The I-9 form is a Department of Homeland Security (DHS) document used to verify a person’s eligibility to work in the US. Workers provide identification such as a Social Security card and driver’s license or passport. The employer then physically verifies these documents to confirm the employee’s work eligibility. Both employer and employee complete and…
What is
History of IVR & Its Evolution Through the Years
Interactive voice response (IVR) is an automated business phone system that answers incoming calls and offers options and information via a menu. The history of IVR began in the 1930s with Bell Lab’s invention of the Voder machine. Since then, IVR technology has improved—from early systems using touch-tone keypads to advanced speech processing. IVR solutions…
What Is a Payroll Register? Small Business Guide
Included as a standard report in most payroll software, a payroll register is a detailed record of all employees’ payment data. It’s the paycheck records of every employee in one report, including the total gross pay for each employee, each type of deduction and amount, and the total net amount that each employee receives. A…
Hiring Family Members: What You Need to Know
Hiring family members for your small business can be a strategic move or a potential pitfall. This comprehensive guide is designed to help you navigate the complexities that come with employing relatives. From understanding nepotism and its implications to exploring the pros and cons of family employment, we discuss various aspects that can impact your…
Ecommerce Payment Security: 10 Small Business Best Practices
The boom in online shopping, along with the general increase in fraudulent activity, has made ecommerce payment security vital. Ensuring the security of customer payments is the responsibility of every small business owner that accepts payments online. Follow the 10 best practices listed below to keep your site and customers safe. 1. Choose a Trusted…
What Is Inventory Shrinkage? Calculator, Causes & Prevention
Inventory shrinkage is the difference between a product’s recorded stock count and the amount physically on hand. The difference between these two amounts is referred to as “shrink.” In a retail setting, it is also sometimes called retail shrink. Either way, both mean the same thing—you’re missing inventory you thought you had. You can use…
10 Cash Flow Management Tips for Small Businesses
Cash management is the process of managing cash inflows and outflows and utilizing idle funds to generate passive income. It involves collecting from your customers punctually so that you can pay your bills on time, avoiding penalties and interest. The lack of available cash can impact your business’s operations, affect your ability to settle payables,…
Salary History Bans By State: Everything You Need to Know
Learn how salary history ban laws can affect the interviewing and hiring process. Check your state and local laws.
Salary history refers to an employee’s past earnings and can include details about other benefits received, such as bonuses and paid time off. Sometimes, new employers ask for a job applicant’s salary history so they can consider it when making a job offer. There currently are no federal laws against asking these questions, but many…