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 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 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 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”
7 Considerations When Preparing Your Payroll Budget Most companies spend 20% to 30% of their annual revenue on payroll. The exact amount varies based on the employer’s size, industry, and staffing and operational needs. In some industries, such as service, it’s not uncommon for payroll to encompass up to 50% of revenue. For other industries,Continue reading “7 Considerations When Preparing Your Payroll Budget”
The payroll tax rates and contribution limits for 2022 have been released, and there are lots of changes. Click through to see exactly what is changing so you can make plans for the coming months.
Is This Your Situation: You Need Help Switching Payroll Providers If you’re feeling dissatisfied with your payroll provider, it’s probably time to move on. But the road to greener pastures is complicated. Unless you have trained human resources or payroll staff on-site, you’ll likely need some advice from an independent consultant — who can helpContinue reading “Is This Your Situation: You Need Help Switching Payroll Providers”
7 Key Aspects of Payroll Compliance 1. Federal wage and hour laws The Fair Labor Standards Act (FLSA) sets the federal wages and hour standards which are administered by the U.S. Department of Labor. These standards cover: Federal minimum wage. Overtime pay and exemptions. Work hours, including meals and rest breaks. Child labor, including permissibleContinue reading “7 Key Aspects of Payroll Compliance”
Learn how to conduct a remote RFP during the COVID-19 pandemic. Discover how B&A can transform you business operations by selecting, implementing and optimizing a modern Payroll or HCM software.