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PatriotSoftware is headquartered in Ohio, a state that’s been at the forefront of pandemic response. PatriotSoftware’s President and Chief Legal Officer, Mike Wheeler—who is a licensed attorney in the state of Ohio—has been in daily communication […]. Feel free to share and edit as needed.
The post 5 Steps for Changing Insurance Plans at Your Small Business appeared first on PatriotSoftware. Or, maybe you have no choice but to switch. Whatever the case may be, changing health insurance plans can be […].
As an employer, at some point or another, you may have stumbled across the term “full-time equivalent employee.” The post How to Calculate a Full-time Equivalent Employee for the PPP Loan, ERC, & More appeared first on PatriotSoftware. Or, maybe you came across it while looking into COBRA.
If you want to know how to pay employees, take a look at your options. The post How to Pay Employees: Types of Payment You Can Offer appeared first on PatriotSoftware. There are a number of ways to pay employees, especially as money continues moving into the digital sphere. And boy, do you have options.
The payroll software for small businesses and large enterprises have been tested by our experts. Our List of Top Payroll Software of 2021. Take a look below at the list of payroll software for 2021: ADP. Are you wondering where to get a Human Resource provider for services and software? PatriotSoftware.
At some point or another, you may find the need to temporarily shut down your business. appeared first on PatriotSoftware. Maybe your business is struggling with cash flow and needs to lay off workers. Whatever the case […]. The post What’re Your Employer Responsibilities During a Temporary Business Closure?
From state-mandated stay-at-home orders to stimulus packages, there’s a lot changing because of the coronavirus. Federal COVID-19 initiatives Take a look at the following coronavirus relief measures from the federal government. The post Small Business Resources for Dealing With COVID-19 appeared first on PatriotSoftware.
To stay competitive, take a look at the national average vacation time. The post Use the Average Vacation Time to Build Your Business’s Policy appeared first on PatriotSoftware. If you choose to offer paid vacation days as an employee benefit, you might not know how many to provide.
This wasn’t my first time being at a company going through layoffs, but this one was different,” they stated. At the minimum, this should include implementing an improvement plan and how the employee progresses. It was pretty scary to hear that from someone who had just fired 900 people.”. Create a transition plan.
In contrast, if an employee is laid off, the employee isn’t considered at fault but rather a victim of the consequence of a larger company decision, such as a downsizing or restructuring. In general, this means having the meetings at the end of work day. Once you’re all at the termination meeting, don’t make small talk.
The software’s basic pricing is a little steeper than other packages, starting at $39 + $6/employee. PatriotSoftware – Best Value for Small Businesses. Of the providers on this list, PatriotSoftware’s online payroll wins hands down on the cost front. That isn’t to say Patriot is bad.
The topic of gender equality at work is heavily debated. Do hiring managers place more men than women? Do women earn less than men working the same jobs? Are women passed up for promotion opportunities? According to many studies, the answer is yes to all of the above. You can’t solve the nation’s inequalities. But, […] READ MORE.
The average rate of illness or injury at the workplace can affect employers’ insurance costs. With workers compensation insurance, experience rating modification allows a group of businesses to share the risk of undergoing a loss.
While typically not a replacement for full HR software , many payroll packages provide basic HR tools and add-ons. At the higher end, this could include job posting and applicant tracking systems, PTO management, performance management, and HR reporting. PatriotSoftware. PatriotSoftware Monthly Pricing.
For many employees, generous benefits are more important than pay raises. There are many benefits options you can offer to attract and retain employees, including deferred compensation plans.
The payroll software for small businesses and large enterprises have been tested by our experts. Our List of Top Payroll Software of 2024 Take a look below at the list of payroll software for 2024: Deel Deel is a comprehensive platform designed to streamline payroll and compliance for businesses with global, remote, or distributed teams.
In contrast, if an employee is laid off, the employee isn’t considered at fault but rather a victim of the consequence of a larger company decision, such as a downsizing or restructuring. In general, this means having the meetings at the end of work day. Once you’re all at the termination meeting, don’t make small talk.
As an employer, you’re responsible for payroll taxes, like Medicare tax. So, what’s the purpose of Medicare tax? And, what does it include? Keep reading to get a brief rundown. Medicare tax overview Medicare taxable wage is defined as gross earnings minus non-taxable income.
When it comes to running a business, you’re constantly looking for new ways to boost employee morale and increase employee retention. One solution? Creating a leave donation program. But, what is leave donation, exactly? And, how does it work when it comes to taxes? What is leave donation?
The topic of gender equality at work is heavily debated. The post What You Can (and Should) Do to Achieve Gender Equality at Work appeared first on Payroll Tips, Training, and News. The post What You Can (and Should) Do to Achieve Gender Equality at Work appeared first on Payroll Tips, Training, and News. But, […].
The software’s basic pricing is a little steeper than other packages, starting at $39 + $6/employee. PatriotSoftware – Best Value for Small Businesses We have already discussed that the biggest obstacle to moving past manual payroll is cost. If it is, then PatriotSoftware is an excellent choice.
