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The complete year-end payroll checklist for small businesses

Homebase

Year-end payroll : It’s a doozy, especially when you’ve got so much on your plate with the holiday rush. Simply follow this checklist to mark off all the boxes and close your payroll process faster so you can enjoy the holidays and prepare for 2022. . Complete and submit the following payroll tax forms before the start of the year: .

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Rising healthcare premiums are eating away at employees’ paychecks

HR Brew

From 1988 to 2019, US families receiving employer-sponsored insurance lost $125,340 on average as a result of increasingly expensive healthcare premiums, the analysis published in the Journal of the American Medical Association (JAMA) Network found. “A Under this model , employees may set different healthcare premiums based on salary bands.

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Paycheck Protection Program: How to Ensure Your Business is Eligible for Loan Forgiveness

Netchex HR Blog

Part of the CARES Act passed in March (and then replenished a month later ), the Paycheck Protection Program (PPP) is a loan program for small businesses designed to provide a direct incentive for keeping their workers on the payroll. How are “payroll costs” defined under the PPP? Does not include 1099 payments.

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5 HR Benefits PEOs Offer Non-Profit Organizations

Extensis

A PEO is an HR outsourcing firm that helps small- and medium-sized businesses (SMBs) manage crucial employee tasks like benefit administration, recruiting, payroll, and risk management. Here’s a look at five such HR benefits provided to non-profit partners.

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6 common PEO myths debunked

Insperity

And it’s natural to have a few concerns at first, especially if co-employment is a new concept to you. But let’s take a close look at six myths about PEOs. payment of wages and payroll processing). Its role is similar to a director of human resources (HR), a trusted confidant at the leadership table, operating at your direction.

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8 Challenges Small Business HR Professionals Face in 2020

Zenefits

For HR professionals, sick time — once a payroll check-the-box issue — has come to the forefront. For companies that hadn’t offered healthcare benefits in the past, the pandemic may have shifted priorities to provide coverage for staffers. The COVID-19 ripple effect . COVID-19 has impacted almost all businesses. Staffing levels.

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Wondering how to choose a professional employer organization (PEO)? Ask 7 questions

Insperity

As a co-employer, the PEO you choose will ultimately take responsibility for payroll processing, providing workers’ compensation insurance coverage, providing an employee benefits package and a host of other sensitive human resources (HR) and administrative tasks. How are healthcare benefits funded? The greatest value.