When it comes to paying employees, laws and the Internal Revenue Service have made the payroll function a time-consuming nightmare for the small business owner. Small business owners spend an average of eight hours a month performing payroll functions.
Business Plan: A business plan is a formal document which describes the business, details the goals of the business, and describes how those goals will be attained as well as the risk factors that may present problems.
Outsourcing payroll & employment services in Memphis seems to be a trend for small businesses because of the cost savings and increased efficiency a payroll service provider can bring. If someone else is managing the tedious task of running payroll, you and your employees can focus on business growth. What kind of payroll service do you need as a small business?
As 2016 approaches, it is time to make sure you are in compliance with current state and federal labor law posting regulations! For the New Year, the federal government has announced an increase in the budget allocated for the Department of Labor. As part of this, millions of dollars will be put toward supporting efforts for employment laws and for securing safe and healthy workplaces.
A well written and comprehensive employee handbook will benefit both the employee and the employer. Employees will gain a better sense of the organization and employers will know that they have made the policies and expectations clear to its workers. Here are some of the specific reasons that every employer should create and maintain an accurate handbook:
An organization’s human resources department is responsible for a variety of functions. Human resource departments oversee employee payroll and tax filing as well as employee benefits and health administration. Human resources also manage legal compliance, maintain files and records, and oversee training and development. Businesses that outsource HR functions to payroll & employment services in Denver receive several advantages that support a company’s bottom line.
Pay as you go worker’s compensation is becoming more popular in the business world thanks to a number of benefits it can provide. The old, traditional method of worker’s comp involves paying upfront costs based on estimated payroll and being forced to suffer through annual audits. Pay as you go worker’s compensation is a more common sense approach to the issue.
HR can be a complicated topic for small business owners who aren’t HR experts, and lets be honest, most aren’t. So what benefits exist for hiring an HR solution? At what point do you need to get an HR solution?
Small business owners might wonder if including pre-employment background checks during the hiring process is worth the additional time and expense. However, when seriously considering a candidate for an open position, it can be very important to think about conducting a background check.
In the past, most HR departments provided one-stop shopping for employees with questions or concerns about benefits, hiring, training, complaints, colleagues, etc. For management, HR was the place to go for recruitment, retention and terminations. Human resources is a critical function and most companies handle it in-house. With payroll & employment service in Memphis, that is all changing very rapidly.
Even the most meticulous and experienced professionals find that payroll can be a headache. Add a stiff penalty for a tax filing omission, and now we are talking about a full blown financial migraine for your company.
While some businesses opt to handle their payroll internally, through manual bookkeeping, in-house bookkeeping or payroll software, increasingly, small business owners have come to prefer the expertise of professional payroll services in Centennial.
Dealing with HR issues can frequently be a hassle, especially with having to keep up with all of the various changes in wage and hour, disability, discrimination and employee leave laws, let alone having to deal with employer obligations under the Affordable Care Act and just managing your company’s compensation and benefits programs.
We all know they’re required in your place of business, but what are some of the other requirements that you may not know? Here are some of the most frequently asked questions regarding labor law posters.
Outsourcing payroll operations can offer small businesses an attractive and valuable alternative to managing payroll internally. Hiring payroll services in Littleton alleviates the time employees spend calculating payroll, determining tax obligations, preparing checks and providing management reports.
Let us fulfill your payroll needs so you can get back to what you do best, running your business. In today’s hectic environment, it is a challenge to juggle all of the daily tasks that keep your business running efficiently. There are many benefits of hiring payroll services in your area, here are a few:
Incidents involving a workers’ compensation claim can raise your premiums. Pre-employment drug screening is one way to reduce workers’ compensation claims.
Positivity has numerous beneficial affects on relationships, professional and personal growth, overall well-being, and many more. So how does putting yourself in a positive state of mind benefit you in business?
What’s the point of attending a business-networking event if you don’t actively seek new people to meet and discuss business with them? Set an easy minimum goal for yourself to meet at least three new people at each event you attend.
Before you start a project you have a picture in your mind of what the end product should look like and the benefits you will derive from it. Business and life are no different, but most of us ignore that very simple concept. We all should spend some time planning our business and personal lives and decide what our dream of success and wealth really look like.
Give yourself some down time away from work
Planning is very important to being more productive because planning will help you determine the result or outcome you want to achieve. That being said, do not spend all of your time planning (rather than doing), but before emails, calls, and meetings, plan out what result you’re looking to achieve.