The software’s basic pricing is a little steeper than other packages, starting at $39 + $6/employee. PatriotSoftware – Best Value for Small Businesses We have already discussed that the biggest obstacle to moving past manual payroll is cost. If it is, then PatriotSoftware is an excellent choice.
HR Functions While typically not a replacement for full HR software , many payroll packages provide basic HR tools and add-ons. At the higher end, this could include job posting and applicant tracking systems, PTO management, performance management, and HR reporting. For example, you can pause the service at any time.
HR Functions While typically not a replacement for full HR software , many payroll packages provide basic HR tools and add-ons. At the higher end, this could include job posting and applicant tracking systems, PTO management, performance management, and HR reporting. For example, you can pause the service at any time.
When you hire employees, the excitement is high. But sometimes, you get someone in a position that doesn’t quite work out the way you thought it would. So, you make the tough decision to let the employee go from your business or change the employment relationship (e.g., move the employee to another department). When this […] READ MORE.
You know that paying someone comes at a cost. In addition to giving employees their paychecks, you also have the cost of payroll taxes. So, how much does an employer pay in payroll taxes? Keep reading to learn more about the employer cost of payroll taxes. How much does an employer pay in payroll taxes? […] READ MORE.
Then, at the end of the pay period, you will calculate employee compensation. If you have nonexempt employees, you have to pay them overtime wages whenever they work overtime hours. In each pay period, you need to track employee time worked. You will also have to withhold employment taxes.
An example of this comes from Bernard Coleman III , now global head of diversity and inclusion at Uber. In 2018, Dr. Christie Smith and Kenji Yoshino at Deloitte explored how companies can drive inclusion by looking at how employees feel about their current work environments. Creating an Inclusive Culture.
Layoffs are sweeping the USA, impacting workers at companies like Shopify, Tesla, and Peloton. At some point, you may need to lay off employees in your small business, too. Although not an easy choice, laying off a worker or workers is sometimes necessary to promote growth and development or prevent small business bankruptcy.
At some point, you may find your company struggling to stay afloat financially. When it comes to business, things don’t always go according to plan. And if that time comes, you may need to furlough some workers to avoid drowning. So, what is furlough? Keep reading to learn the definition of furlough, examples, and how […] READ MORE.
But at one point, you may need to hire a statutory employee. Have you ever seen that tiny box on a W-2 form for statutory employees? Have you wondered, What is a statutory employee? If so, you’re not alone. Many employers without statutory employees aren’t entirely sure what this classification means.
At some point in the onboarding process, an employee may ask you how to fill out Form W-4. When you hire a new employee, you must collect a completed Form W-4, Employees Withholding Certificate. This is how you determine federal income tax withholding. Do you know the answer? Read on to learn how to fill […] Read More
But if you’re a new employer, this process can be a bit confusing at first. As an employer, one of your responsibilities is withholding and paying certain taxes, like SUTA tax. Read on to learn what the SUTA tax requirements are in your state. SUTA tax overview Before you dive into the SUTA tax requirements […] READ MORE.
Seven out of 10 Americans aren’t fans of changing the clocks at the start and end of daylight saving time (DST). And if you have employees who work the graveyard shift, you might not like the payroll issues that come with DST. So, how does daylight savings time work when employees are on the clock? […] Read More
Did you employ workers at your small business this year? When you have employees, you need to handle employment taxes, like federal unemployment (FUTA) taxes.
At the same time, you gain an extra set of hands to get tasks done (win-win-win!). […] READ MORE. Do you daydream about working with family members? You may consider hiring your child if you’re a small business owner. That way, you can show them the ins and outs of your business and the importance of hard work.
And if you’re an employer, you’ve probably made (or will make) a payroll mistake at some point. Everybody makes mistakes. 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 on to get the scoop on back pay vs. retro […] READ MORE.
They don’t work at all on Saturday and Sunday. Let’s say your employees come to work Monday through Friday. Monday through Friday is their workweek, right? Not when it comes to the Fair Labor Standards Act (FLSA) and your payroll. For payroll, there are no such things as business days and weekends. Every day must […] READ MORE.
Nowadays, pay transparency is on the rise to help combat gender inequality at work. And, many businesses had or have pay secrecy policies to prevent employees from talking about their compensation. In fact, 17% of private companies practice pay […] READ MORE.
But before employees can be all-stars at your business, you must train them. Hiring new employees is a beautiful thing. Employees can simplify operations and bring in more money for your business. What is the cost of training employees? Hiring new employees? You need some employment forms.
You can create apprenticeship programs at your small business, too! You might be familiar with apprenticeships but not realize how many industries depend on them to thrive. Did you know that apprenticeships are becoming increasingly popular in the United States?
Are you thinking about offering retirement plans at your small business? There are a lot of retirement options to choose from. Two common retirement plans for employees are individual retirement arrangement/account (IRA) plans and 401(k) plans. Maybe you are considering establishing a Roth, or post-tax contribution, retirement plan.
According to one source, 96% of employers conduct at least one type of background screening. If you’re like many business owners, you likely want to do your due diligence before making any hiring decisions. Otherwise, you could be left with some rotten apples and wasted time.
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