News from the Vault - December 2024 Payroll Vault Newsletter
Check out our December News from the Vault Newsletter!
Check out our December News from the Vault Newsletter!
News from the Vault - December 2024 Payroll Vault Newsletter
Winter has left, Spring has sprung, and it’s that time of year again! Yes, it’s time to clean out your closets, update your home and office space, freshen and tidy up, and get rejuvenated! Remember to apply these same principals to your business operations so you can move forward with purpose, and achieve your business goals. As you tidy up and get things in order, now is the time to perform a…
Customer service and the overall client experience is paramount to our team. The Payroll Vault corporate culture fosters a helpful and positive environment that trickles throughout all departments to every employee. From sales to operations, our objective is to make you feel like family. Dedicated Payroll Specialists ensure your every need is addressed, researched, and resolved. They are your life…
Effective communication with your employees is paramount to their satisfaction, and ultimately to the success of your business. One basic and often neglected tool, is the humble pay stub. Most pay stubs will have detailed pay item information, deductions, W4 status, and the all-important TAX calculations. Employees who have access to their stubs online can easily update their W4 and other personal…
Going Green” is more than a buzzword. The trend that has been spanning decades and becoming a more sustainable business has incredible benefits to your company, to the environment, to your employees, and to your customers.
As a small business owner, you probably don’t have an extensive staff, are privately owned, and have less capital to work with than enterprise sized companies. Trying to manage multiple departments and workforce items in-house isn’t the most efficient way to cut your costs, or spend your time. This leads to long hours, compliance frustrations, and other time consuming details that take up prec…
February is the month of love. Whether you celebrate Valentine’s Day or not, you can always use holidays to your marketing advantage to introduce more people to your business. Email Email is a powerful platform, especially if your database is fully loaded! By utilizing email, your company can offer vouchers or coupons, send a heart-felt or love-themed email, or offer a variety of date night/V-da…
Out with the old, in with the new. Typically, similar patterns occur each year; we set goals for what we want to accomplish over the course of the new year. Whether it be more exercise, learn new skills, or break old habits, we set goals or 'resolutions' that either stick, or don't. To be fair, many of us find it difficult to truly challenge ourselves. There has never been a better year to take yo…
With the recent Fair Labor Standards Act updates to employment rules, more scrutiny is being given to certain classifications of employees to make sure they are being paid properly. One group that is often overlooked are those employees who are in an 'on-call' situation. Some of these employees may be answering phones in the evenings or weekends, covering emergency situations, or simply available …
Accelerating trends to outsource payroll and advisory services are continuing, and unlikely to slow down. Companies are swiftly realizing that outsourcing these services is creating enormous savings and improving efficiencies. Time is money! Though saving time and money is the core motivation for companies to move to an outsourced solution, they’re not the only motivating factors. Outsourcing is…
It happened; Colorado voters passed Amendment 70. It was close at almost a 50/50 split. The changes are scheduled to go into effect January 1, 2017 and will incrementally increase minimum wage annually $0.90 until it caps in 2020 at $12.00/hour. There were varying opinions and concerns from business owners about how this will affect their pricing structure, buying power, and their ability to keep …
It’s that time of year again. The holidays are here and that also means gifts, family time, and of course, office holiday parties. Regardless if you’re a rookie or veteran, going to a holiday party leaves a lot of room for error, especially when alcohol, your colleagues and superiors are involved.
On November 22, a federal judge in Texas, District Court Judge Mazzant blocked the Department of Labor’s Overtime Rule Change from taking effect on the proposed date of December 1. The judge agreed with arguments posed from states and business groups and issued an ’11th hour’ injunction that prevents the rule from being implemented on December 1.
There are numerous payroll providers on the market. How are you choosing the best fit for your company? Are you now looking to grow? Is price your number one priority? Is your concern quality of service? By answering the following questions, finding the best fit is easy. Here is a brief list of a few items to evaluate:
If you own a small to large business, it’s easy to feel overwhelmed when you’re in charge of everything from hiring new employees to timekeeping and payroll services. There’s no doubt that payroll is one of the most important aspects of your company, and if you’re currently struggling trying to handle all of the payroll functions on your own
November is about more than just football and gorging yourself on delicious eats your family has prepared. Thanksgiving is a time to reflect on and be thankful for all of the great experiences you’ve had throughout the year, for the phenomenal people you know and love socially and professionally, and to give back to those that are less fortunate. Reflection brings refreshed perspective.
New overtime rules affecting millions of American workers are slated to take effect later this year.
Paperless, digital, and instantaneous. This describes the modern day way in which we all communicate. In the world of digital communication, email is standard. With email also comes basic criteria for communicating effectively. A few of these are: Proper spelling and grammar, manners, addressing the person properly, a polite close to your letter, and your signature block.
At Payroll Vault, many of our clients are young business owners looking to find appropriate applicants for their available job positions. While we have our own recruitment strategy when it comes to choosing the most qualified applicants for your company, below are a few recruitment tips to remember for entrepreneurs involved in the hiring process.
Raise your hand high if you are a business owner that likes to do your own payroll. Anyone? It can be time intensive, overwhelming, and administrative task-heavy. With the exception of Payroll Vault, because we LOVE payroll, few are likely to say that they enjoy processing payroll for their company over actually running their business. So why are you still doing payroll in house? It’s time to outsource your payroll and get back to your business.
Pay Cards are prepaid debit cards that an employee’s paycheck funds are deposited into. It reduces paper waste, helping companies become greener, and also helps employees who do not use a bank have a safe alternative to carrying a large amount of cash.
Like all good things, summer must come to an end. Vacations are wrapping up, variable work schedules are at an ebb, and work routines are getting back on track. Kids are heading back to school, ready to take on a new year of new challenges and goals, and parents should be doing the same.
The Department of Labor doubled the salary threshold for employees to qualify as exempt. More than 4 million workers are expected to lose their exempt status. Employees covered by the Fair Labor Standards Act (FLSA) will be entitled to overtime pay.
