Findings from the Bureau of Labor Statistics has reported that US job openings soared by nearly one million! That’s the highest-level number overall since the bureau started tracking data over twenty years ago. In addition, there are several hot job markets that are hiring, which you can read more about here. Economists had originally predicted…
Labor Market Explodes with Millions of Job Openings Read More »
By definition, payroll is the function of a business paying its employees. Payroll includes the distribution of currency in the form of checks and/or direct deposits into an employee’s bank account. A vital aspect of payroll also includes keeping records of these payments and paying taxes on behalf of those employees as per the guidelines
What is Payroll and How Does it Work? Read More »
It’s hard enough to run a small business, let alone doing so during a global pandemic. The response to help businesses came in many ways. From a renewed appreciation by communities who now shop locally more than ever to help on the federal level. New ACTS and forgivable loans, aimed at helping small businesses and
How COVID-19 is Changing Payroll Read More »
If you’re a business owner, it’s essential to understand all the tasks and objectives related to year-end payroll processing. Some of these tasks are common yet, good housekeeping practices (i.e. verifying your employee’s social insurance numbers, reviewing your payroll system, etc.), while others are compliancy requirements (i.e. ensuring your payroll taxes have been remitted accurately,
Payroll Checklist: What Businesses Need to do at Year-End Read More »
Disasters come in come in many forms. From fires, floods, hurricanes, and earthquakes to terrorist and cyber-attacks, and yes, pandemics — just to name a few. So when disaster strikes, it’s critical for any employers to have a payroll continuity plan in place. So, what’s a payroll continuity plan? A payroll continuity (or contingency) plan
Got a Payroll Continuity Plan? Here’s What Employers Need to Know Read More »
Running a small business is undoubtedly tough – especially during a pandemic. While managing payroll and compliance may not be the most glamourous part of entrepreneurship, it does have an enormous impact on your business. So, for that reason, we want to share why payroll processing doesn’t have to be painful and bust 10 common
10 Common Payroll Myths Debunked! Read More »
So, like most people these days, you’ve been working from home. But you’re wondering if all the hours you’ve worked, including off-hours and overtime, qualify as “paid” time? Well, you’re in luck! The U.S. Department of Labor (DOL) has issued guidance for both workers and employers on rights and responsibilities under federal leave, wage, and
Can Employees Get Paid for “Unauthorized” Telework Hours? Read More »
Over the last several months the pandemic has forced HR departments to pivot in ways it never has before. As the economy enters this “new normal”, many HR professionals are re-evaluating their strategies and agendas. We are now seeing priorities shift and a more focused approach to some key items which we highlight below. Ensuring
“Pandemic Proof” Your Business Read More »
Back on April 3, 2020, two days after the deadline, New York Governor Andrew Cuomo signed New York’s State budget into law. Included in the budget was a new statewide paid sick leave requirement (in addition to the law NYC has) which is mandated for employers within New York state. The paid sick leave law
NYS Paid Sick Leave Law Soon Takes Effect: What Employers Needs to Know Read More »
In a tweet, New York Governor, Andrew Cuomo, stated he would sign an executive order making June 19th, aka “Juneteenth” a holiday for New York state employees. He went on to say he will “propose legislation” to make it a state holiday for next year. Juneteenth, a combination of the words June and nineteenth, marks
Cuomo to Make “Juneteenth” a Holiday for NY Employees Read More »
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