Payroll processing, when managed effectively, can save you money in several keyways. Here are some of the primary cost-saving aspects: Avoidance of Penalties for Non-compliance: Payroll involves various legal requirements including tax withholdings and filings. Errors in payroll can result in costly penalties and fines from tax agencies. Accurate processing ensures that all tax obligations...
By Allen Smith, J.D. “Workplace harassment” is more than just sexual harassment, the U.S. Equal Employment Opportunity Commission (EEOC) reminded employers in guidance published April 29. The commission shared specific examples of the kinds of harassment it deems unlawful—including harassment based on race, sex, religion and other factors. Examples of Workplace Harassment The...
The average cost of payroll processing can vary widely depending on several factors including the size of your business, the complexity of your payroll needs, the frequency of pay runs, and the service provider you choose. Generally, payroll processing costs can be broken down into a few categories: Basic Service Fees: These are often charged...
SHRM executive in residence talks about unlocking human potential in the age of AI By Roy Maurer HR leaders are uniquely positioned to drive human-centered artificial intelligence adoption in the workplace, according to Nichol Bradford, the AI+HI executive in residence at SHRM. Speaking in a SHRM webcast on April 30, Bradford said that HR professionals have...
There are many templates for employee handbooks available, which can serve as a great starting point for creating your own. Here are a few options to find templates: Online HR Resources: Websites like SHRM (Society for Human Resource Management), Workable, and Rocket Lawyer offer a range of resources, including templates for employee handbooks. Some of...
By Allen Smith, J.D. The July 1 effective date for the initial increase to the overtime rule’s salary threshold for white-collar exemptions is fast approaching, and 88 business groups have asked the U.S. Department of Labor (DOL) for more time to comply with the regulation. We’ve gathered articles on the news from SHRM Online and other...
Whether or not it is a requirement to have an employee handbook can depend on the jurisdiction in which a business operates. In general, there is no universal legal requirement mandating that all employers must have an employee handbook. However, having one is considered a best practice for several reasons: Clarification of Rules: An...
By Kathryn Mayer Employees will be able to sock away more money in their health savings accounts (HSAs) next year, thanks to rising inflation. The annual limit on HSA contributions for self-only coverage in 2025 will be $4,300, a 3.6 percent increase from the $4,150 limit in 2024, the IRS announced May 9. For...
Not having an employee handbook in an organization can lead to several challenges and potential issues, both for management and the employees. Here are some of the implications and what you might consider doing about it: Implications of Not Having an Employee Handbook Lack of Clarity on Policies and Procedures: Without a handbook,...
By Kathryn Mayer Employers looking to hire new talent may have to shell out more money than they have in years. The lowest average pay that people would be willing to accept to take a new job—also known as the reservation wage—has jumped significantly over the past year, reaching $81,822 as of March. That’s...
Copyright by People First INC. All rights reserved. 2022
2022 Copyright by People First Inc. All rights reserved.
