specific plan; you have the freedom to opt for whichever one you think will be of the most benefit for […]
5 Best Practices For Payroll Compliance
Payroll compliance is a big deal for employers, and if you’re not benefitting from the expertise of a third party payroll provider, it can prove to be a confusing and somewhat daunting task. With so many things to keep track of, taxes to be filed and pay to be calculated correctly, payroll can push even […]
Should You Hire An Employee Or An Independent Contractor?
As your business demonstrates growth, you’ll likely be starting to think about growing your team, too. When you take something and make more of it, or expand the services you’re currently offering customers, this naturally comes with a need for a bigger workforce to handle demand. But should you hire a full-time employee or an […]
4 Costly Payroll Errors And How To Avoid Them
Mistakes made when running payroll are typically due to an incomprehension of the many (and frequently changing) rules and regulations surrounding payroll and its associated taxes and compliance. While using an outsourced payroll provider can prevent these mistakes from ever occurring, should you wish to tackle payroll in-house, here are 4 errors to watch out […]