As a small business owner, I care about the cost of an employee. When we create a budget there are a lot of things to consider. Follow along as I calculate the cost of an employee… How Much Does an Employee Cost? The average employee cost is 1.25 times base salary....
You started a new business. Or you own an existing one that is moving into the realm of employees. That means you must pay your employees. Payroll is one of the most important processes to handle correctly. It can also be one of the most time-consuming and frustrating...
In June, the Supreme Court ruled, banning mandatory union fees for non-union employees. That ruling means that employees in 22 states can now choose whether or not to fund union dues. This is a major change for many union employers who must now obtain consent to...
Did you know that nearly half of employees surveyed by the World Happiness Report said that they are happy with their jobs? Are you employees among them? SHRM estimates that employee turnover costs as much as 200% of an employee’s salary. Since unhappy employees are...
The Failure Rate of SMBs isn’t as HIgh as You Think Have you heard that 8 out of 10 small businesses fail in the first 18 months? It’s complete bunk! If you have lost sleep over this widely quoted statistic, just rest assured that 75% of all statistics are made up on...
Payroll processing involves far more than merely tracking employee hours and cutting checks. Payroll affects your standing with the IRS. It puts you at risk for Fair Labor Standards Act (FLSA) violations. Errors can increase labor costs and lower employee morale and...
![The Best Way to Process Payroll [Updated for 2019]](https://www3.swipeclock.com/wp-content/uploads/2019/05/swipeclock-how-payroll-processing-works.jpg)
