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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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How to Prepare for the New White Collar Overtime Requirements

Insperity

Big changes could be coming to business payrolls across the country. 1 2016, the minimum salary increases to $913 per week or $47,476 annually. The salary threshold for exemption will also increase every three years to match inflation. Meet the minimum salary level (“salary level test”). Effective Dec.

Payroll 190
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Court-ordered employee wage garnishment: an employer’s guide

Insperity

Department of Labor’s Consumer Credit Protection Act , the amount an employer may set aside from a worker’s pay to satisfy a traditional debt is not more than: 25% of the total salary, or; 30 times the amount of the federal minimum wage. Consult legal counsel to understand that laws in the states in which you operate.

Payroll 264
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Pay Up! 10 Steps to Establishing a Payroll Process (Part 1)

Insperity

Whether you have one employee or 1,000, the process for implementing a payroll system is the same. Exempt – These are typically salaried employees who are not eligible for overtime compensation. How do you get started? Which taxes apply to which employees? Where does the money go, and when does it have to be there? Stay tuned!

Payroll 100
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5 benefits of a PEO for businesses with 50-plus employees

Insperity

Think: payroll, employer taxes, benefits enrollment and management, etc. Co-employers share in certain risks associated with hiring and processing payroll for employees, which can help you avoid costly claims or legal consequences, while you remain in control of your business. Note: Not all PEOs are created equal.

Payroll 185
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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. Regardless of such policies, you’ll need to be prepared ahead of time to process payroll according to federal, state and local rules and regulations.

Payroll 177
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Benefits of outsourcing HR for small businesses

BMT Office Administration

Most small businesses focus on their product/service team and sales staff in the early years, but someone still needs to run payroll and handle onboarding for new hires. This includes things like payroll administration, employee benefits , HR compliance, and talent acquisition. How does HR Outsourcing work for small businesses?