In today’s economy where salary and wage increases are minimal and benefits are being scrutinized, variable pay or pay for performance has once again surfaced as means to provide incentive to employees. Salary forecasts as projected by various services; such as, Towers Watson, Mercer, Hay Group, indicate that 2012 will again bring pay increases around [...]
As we are approaching the final quarter of the calendar year, payroll personnel begin to look at items that may impact the W-2. One such item is mileage calculations. Mileage can be paid or taxed in various ways depending on the reason for the transaction. The most common reasons are reimbursement for business use of [...]
Manage complex payroll posting requirements in Microsoft Dynamics® GP PayrollWhen employee’s pay rate changes on a specific date in the middle of a pay period, you can still process payroll with ease with Mid Pay Period Rate Changes. Payroll transactions are automatically updated to reflect both the old and new pay rates for that employee [...]
Every summer, hordes of young people descend on employers with the goal of earning money and gaining experience for the next stage of their lives. And every summer, employers walk a fine line between leveraging this new work force and overstretching its bounds. The U.S. Department of Labor (DOL) is the sole federal agency that [...]
When it comes to creating nontraditional work schedules and how to handle them from a payroll perspective, employers are on their own as far as the U.S. Department of Labor (DOL) is concerned. A flexible work schedule is any alternative to the traditional 9 to 5, 40-hour work week. According to the DOL, these types [...]
Vacation season can create record-keeping nightmares for organizations without written policies to govern the accrual and use of vacation days or paid time off (PTO). Whether your organization lumps sick leave and vacation time in one pot or separate ones, your employee handbook and payroll procedures must be in alignment to avoid any claims of [...]