For small and midsize business owners in the hospitality industry, it is crucial to understand and comply with employment laws to avoid costly penalties. A recent case involving a restaurant chain in Greenville, South Carolina serves as a reminder of the consequences of violating wage and hour regulations. The U.S. Department of Labor’s investigation found ...
The outdated method of manually collecting employee data makes businesses vulnerable to errors, costing them time, money, and effort better spent elsewhere.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 ...
Does your organization need seasonal help to support business operations during specific times of the year? There are many types of businesses that need temporary or seasonal help to meet industry demands or increased traffic. Businesses might hire seasonal employees to staff outdoor pools in the summer or ski resorts in the winter. There are ...
Payroll is a critical function for businesses of all types and sizes. Payroll processing and tax compliance require a tremendous amount of attention to detail to ensure accuracy. With an entrepreneurial spirit and focus on growing your company, your time is already stretched thin and it can be difficult to stay up to date with ...
10 Costly ACA Mistakes Businesses Should Avoid The Affordable Care Act (ACA) has been the law of the land for more than a decade and has survived legal challenges from the Supreme Court as recently as last year. The aim of this law was to help lower the cost of quality healthcare for Americans through a shared ...
A source of innovation and growth, employees are a key ingredient to the success of your growth-oriented business. Human capital is one of your biggest assets and one of your largest expenses. In many industries, labor costs represent a significant percentage of total business expenditures which is why it’s important to keep careful track of ...
Each year, HR leaders are always being asked to look into a crystal ball and predict the future. This year, you don’t have to have a Spidey sense to tell you that a few trends that are surfacing are likely to stick around beyond 2022. By now, we have seen how the coronavirus pandemic has ...
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 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 ...