Most employers now use ACH transactions to compensate their employees. ACH, or Automated Clearing House, comes in the form of electronic payments, direct deposit, bill pay or direct debits. One of the greatest benefits of ACH is that it allows for same day payroll. Below are some tips for doing it correctly.
Workforce management, like other aspects of human existence, is in a constant state of flux. The goal of most small and large businesses, irrespective of industry, is to satisfy their customers while earning their loyalty. One method of achieving this is ensuring your organization constantly pursues the perfect structure, and a key component of achieving this is the manner in which the workforce is managed.
Taxes and employee benefits are a key part of running a business. It is not something that should be taken lightly, nor should you wait until the last minute to do it. The best way to prepare for tax season is in advance, which will ensure the filing process goes as smoothly as possible. Below are some tips for achieving this.
As workforces increasingly become more diverse, a need has arisen for multilingual accommodation. This ensures that both employers and employees will be able to communicate effectively. Maintaining open communication lines at all times will help prevent mistakes and confusion which could lead to accidents, labor management problems or catastrophic loses. Below are some ways to manage a multilingual staff without having to learn multiple languages.
Employers are not legally allowed to stop their employees from discussing payroll, even amongst one another. Additionally, they are also prohibited from taking any adverse action against employees for such discussions, as doing so infringes upon the rights that employees have been given under the NLRA, or National Labor Relations Act, Section 7.
Some business owners are considering providing their employees with benefits which will ease the financial impact of childcare. DCAP, or Dependent Care Assistance Program is a great way to start, and below is what employers should know about it.
An employee’s first day can be exciting and stressful at the same time. The goal of their employer should be to assist them in transitioning and settling in as smoothly as possible, and below are some tips that will help you do exactly that.
The first batch of health insurance marketplace notices have recently been sent out and you may have received one. Below is a description of what these notices mean, why some receive them, and how you should respond.
Today in the corporate world, most employees will expect employee benefits and salary increases over time. The wages they are paid should ideally be in line with inflation, and is a way of rewarding them for good work. However, figuring out the proper amount can be tricky. An employer should take into consideration their morale, schedule market averages, and their performance.
Establishing employee health coverage has become an essential part of operating a business, large or small. However, smaller enterprises have had a more challenging time acquiring sufficient coverage since the passing of the Affordable Care Act. One solution that has been devised is level funded health plans. Below is a description of how it works, and the advantages companies can gain by using it.