Insperity

JANUARY 19, 2021

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 317

Payroll Legal Training Technology 317

Insperity

NOVEMBER 6, 2012

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

Payroll Insurance Legal Security 100

Insperity

SEPTEMBER 24, 2024

These could include things like benefits enrollment, new hire paperwork, time and attendance tracking, vacation requests or payroll administration. Less exposure to legal risk Laws are complex and constantly changing, especially for businesses operating in multiple locations across U.S.

Payroll 261

Payroll Technology Legal Leadership 261

Insperity

NOVEMBER 5, 2014

Payroll software. Still running payroll on the manual system your business started with? Moving to an automated payroll system is a crucial first step. Payroll software can streamline the payday process and reduce the time necessary to enter information that is repetitive across all payrolls.

Payroll 196

Payroll Software Construction Reporting 196

Vantage Circle

DECEMBER 18, 2024

Additionally, many tools integrate seamlessly with payroll, attendance, and time-tracking systems to boost overall workforce productivity. Payroll Integration: Syncs employee schedules with payroll systems for accurate payments. Intuit QuickBooks Time : A go-to for businesses needing time tracking and payroll synchronization.

Software 105

Software Payroll Healthcare Flexibility 105

Insperity

NOVEMBER 25, 2013

Running a business means managing a ton of moving parts; payroll is just one of them. With so much going on, even within the payroll process itself, it’s easy for business owners to slip up. Keep an eye out for these payroll faux pas: 1. By using an automated payroll processing system, this oversight can easily be avoided.

Payroll 100

Payroll Government Insurance Data Entry 100

Insperity

OCTOBER 10, 2019

A solitary HR professional’s job description may include: Overseeing legal compliance and handling employee relations concerns Coordinating recruitment and strategizing on plans for retention Overseeing payroll and benefits Implementing and reviewing employee performance reviews Creating and enforcing company policies.

Payroll 185

Payroll Onboarding Legal Training 185

Insperity

APRIL 5, 2022

At the end of the day, do you experience hefty payroll problems ? Decrease risks – Sidestep a host of employer-related legal problems and reduce risks when you allow HR professionals to guide you. From benefits and payroll to HR compliance, technology and more, one HR solution can deliver: Compliance. Technology.

Small Business 201

Small Business Payroll Data Entry Technology 201

Insperity

APRIL 20, 2023

The list laid out in front of you might be longer than you realize. Wellbeing Added together, all these soft cost savings can have a huge impact on your mental health and peace of mind. The decision of whether to hire an HR outsourcing service really boils down to the quality of life you wish to have as a business leader.

Onboarding 261

Onboarding Payroll Insurance Legal 261

Insperity

APRIL 26, 2018

In a nutshell, a PEO is an organization that enters into a co-employment relationship with your company, assuming many of your employer-related HR responsibilities, such as payroll and benefits. Working with a PEO can decrease your payroll-processing and related accounting costs. So, where are the savings? Retirement plans.

Payroll 173

Payroll Insurance Legal Healthcare 173

Insperity

AUGUST 12, 2015

Your handbook policies may include: Payroll and compensation. Just because Joe’s family doesn’t mean he can’t get you and your business in trouble legally. Having a human resources system that takes care of payroll , IRS reporting and workers’ compensation issues can bring relief. Time-off and overtime.

Payroll 197

Payroll Legal Computer Planning 197

Insperity

SEPTEMBER 29, 2016

– Payroll. How will pay cycles or payroll be impacted post-close? For instance, don’t commit to frequent, open, transparent communication if your leadership can’t follow through because of legal issues or because it’s outside of their comfort zone. How will compensation operate in the new organization?

Payroll 230

Payroll Communication Leadership Training 230

Insperity

JULY 21, 2015

Some communication will have to be vetted by your legal counsel to ensure the information is accurate and aligned with the merger agreement. If you’ll use the benefits and payroll systems of the acquiring company, you need to communicate that to your employees. It will depend on the audience and the formality of the announcement.

