As a small business owner, you know things don’t always go according to plan when it comes to payroll. Mistakes happen, and even common payroll tasks can leave you scratching your head. And with mistakes and confusion, time can quickly add up. Have you ever found yourself wondering Why does payroll take so long? Keep […]
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Bitcoin Payroll: Weighing the Pros and Cons for Small Businesses
Do you know how to pay employees? There are several methods, like checks, direct deposit, and … bitcoin? You have most likely heard of bitcoin or cryptocurrency while watching the news, reading a newspaper, or searching the internet. You may be asking yourself, What exactly is bitcoin? And, Is there such a thing as bitcoin […]
Read More Bitcoin Payroll: Weighing the Pros and Cons for Small Businesses
Travel for Work: Tips for When Employees Go on a Business Trip
As a business owner, traveling for work can be exciting. After all, what employee doesn’t like driving around town to meet daily business needs, or better yet, going to a new place and meeting new people? But, whether it’s in town or out of town, travel for work can also be time-consuming, complicated, and frustrating. […]
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4 Tips for Negotiating Salary Increase With Potential Employees
Bringing on top talent is tough. With over 4 million employees quitting their jobs per month, you might notice more candidates negotiating salary increase. Why? Because they can. Job seekers aren’t afraid to explore other options if you can’t provide the salary or benefits they want.
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How to Prorate Salary in 4 Steps
Hiring salaried employees can eliminate some of the guesswork out of wage calculations. Typically, an employee earning a salary receives the same amount each pay period. But, what happens when an employee takes an unpaid day of work? In these situations, you must know how to prorate salary.
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Your Guide to Take-home Pay
As an employer, you are responsible for withholding various taxes from employees’ wages. After you subtract all of the taxes and other deductions, money left over is considered take-home pay. Read on to learn more about what is take-home pay and how to calculate it.
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Direct Deposit vs. Check: The Pros and Cons of Payment Methods
Employers can choose from a few types of payment methods to offer employees. One popular option is direct deposit. You can also pay employees with handwritten or printed paychecks. Before deciding what is the best option for your business, you should weigh the pros and cons of each.
Read More Direct Deposit vs. Check: The Pros and Cons of Payment Methods
Is Paying Employees Cash Under the Table Legal?
Some businesses prefer paying employees cash instead of other payment methods, like direct deposit or check. If you choose to pay cash wages, you are still responsible for depositing and reporting employment taxes.
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Can You Spot the Differences Between Back Pay vs. Retro Pay?
Everybody makes mistakes. And if you’re an employer, you’ve probably made (or will make) a payroll mistake at some point. If you make a mistake or forget to pay an employee certain wages (e.g., bonus), you might need to provide retroactive or back pay.
Read More Can You Spot the Differences Between Back Pay vs. Retro Pay?
How Mobile Wallet Works, and Ways to Use Digital Payments for Payroll
As an employer, you are likely familiar with the standard methods of paying employees, such as cash, checks, direct deposit, and pay cards. However, as technology advances, so do the methods of paying employees. Mobile wallets and pay are slowly becoming the future of payroll. In fact, mobile payments are expected to increase to $503 […]
Read More How Mobile Wallet Works, and Ways to Use Digital Payments for Payroll