It is no secret that 20% of small business fail their first year. Payroll mistakes are the primary reason. Getting a grip on your payroll can ease cashflow and help keep your company afloat. As it turns out, payroll is critical. Payroll is also dependent on other...
One critical component of regulatory compliance is proper recordkeeping. There are over 20 laws that affect employers and every one calls for some form of personnel file maintenance. Lax Recordkeeping Puts You in Legal JeopardyWhen an employee brings an action against...
While labor expenses are not something that business owners can completely eliminate, we have yet to encounter a business that cannot find ways to reduce them. A reduction in labor costs provides an immediate monetary benefit, so it’s easy to measure the ROI....
Payroll screw-ups frustrate your personnel, create hassles for your HR team, and can cost you big time in unnecessary overpayment or penalties for compliance violations. In the past five years, business owners paid more than 1.2 billion in back wages due to payroll...
As a manager, you need to optimize your workforce. Optimization means saving money, and increased profitability. Automated time and attendance tracking offers advantages every manager could use. Here are our top eight: 1. Real Time Reports It’s pretty nice...
