TrustRadius HR

JULY 6, 2022

The average small business owner spends nearly five hours per pay-period processing payroll (Try saying that five times fast). 65% of small business owners said they would rather outsource their payroll processing. 45% said that outsourcing payroll was too costly. What Does Payroll Software Do? What to Consider?

Hiring Software 52

Hiring Software Onboarding Software Planning Tools HR Software 52

TrustRadius HR

JULY 6, 2022

The average small business owner spends nearly five hours per pay-period processing payroll (Try saying that five times fast). 65% of small business owners said they would rather outsource their payroll processing. 45% said that outsourcing payroll was too costly. What Does Payroll Software Do? What to Consider?

Hiring Software 52

Hiring Software Onboarding Software Planning Tools HR Software 52

Patriot Software

AUGUST 30, 2022

Have you ever wondered if employee benefits are worth the cost and extra administrative tasks? Find out the importance of employee benefits and how offering benefits can better your business. Why are employee benefits important? How important are benefits to employees? Spoiler: They are.

Employee Benefits 82

Employee Benefits Wellness Payroll 82

Patriot Software

OCTOBER 11, 2022

The small business employee benefits you can offer are endless. Benefits include common benefits such as health insurance and unique benefits such as catered lunches. Employee benefits are an important part of compensation. You want to offer the right benefits to attract and retain employees.

Employee Benefits 74

Employee Benefits Compensation Payroll 74

Patriot Software

APRIL 29, 2020

If you choose to offer paid vacation days as an employee benefit, you might not know how many to provide. Benefits of paid vacation time Before we dive into the average […]. The post Use the Average Vacation Time to Build Your Business’s Policy appeared first on Patriot Software.

Patriot Software 66

Patriot Software Policies Employee Benefits Software 66

Patriot Software

MARCH 13, 2019

Employee benefits may also be extended to domestic partners as imputed income (e.g., You must report these benefits on Form W-2. Need a way to track and calculate taxes related to an employee’s imputed income? Patriot’s online payroll software calculates the proper taxes for you. health insurance).

Payroll 48

Payroll Examples Compliance Training Compensation 48

Patriot Software

SEPTEMBER 29, 2022

For many employers, nothing’s more confusing than employee benefits and payroll taxes. Are there any fringe benefits that are exempt from all payroll taxes? Yes, there are, and the working condition fringe benefit (spoiler!) What is the working condition fringe benefit? is one of them.

Payroll 52

Payroll Employee Benefits 52

Patriot Software

SEPTEMBER 28, 2020

If you provide company-sponsored benefits to employees, you might decide to set a waiting period. Read on to learn what is an employee waiting period, rules for setting the time frame, and how to implement one in your small business. Businesses, insurance companies, and the government all use waiting periods. So, what is it?

Employee Benefits 68

Employee Benefits Compliance Training Company How To 68

G2 Crowd

JANUARY 5, 2018

Payroll departments handle the compensation for all employees, ensuring that they are paid on time and that the correct deductions are withheld. Payroll software lets a payroll department simply enter employees’ hours and wages so the calculations, payments and tax filings can be performed automatically.

HR Software 20

HR Software Planning Tools Recruiting Software Payroll 20

Patriot Software

AUGUST 30, 2022

Most businesses offer employee benefits in addition to regular wages. Common employee benefits can range from different insurance options to types of retirement plans. Some employees have the option of opening an HSA. What is an HSA? What is an HSA?

Retirement 82

Retirement Employee Benefits Payroll 82

Patriot Software

NOVEMBER 21, 2022

Want to encourage employees to sport your company’s apparel? Or, looking for an employee benefit that’s appealing to new hires? You may consider offering employee discounts. Employee discount programs for small business come with several business benefits, like increased retention and sales.

Employee Benefits 76

Employee Benefits Hiring Payroll 76

Patriot Software

OCTOBER 4, 2022

You probably know that offering employee benefits helps you hire and retain top talent. But did you know that 88% of employees consider health insurance benefits when choosing a job? Although the majority of employees want good health insurance benefits, it can be expensive to provide.

