Some businesses need on-call employees. But if you require employees to be available when they’re not working, should you pay them? Whether or not you must provide on-call pay depends on a few factors.Read More When Do You Need to Provide On-call Pay?
What Is Year-to-date Payroll, and Why Does it Matter?
If you’re a small business owner with employees, a significant portion of your business’s expenses goes toward paying wages. That’s why you should pay attention to your year-to-date (YTD) payroll expenses. What is year-to-date payroll?Read More What Is Year-to-date Payroll, and Why Does it Matter?
What Is an HSA?
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?Read More What Is an HSA?
What Is a Tax Gross up for Payroll?
There might be a time you want to pay an employee a specific amount. But once you factor in taxes, that amount gets smaller. So how can you give an employee a certain net pay? Tax gross up.Read More What Is a Tax Gross up for Payroll?
What Is Per Diem?
When employees incur travel-related business expenses, you might consider covering their costs. You can reimburse employees for expenses by giving them per diem pay. What is per diem pay?Read More What Is Per Diem?
What Is Commission?
Typically, employers provide hourly or salary wages to workers. However, some business owners pay commission to employees. What is commission?Read More What Is Commission?
What Is a Cost of Living Raise?
Employees love raises. Regular raises can improve employee happiness and put them in a better financial position. And, raises can reduce your employee turnover. You can give raises for merit or increasing job value. You might also give a cost of living raise.Read More What Is a Cost of Living Raise?
What Is Medicare Tax? A Closer Look for Employers & Employees
If you have employees, you’re responsible for handling and paying Medicare tax. Like all things tax-related, Medicare tax can get complicated quickly. Read on to learn what is Medicare tax, what it funds, and how much it costs.Read More What Is Medicare Tax? A Closer Look for Employers & Employees
What to Know About Shift Differential Pay
Many employers find themselves extending their hours of operation to keep up with customer demands. Businesses operating day and night need employees who are willing to work evening or late shifts. However, it can be difficult to recruit employees for these undesirable hours. Paying employees a shift differential is an effective way to overcome staffing […]Read More What to Know About Shift Differential Pay
For Payroll Adjustments, There’s Retro Pay
Sometimes, payroll mistakes happen. If you pay an employee less money than you should have during a pay period, you owe them retro pay. What is retro pay?Read More For Payroll Adjustments, There’s Retro Pay