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Common Myths about Outsourcing Payroll, Part 3

We’re Still Not Done with Myths about Payroll Outsourcing

As a small business owner, your employees’ financial stability is basically in your hands. They depend on you to process payroll in a timely and accurate manner each pay period. Otherwise, your employees can’t meet their financial obligations, such as mortgage or rent payments, car loans, or household bills. (more…)

Posted in: Bookkeeping and Accounting, Operating a Small Business, Payroll, Payroll Processing

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Common Myths about Outsourcing Payroll, Part 1

Do These 3 Myths Sound Familiar to You?

Outsourcing payroll is becoming a more popular option for many small business owners. After all, employees want to get paid accurately and in a timely manner. However, many small business owners still spend hours and hours a week processing their payroll instead of spending that time on what they do best – running their businesses. (more…)

Posted in: Operating a Small Business, Payroll, Payroll Processing

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What Can Your Small Business Do about Healthcare Benefits?

Healthcare and insurance continues to be a quagmire for millions of people to wade through today. If you are an employer with any number of employees, healthcare benefits are on your mind, too. (more…)

Posted in: Benefits and Health Care, Employee Benefits, Operating a Small Business, Payroll Processing, Rules, Regulations and Laws

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6 Payroll Terms Business Owners Need to Know

As a small business owner, you know all about your products or services. You’re the expert. However, when it comes to payroll, you may be an amateur with a limited understanding about compensation and taxes. Nevertheless, you may be trying to handle your company’s payroll on your own. Or, maybe you’ve realized you just don’t have the know-how to tackle your company’s payroll, so you’ve hired an employee or a payroll services like The Payroll Department to handle your company’s payroll for you. (more…)

Posted in: Operating a Small Business, Payroll

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What’s the Value of an Employee to You?

Every small business owner understands the value of employees on some level. Day-to-day operations would fail without employees. As a small business grows, more employees are necessary to keep the doors open. And it does not take long for a business owner to recognize the boost that a good employee can provide to the bottom line. But does this understanding make a difference in how employees are treated? As this article explains, some companies have chosen to demonstrate just how much they value their employees by implementing specific policies. Can you learn anything from their example? Read on to find out. (more…)

Posted in: Human Resources, Operating a Small Business, Payroll

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Don’t Let Your Payroll Slip Through the Cracks

Small businesses often do a great job of making good use of a limited number of employees. Tasks may be shared among several employees or delegated to someone who has other responsibilities. It’s common that employees are often asked to wear several different hats. While this is just reality for a small business working with limited employee resources, it can sometimes create problems, and in no area is this more troublesome than in payroll. Let me explain. (more…)

Posted in: Payroll, Payroll Processing

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Challenges to Employers in Calculating Employees’ Time Worked

Bob, a small business owner, has two non-exempt employees. Sue regularly begins work five to 10 minutes early most days and works late anywhere from 15 to 20 minutes every day. On the other the hand, Mike usually starts his workday within five minutes before or after his shift begins and “clocks out” about five minutes after his shift ends. From a payroll perspective, how should Bob handle calculating the time each of these employees worked? (more…)

Posted in: Payroll, Payroll Processing, Rules, Regulations and Laws

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