Payroll taxes are the federal, state, and local taxes that you as an employer, are required to pay on behalf of employees. Therefore it’s essential that employees accurately record hours worked. If you end up underpaying, there will be stiff penalties and interest. And if you’re overpaying taxes, that’s not a sound financial strategy for […]
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If you use an advanced, cloud-based time and attendance software platform –– with integration to your HR software and payroll software –– here are the top 5 ways to multitask and make the most out of your day: Generate schedules quickly and efficiently A visual scheduler makes it easy to create schedules and allow for […]
The Fair Labor Standards Act (FLSA) sets the minimum wage and overtime pay for employees. Unless exempt, employees covered by the FLSA must receive at least minimum wage for every hour worked. Overtime pay is for hours worked over 40 in a workweek, and that rate is not less than one and one-half their regular […]
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For many professionals, the phrase “cloud-based computing” has become synonymous with business-as-usual, and the promises that come with the cloud, such as rapid deployment, faster services, and greater connectivity, are baked into many modern work environments. However, less than a decade ago, the concept of the cloud was still new and fairly novel for many […]
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Do you remember the proposed overtime changes to the Fair Labor Standards Act (FLSA) in 2016? Once in effect, the rule was predicted to extend overtime protections to 4.2 million workers who were not previously eligible under federal law. Plenty of workers were excited about the changes, while many companies were a little concerned. And one sector that […]
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Between the country’s economic growth and the record low unemployment rate of 4.1%, times are looking good for many companies and workers. Now wages are starting to nudge upwards too. According to recent Bureau of Labor Statistics data, average hourly earnings moved up nearly 3% from a year ago. This means that more money is […]
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