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How to set up a payroll process: 10 steps

Insperity

Having a firm grasp on these responsibilities and why they are important will help you set up a payroll process that encourages accuracy and is easy to run. Whether you have one employee or 1,000, creating a payroll process is the same. Decide to do payroll yourself or choose a service provider. Use a payroll service.

Payroll 264
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Summer hiring guide: The legalities of employing teens & family

BMT Office Administration

As many of these young workers may be taking on their first job, employers must remember some important payroll considerations. First-Job Jitters It’s natural for employers and young employees to experience some jitters regarding payroll. A clear understanding of the basics can help alleviate those concerns.

Legal 244
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The Coronavirus Aid, Relief and Economic Security (CARES) Act: An employer’s guide

Insperity

The application form will require various good faith certifications, including that the loan is necessary to support ongoing operations and that the funds will be used to retain employees and maintain payroll or make qualifying mortgage, lease and utility payments. Loan forgiveness. Loan amounts. Loans are available in amounts up to 2.5

Security 246
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HR technology trends for 2017: Curing government compliance concerns

Insperity

Once upon a time, businesses with 50-150 employees could manage benefits and payroll through a series of non-automated, disjointed programs. The new overtime regulation would have changed overtime eligibility for white collar, salaried workers earning less than $913 a week ($47,476 a year). Well, those days are gone.

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How to address employee pay in your inclement weather policy

Insperity

It’s important to communicate how payroll will work during a weather-related event, as well as emergency contact information and expectations for attendance. A retail bank, with operating hours of Monday through Friday, 8 a.m. A retail bank, with operating hours of Monday through Friday, 8 a.m. How will you pay exempt employees?

Payroll 177
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Should your company offer a student loan repayment benefit?

Insperity

If you hire two recent graduates and one has student debt and the other doesn’t, will you offer the non-debt-laden employee extra salary? You’ll also have to make sure payroll is prepared to accurately process this taxable income and report it on your employees’ W-2 forms. Will it be fair if you don’t? Create accountability.

Payroll 199
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HSA vs. health care FSA: Which is better for you and your employees?

Insperity

An HSA is a type of individual savings account typically established at a bank, similar to a college or retirement fund. When considering FSAs: Do many of your employees have lower salaries, and families with frequent, predictable health care expenses? And that’s also the clue to how each operates. What you need to know about HSAs.

Payroll 176