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Summer hiring guide: The legalities of employing teens & family

BMT Office Administration

As many of these young workers may be taking on their first job, employers must remember some important payroll considerations. First-Job Jitters It’s natural for employers and young employees to experience some jitters regarding payroll. A clear understanding of the basics can help alleviate those concerns.

Legal 244
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3 ways outdated payroll processes hurt your business

Insperity

Payroll is a top priority for any business. By the same token, business leaders want payroll to be easy and hassle-free, so they can concentrate on growing their businesses. By the same token, business leaders want payroll to be easy and hassle-free, so they can concentrate on growing their businesses. Compliance risks.

Payroll 171
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Moving your business to another state: 5 HR questions to ask

Insperity

The most obvious concerns stem from the legal issues surrounding your current state’s laws and how different the laws are in your new location. Before you start to pack any boxes, obviously, it’s wise to consult legal counsel. How might taxes, payroll and your company’s relocation impact your business?

Payroll 264
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Court-ordered employee wage garnishment: an employer’s guide

Insperity

Wage garnishment is a legal procedure in which a court order mandates that the employer withhold a portion of a person’s earnings to pay a financial obligation such as: Child support Tax debt Student loans Consumer or medical debt In the case of bankruptcy. What is wage garnishment? What actions must the employer take?

Payroll 228
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What You Don’t Know About Payroll Taxes Can Hurt You

Insperity

Payroll can be one of the biggest expenses for your business so doing it right is important. Here are some important factors to consider before recording and filing your payroll taxes. Federal taxes you’re legally obligated to collect. You are only responsible for payroll taxes for employees. Social Security.

Payroll 100
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What’s the purpose of human resources (HR)?

Insperity

The bare minimum HR functions any organization should have in place are: Recruiting and interviewing Processing payroll Enrolling employees in benefits and administering benefits programs Performance management and training Disciplinary actions and terminations. Without a doubt, every organization needs an HR presence. HR tasks vs. strategy.

Payroll 303
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Furlough vs. layoff: What’s the difference, and what do employers need to know?

Insperity

When an organization needs to reduce its payroll due to financial hardship, there are two options employers may consider: furlough vs. layoff. Like layoffs, furloughs are a way for employers to reduce payroll costs when employee performance isn’t to blame. And it doesn’t help that these terms are often used interchangeably. PTO payout.

Payroll 241