This is part two of our guide on "Good Payroll Practices for Small Business". To read part 1, click here. There are factors that small businesses owners must consider before choosing the payroll system to use in a firm. These factors include: Budget: Budget indicates resources available for a business to spend. [...]
Payroll management is one of the daunting tasks that businesses, especially small-scale firms, find challenging. However, it is a primary and inevitable activity for every business. Sometimes, payroll issues can lead to low employee morale, tie up firm resources, and in extreme cases, crumble down well-established companies. To help, we've comprised a [...]
Payroll management is an essential part of the daily running of any company. Every form of business with active employees and suppliers produces some form of payment that they calculate according to set metrics. Furthermore, almost all of them face challenges managing their payroll effectively due to poor payroll management skills and [...]
Who'd have guessed that after the first pandemic lockdowns in March, we'd still be dealing with some of the same workplace issues over a year later? It seemed like a temporary, emergency solution when workplaces first shuttered and people began the experiment of working from home. Now? It's been ingrained in our [...]
Payroll companies streamline payroll processes and provide employees with efficient, reliable payment services. Some of the business leaders choose payroll companies because they are exceptional in legal compliance and accountability. For a business leader, tackling payroll is one of the toughest tasks. Tracking employee time and attendance, taxes, wages, and compliances; all [...]
Payroll management entails the accurate processing of employees’ time and attendance and ensuring that all transactions in the paychecks are correct and perfectly updated. Payroll management, unlike traditionally envisioned, is not a mere transactional process that is relegated to the back office. Professionals in the field must consider the human side [...]
Company culture should not be overlooked. A great company culture breeds employee satisfaction and engagement. However, building a company culture is hard work that requires many elements including a vision, values, communication, and an appropriate work environment and management style. One element that is consistently overlooked, however, is the payroll. Payroll [...]
Employers must make special efforts to recruit top talent and ensure they retain them due to the ongoing reduction of unemployment and the widening skills gap. Regardless of the organization's industry or size, employers should streamline Payroll before focusing on perks and engagement plans. The plan to revolutionize management in 2021 is [...]
It doesn’t matter when your payroll is distributed to your company, bi-weekly or just twice a month. However, when problems arise and employees aren’t paid on time, that can cause quite an ordeal. To make sure that your employees are paid when they are supposed to be and don’t wind up dissatisfied [...]
It doesn’t matter when your payroll is distributed to your company, bi-weekly or just twice a month. However, when problems arise and employees aren’t paid on time, that can cause quite an ordeal. To make sure that your employees are paid when they are supposed to be and don’t wind up dissatisfied [...]