Payroll 191

Payroll Leadership Communication Legal 191

Insperity

JUNE 16, 2016

And once your company employs more than 100 employees, you’re legally obligated to send workforce data to the Equal Employment Opportunity Commission (EEOC) in an EEO-1 report (although there are a few cases, too, where companies with less than 100 employees must file). Payroll tax. Recordkeeping. Anti-harassment training. Filing fees.

Payroll 155

Payroll Legal Home Office Onboarding 155

BMT Office Administration

OCTOBER 31, 2023

Most small businesses focus on their product/service team and sales staff in the early years, but someone still needs to run payroll and handle onboarding for new hires. This includes things like payroll administration, employee benefits , HR compliance, and talent acquisition. How does HR Outsourcing work for small businesses?

Small Business 130

Small Business Payroll Onboarding Consulting 130

Insperity

FEBRUARY 25, 2021

Co-employment is the legal structure that professional employer organizations (PEOs) and their client companies use to share HR responsibilities. If you rely on independent contractors, they will fall outside of your co-employment relationship with a PEO and outside of their payroll system. Payroll taxes. Hello, human error.).

Payroll 174

Payroll Insurance Supervising Controlling 174

Insperity

SEPTEMBER 14, 2021

As a co-employer, the PEO you choose will ultimately take responsibility for payroll processing, providing workers’ compensation insurance coverage, providing an employee benefits package and a host of other sensitive human resources (HR) and administrative tasks. How much should I expect my PEO service fee to increase each year?

Insurance 232

Insurance Payroll Planning Small Business 232

Insperity

APRIL 4, 2023

Similarly to the onboarding process, your company has legal obligations to fulfill when an employee leaves. First confirm whether you must pay employees on their last day or as part of normal payroll, according to the laws of the states in which you operate. Provide state unemployment and COBRA information.

Onboarding 265

Onboarding Equipment Payroll Legal 265

Insperity

AUGUST 17, 2023

A professional employer organization, or PEO , is an HR outsourcing option for organizations to help assume the most time-consuming HR task and employer liabilities, such as payroll and benefits. What makes a PEO relationship unique is the contractual allocation and sharing of employer responsibilities.

Insurance 204

Insurance Payroll Legal Technology 204

Insperity

APRIL 9, 2019

Is your company meeting all the legal requirements as an employer? This typically involves a team responsible for people management, setting up benefits and payroll , helping with the company’s culture and making sure compliance is being met. For instance, is your business FMLA compliant ? The technology option.

Payroll 171

Payroll Software Maintenance Technology 171

BMT Office Administration

APRIL 22, 2024

Other reasons why timesheet approval is a necessity include: It ensures proper payroll processing. Whenever a manager submits their employee timecards to payroll , they need to be extremely precise. Recordkeeping for legal requirements. Each timesheet should have a deadline to ensure managers have time to submit them to payroll.

Payroll 130

Payroll Software Legal Training 130

Insperity

OCTOBER 16, 2018

Let’s say your goal is to be able to take a 3,000-employee company, run payroll for every single employee and finish the process in less than 10 minutes. This is especially important if your integration includes employee information or payroll. For example, you are running payroll and you have a payroll integration file.

Technology 178

Technology Payroll Security Promotion 178

BMT Office Administration

JULY 3, 2023

Also, you’re legally obligated to retain these records for at least one year by the EEOC. Employee performance records While it’s essential to include performance records to monitor and analyze your employee’s productivity — there’s no legal obligation here. Here’s what you’ll need to include in your confidential employee files.

Payroll 130

Payroll Banking Legal Insurance 130

Justworks

APRIL 11, 2016

But there’s one area where startups definitely don’t want to break the rules: payroll and HR. Startups that don’t comply with payroll and HR laws can face serious legal and financial consequences. With that in mind, we've put together this list of the five biggest startup payroll and HR mistakes to avoid.

Payroll 60

Payroll Legal 60

Insperity

AUGUST 1, 2023

Once businesses reach the 50-employee threshold , expand into other states and municipalities or hire remote employees who reside elsewhere, they can be subject to more legal and regulatory complexities. How can midsize businesses benefit from PEOs?

Price Negotiations 215

Price Negotiations Onboarding Payroll Technology 215

Insperity

AUGUST 15, 2019

The legal liability for data breaches and failure to comply with data privacy laws can incur prohibitive costs, including fines and penalties. A detailed inventory of sensitive company data should include an analysis of: Data on HR systems, like payroll, health and retirement benefits , employee records, etc.

