When to Change an HR Policy Human resources policies set the rules and guidelines for an organization’s workforce practices. These policies include: Such policies provide the HR department with an operational framework and communicate workforce-related information to employees at all levels. For best results, the policies must reflect current business requirements. But with so manyContinue reading “When to Change an HR Policy”
Category Archives: General
IRS Has Issued Notice 2023-62
Secure Act 2.0 Update
Delay in the effective date that requires any catch-up contributions made by higher‑income participants in DC plans to be designated as after-tax Roth contributions from 2024 to 2026.
New Form I-9 Released
New Form I-9 Released The U.S. Citizenship and Immigration Services has made changes to Form I-9: On Aug. 1, 2023, U.S. Citizenship and Immigration Services published a revised version ofForm I-9, Employment Eligibility Verification (PDF, 899.28 KB). Among the improvements to the form is a checkbox employers enrolled in E-Verify can use to indicate they remotelyContinue reading “New Form I-9 Released”
Tips to Improve Company Morale
Tips to Improve Company Morale Have you ever worked in a company that was having a morale-boosting initiative? Remember the tense hush that fell in the conference room when it was announced? The meaning-laden glances the employees shot each other? They were all picturing the same things: Mandatory after-work happy hours that penalize nondrinkers andContinue reading “Tips to Improve Company Morale”
How to Manage a Payroll Schedule
How to Manage a Payroll Schedule Learn how to create an effective payroll budget to avoid wondering how and where your money was spent. Creating a payroll budget helps you understand what percentage of your budget should go to payroll and enables you to stay on track throughout the year. Generally, payroll should account forContinue reading “How to Manage a Payroll Schedule”
Your Business Value Is All About Human Capital
Your Business Value Is All About Human Capital How do you think about the people who work for your company? If you believe they are valuable individuals who contribute to your success, you are on the right track. If, however, you think of them as replaceable cogs in a wheel, you may be sabotaging everythingContinue reading “Your Business Value Is All About Human Capital”
Is This Your Situation: Considering HR Outsourcing
Is This Your Situation: Considering HR Outsourcing Outsourced HR services are designed to streamline functions, reduce expenses and help meet your firm’s operational goals. You may hire a third party to oversee some or all of your HR functions, including payroll processing, employee benefits administration and talent acquisition. Outsourcing is a partnership between your companyContinue reading “Is This Your Situation: Considering HR Outsourcing”
HR and Payroll Self-Service: Essential Features and Best Practices
HR and Payroll Self-Service: Essential Features and Best Practices Self-service platforms let employees view and manage certain HR and payroll tasks themselves, which eases pressure on the HR or payroll team. Studies show that the vast majority of employers offer self-service HR or payroll. In National Payroll Week’s 2020 “Getting Paid in America” survey, 84.45%Continue reading “HR and Payroll Self-Service: Essential Features and Best Practices”
What’s the Story on DOL Posters for Remote Workers?
What’s the Story on DOL Posters for Remote Workers? In most offices, someone from HR hangs the relevant Labor Department posters in the company breakroom and that’s that. But in this new remote world, what are the requirements? Send the posters to each employee and tell them they have to hang them in their kitchens?Continue reading “What’s the Story on DOL Posters for Remote Workers?”
FLSA Mistakes To Avoid
FLSA Mistakes To Avoid Enacted in 1938, the Fair Labor Standards Act governs federal minimum wage, overtime, child labor and recordkeeping laws. Failure to follow these laws may come with a price. The U.S. Department of Labor, which oversees the FLSA, says that it recovered an average of $706,000 in back wages per day inContinue reading “FLSA Mistakes To Avoid”
Improve Your Payroll Audits With Automation
Improve Your Payroll Audits With Automation Payroll is a core feature of all businesses, and it is very important as it heavily impacts the morale of employees. After all, if employees aren’t paid appropriately for their work, you can expect them to leave. Payroll also impacts a number of business processes, including human resources andContinue reading “Improve Your Payroll Audits With Automation”
Navigating Open Enrollment in the New Normal
Navigating Open Enrollment in the New Normal Open enrollment is usually a challenging time for employers. However, the COVID-19 pandemic added another layer of complexity, forcing employers to modify many aspects of their business — including open enrollment. In short, open enrollment is a period of time during the year when employers allow employees toContinue reading “Navigating Open Enrollment in the New Normal”