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An employee referral program involves asking your employees to refer candidates who may not have otherwise applied to your open roles and rewarding them for their referral efforts. With an employee referral, you gain access to higher-quality applicants—and may reduce hiring costs and time to

Editorial and Partnership Disclosure Capital One Spark Miles for Business is an excellent travel credit card that comes with a low annual fee of $95, waived for the first year. This card offers unlimited 2× miles on every business-related purchase, which you can redeem for

Editorial and Partnership Disclosure Costco Anywhere Visa® Business Card by Citi is designed for business owners who have significant gas expenses and shop at Costco stores frequently. It offers premium cash back on these expense categories, provided as an annual credit card reward certificate that’s

An employment contract is a written employment agreement documenting the shared rights and responsibilities between your company and an employee. A strong employment contract template should include terms of the agreement, the employee’s responsibilities, compensation and benefits, and an at-will statement. We’ve provided a general employment

As credit card transaction fees continue to rise, so does the cost of doing business. Unfortunately, there is no absolutely free way to accept payments online for free. In 2024, merchants pay anywhere between 1.5% and 3.5% for every credit card sale, and online transaction

Payroll for nonprofits is the process of managing and compensating employees within a nonprofit organization, ensuring compliance with tax obligations, and handling employee benefits. The process goes the same way that for-profit businesses do; however, there are some differences depending on your organization’s structure and

The list below includes the most common business expense categories that a small business may encounter; it’s not an exhaustive list. In general, you may deduct expenses that are ordinary and necessary for your business. The IRS website defines “ordinary” as something common for your

A new hire checklist ensures that you don’t miss important steps when adding new employees to your team. Make sure to include all the required documentation and steps on the checklist template you create to make their first days on the job efficient and enjoyable.

Voice-over-internet protocol (VoIP) security is critical to safeguarding cloud communications against internet-based threats like call tampering, data breaches, and eavesdropping. To minimize the risks, businesses take simple precautions through regular system updates, strict password policies, and virtual private network (VPN) use. Explore other VoIP security

Gross pay is the amount of money you pay an employee before any deductions are withheld, such as for taxes. It’s the basis for figuring everything from Federal Insurance Contributions Act (FICA) withholdings to overtime wages. Learning how to calculate gross pay is simple; the

A phone tree is a hierarchical diagram that guides incoming callers through a series of menu options, directing them to their desired agent or department. Businesses use it in automated phone systems to handle customer inquiries efficiently based on the caller’s selections. In this article,

Merchant services, also referred to as payment processors, are a necessary but frustrating part of running a business. We list 10 providers that offer fair and transparent pricing