The outdated method of manually collecting employee data makes businesses vulnerable to errors, costing them time, money, and effort better spent elsewhere. It also creates opportunities for time theft, which, according to The American Payroll Association (APA) and Zippia, affects 75% of businesses, costing them up to billions annually. Thankfully, mitigating these risks is now ...
Most employers offer paid holidays as a benefit to employees. Company holidays often raise questions about how pay, scheduling, and other issues are handled. The following are some common questions related to holiday pay and time off. Q: Are paid holidays required? Are there a minimum number of holidays that my company is required to ...
From the bottom line to top line, inflation is top of mind. For many, the last few years may have felt like an almost perfect economic storm for many small businesses. Inflation rates and resignation rates have been high in 2021 and 2022. Many employers were caught off guard by how many employees began to quit ...
Mitigating Financial Risk: In an increasingly online—and thus instantaneous—world, businesses need to digitize processes as much as possible to keep up. Considering the critical importance of paying employees, perhaps no process is as ripe for digitization as payroll. Establishing electronic payment processing for your employees simplifies both your life and theirs, as it allows ...
The Challenge: Owning and operating a small business is incredibly rewarding, but it’s not without its challenges… Small business owners wear many different hats. Often, they play the lead role in many areas that larger companies have entire departments to manage. With so much individual responsibility, it’s easy to get lost in daily ...
The workplace has changed immensely over the last few years. Not only has there been a change in how we work due to the COVID-19 pandemic, there – has also been a much greater focus on diversity and inclusion. Although there is still work to be done, many organizations are making strides in advocating for ...
In recent months, the economy has started to rebound from the COVID-19 pandemic. More jobs are opening up for those who are unemployed, and many people are taking the chance to switch careers, as well. As a company, all of this movement in the workforce can make it increasingly difficult to recruit top ...
It may be too early, or perhaps too hopeful, to refer to a “post-COVID-19” world just yet, but we’re going to! COVID-19 has changed the ways in which nearly all organizations operate, and many of these changes will be long lasting. So, we’ve compiled a list of the top post-COVID-19 work trends to watch for ...
2020 has been…a year. And while it’s certainly been a trying 12 months, there’s still reason to have a holiday party “2020 style.” COVID-19 has changed the way in which employers and employees interact, which means holiday parties may look a bit different this year. Employers in some states may be able to have in-person ...
Here at Payroll Medics, our trusted advisors are often asked tough HR questions and we wanted to share a recent HR Q&A with you. In general, yes, employers may require the use of vacation/paid time off (PTO) and restrict its use. We always recommend you check for state and local paid sick leave laws, restrictions ...
