Do You Know Your Responsibilities Concerning Joint Employment?
In Yesterday’s Advisor, we began to learn about employer responsibility when it comes to joint employment. Today, we’ll explore the responsibilities of the secondary employer.
Tag: payroll
Ask the Expert: Does Change to Part Time End Employee’s Benefits?
We have a question about part time employee benefits. If we have employees who change from full-time status to part time, they may not have enough payroll to cover their benefit cost. If they don’t have enough payroll and we can’t take the payroll deduction, are they still eligible for benefits?
Why Track Employee Hours Worked?
Why track exactly how many hours every employee works?
For Compensation Plan Communication, Try Video
John Hyttinen, Senior Director of Total Rewards at payroll and business services giant ADP, needed to explain a bonus program to all employees. Before he could execute on it, he needed to identify his tactics. He started by determining guiding principles for the communication. While his own ideas would play a role, he really wanted […]
What Is the Sarbanes-Oxley Act (SOX)?
Remember Enron? WorldCom? Tyco? These accounting fraud cases shook investor confidence and spawned a new era: one in which there are tighter regulations that address financial oversight for corporations. In the wake of these scandals, U.S. Congress responded by enacting the Sarbanes-Oxley Act (SOX) in 2002.
What are Your Legal Obligations Related to Payroll Administration?
For any business that hires employees, it’s important to understand the legal obligations related to processing payroll. Typically, an employer is free to set up its own system of payroll administration and can choose the frequency of pay as well as the day of the week that is the designated pay day. However, there are […]
Ask the Expert: Is Our Time Clock ‘Rounding’ Practice OK?
We have time clocks that rounds to 7 minutes before or after the hour. If an employee clocks in 8 minutes late, the time is recorded as 15 minutes after the hour so the employee is losing 15 minutes of time. If an employee clocks in 15 minutes early then the time is recorded as […]
Compensation Administration: Why Make It Formal?
Not every company has a formal name for it, but every organization that hires employees has to have an idea of what they’re willing and able to pay those employees. Pay and benefits may be determined ad hoc in many organizations, but there are actually a lot of benefits to creating a more formal structure […]
Benefits of Hiring Independent Contractors
Does your organization hire only permanent employees? Or does it use a mix of employees and independent contractors? Or perhaps you rely solely on independent contractors and have no permanent staff?
Paycheck Pitfalls – What’s in Their Wallet?
A couple of years ago, a group of employees working for a McDonald’s franchise filed a class action lawsuit in Pennsylvania alleging their employer required them to accept wages in the form of payroll debit cards—with fees for use of the cards assessed by the debit card provider.