Payroll

Tip • November 7, 2024

Payroll outsourcing: is it right for your company?

What are the advantages and disadvantages of payroll outsourcing? Find out if this practice is right for you before choosing a service provider or software package!

Software • April 25, 2024

Top 6 Best International Payroll Software: Comparison and Reviews [2024 Edition]

There is a wide range of international payroll software on the market. Discover our comparison of the top software solutions in 2024 to choose the right one!

Definition • May 29, 2023

Retroactive Pay Explained: How it Works and Why it Matters

With this complete step-by-step guide, learn what retroactive pay refers to, how it works and how retro pay laws and regulations may affect your business.

Tip • May 22, 2023

Errors in Fair Compensation? Back Pay Calculation to the Rescue!

This article explores back pay calculation and its significance in ensuring fair employee compensation. We cover the definition, examples, determining factors, and differences from retroactive pay. Additionally, we provide a step-by-step guide for accurate calculations and highlight factors like interest, penalties, and taxes. Our goal is to emphasize the importance of back pay calculations for a fair and equitable workplace.

Definition • May 10, 2023

Tick, Tock: Conducting Payroll Audits to Keep Your Time and Money on Track

This article highlights the significance of conducting payroll audits to maintain accurate, compliant, and efficient payroll systems. It provides an overview of the key components of a payroll audit, the benefits of regular audits, and a 10-step guide to conducting a successful payroll audit. The article emphasizes the importance of continuous improvement to ensure ongoing compliance and identify potential issues before they become significant problems.

Tip • May 10, 2023

Payroll Made Easy: The Power of Payroll Report Templates

This article emphasizes the importance of accurate payroll management and explains how payroll report templates can help streamline the payroll process. It covers the benefits, types, customization, maintenance, and essential elements of these templates, and offers tips for accurate record-keeping. The article also stresses the significance of staying up-to-date with payroll-related regulations and investing in reliable payroll software.

Tip • May 10, 2023

Don't Let Payroll Reporting Give You a Headache: A Comprehensive Guide

This article is a comprehensive guide to payroll reporting, including the definition, purpose, common features, and importance of payroll reporting, as well as tips and tricks for leveraging payroll reports for smooth operations, identifying and correcting errors, and understanding the payroll reports that employers need to file. Accurate payroll reporting is crucial to avoid risks such as fines, penalties, legal action, and damage to reputation and employee morale.

Tip • May 10, 2023

The ABCs of Payroll Forms: What You Need to Know

This article is a comprehensive guide to common payroll forms, their key elements, benefits, and how to use them. It explains the importance of using the correct payroll forms for accurate payroll processing and compliance with federal, state, and local tax laws.

Tip • May 4, 2023

Out of Office: Crafting a Time Off Requests Policy That Won't Make You Want to Call in Sick

This article covers everything you need to know about creating a clear and concise time off requests policy, including its definition, importance, benefits, common elements, and rules and guidelines for requesting time off.

Definition • May 4, 2023

Payroll Accounting Unpacked: The Comprehensive Guide to Managing Employee Compensation and Taxes

Discover the essential elements of payroll accounting and the importance of accurate record-keeping in this comprehensive guide. Learn about calculating employee compensation, navigating tax regulations, and the benefits of using payroll software.

Tip • May 4, 2023

From Chaos to Clarity: Using Payroll Flowcharts to Organize Your Process

Learn how to streamline your company's payroll operations with the power of payroll process flowcharts. Discover the benefits of visualizing complex payroll activities step-by-step and implementing efficient processes. Find out how payroll software can enhance your flowchart creation and revolutionize your payroll operations.

Tip • May 4, 2023

SCORP Payroll: The Secret to Saving Money on Taxes Without Breaking a Sweat

This article covers SCORP Payroll, a payroll strategy that helps small business owners save on taxes and streamline their payroll process. It includes the definition of SCORP, its benefits, tax implications, and how to use payroll services to optimize savings. A must-read for all business owners, HR managers, and payroll managers.

Tip • May 3, 2023

The Time is Now: Combating Timeclock Fraud in the Workplace

This article offers practical strategies for identifying and preventing timeclock fraud in the workplace. By understanding the motives behind fraud and common tactics used, organizations can take proactive measures to deter deception and protect their productivity and financial health.

Definition • May 3, 2023

Termination Tango: Dancing Your Way Through the Process

Learn about the importance of a Termination Checklist for employers when terminating an employee. This article covers the essential steps for preparing and executing a termination, as well as tips for creating and implementing a functional Termination Checklist for your business needs.