Security 49

Security Insurance Payroll Networking 49

Insperity

JANUARY 17, 2019

If your attendance data has to be retyped from time sheets or time cards into a payroll system , a less-than-principled typist can easily change the numbers. The less you have to rekey your time and attendance information, the more accurate your data and the more accurate your payroll. Unscrupulous data entry. Favoritism.

Payroll 174

Payroll Data Entry Security Teamwork 174

Insperity

DECEMBER 5, 2017

one system for payroll, another system for time tracking and another for employee benefits management), to disruptive software upgrades and limited reporting capabilities. What’s more, neglecting to gather and keep all the required documentation when hiring or terminating an employee may open your company to legal liability.

Technology 197

Technology Software Onboarding Payroll 197

Justworks

NOVEMBER 6, 2019

But there’s one area where startups definitely don’t want to break the rules: payroll and HR. Startups that don’t comply with payroll and HR laws can face serious legal and financial consequences. You’ve got to ruffle a few feathers and disrupt the status quo if you want to build the next Facebook.

Payroll 60

Payroll Legal 60

Insperity

NOVEMBER 14, 2023

For many small and midsize companies in particular, investing in a PEO relationship can improve the bottom line in these ways: Obtain a go-to HR resource on standby to prevent costly risks and missteps Allocate your HR budget effectively Lower administrative costs, such as payroll processing Reduce costs of low engagement, high turnover and constant (..)

Prioritization 270

Prioritization Salary Onboarding Technology 270

Attendance Bot

JULY 10, 2024

Semi-Monthly vs. Biweekly Payroll: Which One Suits Your Business? Navigating the different payroll options can be a bit confusing. The distinction between semi-monthly vs biweekly payroll might seem subtle, but it’s crucial to understand for effective payroll management. This can complicate HR bookkeeping.

Payroll 52

Payroll Bookkeeping Salary Banking 52

Work Life

SEPTEMBER 11, 2024

Today, Gusto , a payroll and HR software platform for small businesses, rolled out a new AI “assistant” named “Gus” that promises to simplify compliance and save companies from crushing fines. She was the insurance biller, or she ran the payroll, and I observed her calculating the payroll taxes by hand,” he says.

Payroll 98

Payroll Legal Small Business Finance 98

Insperity

JANUARY 11, 2018

Paid family leave is funded through an additional payroll tax deduction and offers 50 percent of employees’ base wages up to a certain amount in 2018, with gradual increases to 67 percent of average weekly earnings by 2021. The state provides a weekly deduction calculator so companies can estimate payroll deductions.

Payroll 174

Payroll Insurance Salary Purchasing 174

Insperity

NOVEMBER 13, 2018

Think: payroll, employer taxes, benefits enrollment and management, etc. Co-employers share in certain risks associated with hiring and processing payroll for employees, which can help you avoid costly claims or legal consequences, while you remain in control of your business. Note: Not all PEOs are created equal.

Payroll 155

Payroll Technology Customer Service Equipment 155

Insperity

FEBRUARY 2, 2012

In September 2011, The Georgia Supreme Court adopted an advisory opinion from the State Bar that anyone not licensed to practice law, such as payroll clerks or human resources employees, cannot legally answer garnishment orders. The ruling raises the question: Just what is a business’ responsibility regarding wage garnishments?

Payroll 100

Payroll Legal 100

Insperity

JUNE 25, 2020

From the employee perspective, pay freezes are usually preferable to reductions in regular wages or interruptions to payroll. Understand the associated legal issues and ensure compliance when applicable: Review state and local laws for where your business operates. Again, the impact on the current workforce is minimized.

Salary 289

Salary Leadership Payroll Communication 289

Insperity

JANUARY 5, 2017

Once upon a time, businesses with 50-150 employees could manage benefits and payroll through a series of non-automated, disjointed programs. You’ll want a time and attendance system that feeds data to your payroll and benefits systems because the new regulations mean hours worked over a certain period impact pay and benefits.

Government 148

Government Technology Payroll Software 148