Employee Benefits 81

Employee Benefits Hiring Payroll 81

Patriot Software

NOVEMBER 16, 2022

Tracking employee attendance can help you reduce employee absenteeism and manage employee benefits like sick leave and overtime wages. There are plenty of reasons to track employee attendance. Read on to learn what is employee attendance tracking and ways to track employee attendance.

Employee Benefits 77

Employee Benefits Compliance Training Payroll 77

Patriot Software

AUGUST 29, 2022

Paid time off (PTO), including vacation days, sick days, and holidays, is a popular employee benefit. According to the Bureau of Labor Statistics, 77% of employees receive paid vacation days, 77% receive paid sick leave, and 79% receive paid holidays. If […] READ MORE.

How To 82

How To Employee Benefits Payroll 82

Patriot Software

MARCH 27, 2023

Employee benefits beef up your compensation package. They can make or break your ability to hire and retain employees. For the most part, you can choose what to offer employees. But, there are several mandatory benefits you can’t afford to ignore. You not only need to stay competitive but also compliant.

Compensation 68

Compensation Employee Benefits Hiring Compliance Training 68

Patriot Software

NOVEMBER 8, 2021

Company-sponsored life insurance is a pretty popular employee benefit. Eighty-five percent of organizations offer it, and 98% of employees with access to the benefit enroll. Like any benefit, first understand employer tax responsibilities. Thinking about offering group-term life insurance?

Groups 97

Groups Employee Benefits Compliance Training Company 97

Patriot Software

FEBRUARY 25, 2019

Depending on the type of small business employee benefits , individuals may also have additional deductions taken from each paycheck. A few things you should have handy to calculate an employee’s take-home earnings include: Gross pay amount. Other payroll deductions (e.g., Calculate payroll taxes.

Wage and Hour Training 46

Wage and Hour Training Payroll Compliance Training Retirement 46

Patriot Software

JULY 26, 2021

Offering competitive benefits attracts, satisfies, and retains top talent. Benefits include everything from retirement plans to health insurance coverage. When you dive into different small business employee benefits, you might consider a section 125 plan. But, what is a section 125 plan? Is it a cafeteria plan?

Retirement 98

Retirement Employee Benefits Payroll 98

Patriot Software

OCTOBER 13, 2022

Qualified vs. nonqualified plans Qualified and nonqualified deferred compensation plans are both employee benefits for small business. To keep your business legal, learn how qualified vs. nonqualified plans differ. But, both […] READ MORE.

Compensation 71

Compensation Employee Benefits Strategy Compliance Training 71

Patriot Software

AUGUST 31, 2022

At the same time, do you want to increase your employees’ skills and creativity? Read on to learn more about this employee benefit, the advantages of having one, and IRS tax rules. If so, you may consider offering educational assistance. What is educational assistance? What […] READ MORE.

Employee Benefits 71

Employee Benefits Compliance Training ATS Payroll 71

Patriot Software

OCTOBER 6, 2021

If you’re looking for a new benefit to offer employees, you might consider employer student loan repayment. The benefit itself isn’t new, but it got a tax-exemption makeover thanks to the CARES Act and Consolidated Appropriations Act. An up-and-coming employee benefit hitting businesses nationwide. The result?

Employee Benefits 83

Employee Benefits Payroll 83

Patriot Software

JANUARY 14, 2019

Benefits policy. Providing benefits can improve engagement and employee retention. List small business employee benefits in your handbook so employees know and understand what benefits are available to them. Thoroughly explaining employee benefits (e.g., health care).

Handbook 51

Handbook Code of Conduct Hiring Software Harassment 51

Patriot Software

MARCH 11, 2019

A Qualified Small Employer Health Reimbursement Arrangement (QSEHRA) is a tax-free employee benefit. QSEHRAs reimburse employees for individually-obtained health insurance premiums and eligible medical expenses. Share important documents with employees, organize employee records, and more. What is a QSEHRA plan?

Planning Tools 41

Planning Tools Wage and Hour Training Payroll Compliance Training 41