Payroll Frequency: Deciding What’s Best for your Company
Payroll has changed a lot with HR software and automation. Some business routines like payroll frequency have been guided by the limits of manual payroll, not necessarily what’s best for the company. Weekly, or even daily payroll, is popular with younger workers, but it makes it harder for workers to budget for major expenses like […]
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What is Shift Differential Pay and How Do You Calculate It?
While many people work a typical 9-to-5, the workday does not look the same for everyone. Businesses that operate in the day and at night require employees to work evening, late night, and even overnight shifts. How can you get employees to work these undesirable hours? For many businesses, shift differential pay is an effective […]
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Switching Payroll Providers: Breaking Up with Your Current Provider
Switching payroll providers requires significant planning and prepping, but it doesn’t have to be difficult. As we showed in our previous blog, when the time comes to switch payroll providers, you’ll notice the signs. Payroll migration isn’t overly difficult with the right supporting you, and you can switch payroll providers at any time during the […]
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Switching Payroll Providers: Why, When, and How to Do It
Every business needs payroll to function smoothly. Even when problems arise over and over again, some companies are reluctant to consider new technology providers. Switching payroll providers can sound intimidating at first, given the amount of research, paperwork, implementation, training, and more. Outdated HR technology leads to preventable errors, never-ending delays, and unhappy employees. Payroll […]
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The High Cost of Payroll Errors: What to Know and How to Prevent Them
A recent study about payroll and payroll errors by Ernst & Young, a multinational accounting firm, surveyed over 500 companies (from 250 to 10,000 employees) and found that: When HR processes are handled manually, nearly every step of payroll creates an opportunity for mistakes. As identified by the Ernst & Young study, here are just […]
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Why 2023 is the Year You Invest in Payroll Software
We all put off things we should do because they seem difficult or time-consuming. The end of one year and the start of a new one gives us the chance to tackle these much-maligned tasks with a clear head and renewed drive. If the past several years has taught us anything, it is that companies […]
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Ensuring Payroll Accuracy and Compliance: Address, Compensation and Tax Verification
Momentum for remote work has been building for years. Then, the pandemic dispersed employees like never before. Able to live anywhere, employees can relocate at the drop of the hat and often without notifying their employers. This can cause serious compliance issues. 93% of HR professionals were confident they know where the majority of their […]
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Payroll Processing Done Right: In-House vs. Outsourcing
How to handle payroll processing is a question all businesses must consider. Small business owners might be able to manage payroll themselves, but it takes time and is susceptible to errors. Medium and large businesses can justify hiring a dedicated HR professional, but time, errors, and cost are still less than ideal. The right software […]
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Payroll Software Guide: Key Features and Benefits
You certainly know what payroll is. You might even know all that is involved in the payroll process. But did you know that payroll software can make the payroll process easier and more efficient for your company? Check out our insider’s guide to payroll software, including key features you need and real-life business benefits. What […]
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Understanding Payroll Taxes: Payments, Penalties, and Deadlines
Taxes are a major part of the payroll process. Just like your business needs to pay employees, it also needs to pay taxes. Payroll taxes help your employees manage their annual tax burden, and by checking all the paperwork, ultimately prevents costly fines for your business. Unrelated to the profits of your business, payroll taxes are part of the payroll […]
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How Does Payroll Software Work?
Technology is amazing, right? It is unbelievable what can be accomplished with the proper application of the right knowledge into our everyday processes. We don’t always understand it, but when it works, it works. Technology, like computer software, can transform complex jobs into simple, automated tasks. When efficient and effective technology is brought into the […]
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