Have you taken the time to work out the three most important considerations about your business? READ MORE
The Department of Labor has announced the new minimum salary for certain exempt white-collar employees. The final rule is very close to the proposed rule we reported on in March. The new minimums will take effect January 1, 2020.
There are checks and balances you can put in place to help prevent fraud and deter bad actors. READ MORE
It may be time to revisit and review your company's policy.
If you have questions about your compliance status, contact your local Payroll Vault today for assistance.
Misclassification of employees may affect many aspects of your business, making it important to review each employee's classification to ensure compliance.
Decide on a systematic and precise process and stick to it. Enlisting the help of a professional to set things up accurately is also recommended.
Kristina was selected from over 27,000 franchisees, representing more than 300 brands that participated in Franchise Business Review’s research in the past 18 months.
According to the announcement from the DOL, with this proposed increase, overtime eligibility would be expanded to more than one million workers in the US.
According to our experience from small business to enterprise corporations, it's true that they care about their employees; but, there are some facts that don't quite add up.
Regardless of the scenario, the need to hire fast feels pressing and immediate. Don't do it! Here are 6 items that we never miss when hiring a new team member at Payroll Vault.
Every company and individual roles require diversified policies. Each role will have differentiating circumstances, but the overarching reality is that policy administration requires consistency to be effective.
Make your list and check it twice, even thrice! Deadlines for end of year forms have been updated, so make sure you are up-to-speed and on track for success.
Talking to and explaining the policy to employees openly and honestly can help deter the habit of being late.
Being memorable and building relationships is vital. This holiday season, it is our mission to assist entrepreneurs and business executives in standing out.
So many things can affect the accuracy of the W-2 form and should be considered. This is not an exhaustive list, but a good starting point.
There are a few ways to redirect focus without infringing on employments rights and reducing instances of possible disruption.
Effective business owners strive for engaged and happy employees who will be more productive. However, in their attempt to cater to an employee who seems to need an exception (i.e., modified pay structure or PTO policy, cash loan, etc.), we’ve observed our clients painting themselves into a compliance corner that is oftentimes difficult, and potentially expensive, to navigate. However, before de…