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The Benefits of Having an Online Human Resource Platform (HRIS)

The Benefits of Having an Online Human Resource Platform (HRIS)

A Human Resource Information System (HRIS) is a valuable platform that can benefit businesses of all sizes. HRIS systems enable employees, managers, owners and HR personnel to conduct vital HR activities electronically, saving time and resources to improve overall productivity. Some of the services that an HRIS platform can provide are:

Tagged with: hris
Posted in Human Resources, Payroll, Small Business Management

Top 2 HR Mistakes that Business Owners Make

Top 2 HR Mistakes that Business Owners Make

Employers, while usually very well-intentioned, tend to make two HR mistakes – both of which are related to money and can result in the loss of it if the law is not followed.  What constitutes fair and proper payment of wages is dictated by state and federal law, so it’s important for business owners to avoid mistakes related to pay that can result in legal action. Read on for some helpful information about the 2 most common HR mistakes, so you can avoid them in your business.

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Posted in Human Resources, Payroll

What Should Employers Know About Giving Employees Raises?

What Should Employers Know About Giving Employees Raises?

Raises for the right reasons can be very effective. Occasional pay raises are a crucial part of running a successful business and retaining good employees. When your employees work hard and continue to perform well over an extended period of time, it’s important that you recognize their contributions by raising their pay. It’s also a good idea to consider adjusting the overall rate of compensation for your employees if economic or company factors change, such as an increase in the general cost of living. This will keep you competitive with the open job market. Keep in mind that rewarding employees

Tagged with: payroll, raises
Posted in Payroll

Wage Garnishments: What are Your Responsibilities as an Employer?

wage garnishments

Wage garnishments can be a delicate subject that many business owners would rather not get involved in. It can be unpleasant and awkward to have to deal with an employee’s personal debts. Unfortunately, you, as an employer, are responsible for responding to and handling a writ of garnishment. Not only is it uncomfortable, garnishments involve a lot of administrative work that can be time-consuming and tedious.

Tagged with: child support, court order, debt, garnishments, wages
Posted in Human Resources, Payroll

Setting the Right Foundation of Unemployment Basics

unemployment

Understanding the unemployment claims system can go a long way in keeping taxes low for you, the employer. The system differs by state – and it applies to businesses that employ as few as one worker. Dealing with unemployment claims is a time consuming process and the degree to which it is done well can affect how much you pay in unemployment taxes. So how does it all work – and what do you need to know as an employer?

Tagged with: unemployment, unemployment benefits, unemployment claims
Posted in Employee Benefits, Human Resources, Payroll, Small Business Management

Time Clock Systems: A Valuable Tool for Employers

time clock system

Many small businesses rely on employees to accurately report the time they start and stop working each day. While this simple approach may work well for some very small businesses with consistent employee schedules; most employers can derive good benefit from having a more accurate and reliable record of employee hours worked. Business owners can tend to shy away from time clock systems to avoid added costs, but the investment may actually save you money in the long run.

Tagged with: schedules, time clock systems, Time management, wage and hour
Posted in Human Resources, Payroll, Small Business Management

Top 5 Pitfalls of Payroll Taxes for Small Businesses

small business payroll taxes

If you have employees, you have employment taxes. And with the IRS cracking down on smaller-sized businesses that are failing to properly report and/or file payroll taxes, it’s not advisable to take a light-hearted approach to managing payroll taxes. It’s imperative to properly calculate, withdraw, report and deposit tax monies from employees’ paychecks. Every employer must account for federal income tax, social security, Medicare, and federal and state unemployment tax.

Tagged with: Employment, irs, payroll taxes, tax
Posted in Payroll

President Obama Proposes Changes to FLSA

FLSA

President Obama wants his administration to change the rules regarding who is eligible for overtime pay under Fair Labor Standards Act (FLSA). He recently directed the Department of Labor to do its first update of FLSA regulations in 10 years.

Tagged with: exemptions, FLSA, Obama, overtime, white house
Posted in Human Resources, Payroll, Regulation

Joint Employment between Companies under FLSA

overtime pay

If you own more than one business or have a business relationship with another company in which you “share” the same employees, it can be a convenient arrangement. The employees can get extra work (and extra pay) without the hassle of trying to juggle the schedules of having two separate jobs. It can also be handy for the employers for the same reasons. However, it is important for employers to be aware of the provisions in the law in situations like this.

Tagged with: FLSA, joint employment, overtime
Posted in Employee Benefits, Human Resources, Payroll

What You Need To Know About Work Week and Overtime Pay

Calculating wage and hour for exempt vs. non-exempt employees

When you’re an employer calculating overtime pay for an employee, the definition of “work week” means something very significant in legal terms. It’s actually the basis of determining overtime for purposes of the Fair Labor Standards Act (FLSA).

Tagged with: FLSA, overtime, wage and hour, workweek
Posted in Payroll, Regulation, Small Business Management