Anxious. Worried. Helpless. Hopeless. These are the words people frequently use to describe their financial situations. Even in the most upbeat company cultures, workers are still stressed out about their personal finances at home. More than 60% of them have less than $500 in savings, and live month-to-month without much financial cushion in the event [...]
The Tax Cuts and Jobs Act signed into law by President Trump in December of 2017 eliminated the penalty associated with the “individual mandate” beginning in January of 2019. At about the same time, the IRS ramped up ACA enforcement of the “employer mandate”. The result was a mixed message in the ear of employers. [...]
It’s a challenge for any company to attract top talent. According to The Society for Human Resource Management (SHRM), nearly seventy percent of HR professionals across industries report challenging recruiting conditions in the current talent market. Some of this is due to the current low unemployment rate that shows fewer qualified employees looking for work. [...]
Your employees are an essential part of your business, which makes payroll a priority. Companies with strong technology are able to process payroll efficiently and accurately. Unfortunately, not all systems offer simple, effective support right out-of-the-box. Many businesses have unique processes and operations that require additional structure and support. What do you need to turn [...]
Retirement plans are a sought after benefit for many employees, especially when corporate matching is involved. Businesses that offer retirement options may gain valuable, skilled employees; however, they also gain a challenging workload. Managing employee contributions, matching and compliance with strict plan rules is time-consuming and risky when calculations are managed using manual means. Here [...]
Businesses with the right technology in place are able to process payroll on their own, with few problems or exceptions. However, it isn’t always that easy or straightforward. In some cases, payroll can be one of the largest expenses for a business. Complex payroll posting situations like pay rate changes and other exceptions are difficult [...]
Productive employees are able to stay focused, work efficiently and keep to the task at hand. Unfortunately, some employees are struggling with life’s inevitable challenges and are less focused. In many cases, money and personal finances are causes at the top of the list. Employees may be worried about saving money, establishing budgets or learning [...]
Paid time off is a key benefit for employees, and businesses often choose to provide a variety of options. Offering vacation and sick time, personal time, volunteer or comp time is attractive to employees and could provide a valuable tool in attracting and retaining skilled staff. However, managing a variety of leave options can be [...]
Most payroll systems are pretty straightforward. However, your business isn’t. Complicated payroll needs and benefit programs don’t always fit nicely within the payroll software that you have in place. You don't have to be stuck with payroll system limitations, you have options. We offer a number of Microsoft Dynamics® GP Payroll add-on solutions that can [...]
Many businesses utilize an overtime pay program, whereby employees are paid at a different rate for extra hours worked. While overtime pay is mandatory in many situations, overtime pay isn’t a blanket calculation. How it’s applied can vary by region. The state of California, for example, has a unique overtime requirement. While overtime pay is [...]