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A payroll budget is a financial plan that outlines the amount your company expects to spend on its employees’ wages, salaries, and related expenses. This includes regular pay, overtime, bonuses, benefits, taxes, and any other compensation-related costs. It’s crucial for managing cash flow, ensuring employees

“No call, no show” means that an employee missed work and didn’t call to let their employer know about it. It is an issue that plagues businesses of all sizes, but it can be especially detrimental to small businesses. Having a no call, no show

A flexible work schedule policy outlines for employees an alternative to the typical 9–5, Monday–Friday workweek. It might allow for different daily start and end times or even a compressed four-day workweek. Employees who can customize their work hours can better manage their time and

Managing employee attendance is crucial for your small business to thrive. It is vital that your employees show up for work—as excessive absences can significantly impact your business’ productivity and overall employee morale. Developing a strong attendance policy, using time tracking software, and providing benefits

An expense report template makes it easy for employees to record the details of reimbursable business-related expenses. It also helps employers when running payroll by allowing them to monitor and track those expenses and ensure accurate reimbursement. To help you track your employees’ work-related spending effectively,

Employers are required to complete an I-9 form, which confirms eligibility to work in the US, within three days after a new employee starts. The employee fills out the top section of the first page, and employers must verify and fill out the rest. Follow

Direct deposit is a secure electronic method of transferring funds from one bank account to another. In terms of payroll processing, employees receive their wages directly in their designated bank account instead of receiving a physical paycheck. This method of payment offers several advantages, including

Learning how to do payroll in Kentucky and handling the state’s taxes is pretty straightforward. Unlike in some other states, Kentucky does not have any local taxes and has only one state payroll tax form, making this one of the easiest states in which to

Conducting a reference check is a vital part of your hiring process as it helps verify the information a candidate has given you and provides additional details about the candidate’s work performance and abilities. It is equally important to know what reference check questions to

A job description explains the work duties and requirements of a particular job role within your company. It should also include details about your company culture, as well as the compensation and benefits offered for the position. Once created, it can be published on a

A pay stub is a document that details an employee’s earnings, deductions, and net pay for a specific pay period. This seemingly simple document holds significant power, as it not only serves as a record of payment but also aids in resolving any discrepancies that

As you learn how to do payroll in New Mexico, you’ll find that labor laws for hours, time off, and overtime closely align with federal regulations—so you won’t have to deal with as many headaches as employers in some states do. Employers are required to