One of the hottest trends in information technology today is mobile HR. It is very attractive to millennials in particular which means that small businesses that adapt to it have the greatest chance of recruiting the best and brightest from this generation. Below are some reasons mobile HR is changing the payroll and IT landscape.
Payroll taxes in and of themselves are complex, but becomes more so for large businesses that operate in multiple states. This is because these taxes are subject to federal, state and local regulations, which can change at any time. Therefore, it is in the best interests of HR departments to keep abreast of these changes, because if they don’t the company could be held liable. The Affordable Care Act has muddied the waters further, particularly in regards to common ownership, which is a reference to businesses that have franchises or which operate in numerous locations. Below are some additional things regarding payroll taxes to consider.
Some businesses may be reluctant to switch to an online time and attendance system, particularly those that have been in operation since before the internet was introduced. These businesses typically use traditional clocks where employees have to punch in manually. However, below are some key advantages you will gain by transitioning to the newer web based systems.
Many small business owners desire to improve their payroll processes as much as possible. This ensures that employees get paid on time and in the correct amounts. Below are some tips that will help you achieve this.
Research shows that almost 80 percent of those employed want employee benefits. But are these benefits essential? The answer is absolutely. In fact, benefits are just as important as a good salary, and are one of the factors that will make an employee decide whether he or she wants to work for you.
Requesting a pay raise is always a sensitive topic, both for employers and employees. Employers, especially those who run small businesses, naturally want to pay their employees the bare minimum, while employees want to earn the maximum. The two sides will typically settle on an amount which is acceptable to both.
Time is without a doubt one of the most valuable resources we have. Many things in life, including money, can be recovered if lost, but once time is gone it is gone forever. Those who want to succeed in life, in any endeavor, must learn to love their time and manage time in the wisest way possible. By doing this you will maximize your success and make life work for you rather than against you.
A verified Twitter account is a special account offered through the social media giant Twitter which is reserved for both organizations and public figures. They are designed to assist users in finding qualified accounts and information, and in the past were exclusive. However, a growing number of small businesses are recognizing the benefits of having one. Below are some guidelines that those who wish to setup these accounts should be aware of.
California collects a variety of taxes from its residents and as of this writing has an income tax rate of 13.3 percent, which is the highest in the United States. There are a number of reasons why taxes in this stateare so high, and below are some state taxes in California that residents are responsible for.
A time card of some type is a necessity for every business, as you must be able to record when your employees punch in and out. The hours they work must also be accurately recorded so it can be sent to the payroll department. In the past, many businesses used analog time cards, but today a growing number of businesses are switching to online time cards.