Blog Category

Payroll

this is how to talk about money with your employees

December 18, 2018

How to Talk About Pay At Work

Pay is a deeply personal issue for everyone. Dissatisfaction with pay can make a huge impact on employee engagement and how likely they are to stay at your company. Employees can easily search for salary information online or ask friends working at your competitors about their pay and benefits.  With so much (mis)information swirling around, you’re […]

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Here's your december payroll checklist

December 12, 2018

Your December Payroll Checklist

With so many bank holidays throughout December, business owners and HR leaders are scrambling to get everything in order before the new year. Payroll deadlines are approaching and tax information must be in order. Here are a few payroll best practices as well as a professionally-crafted payroll checklist to help you stay on track this […]

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401K company match limits 2019

December 10, 2018

401K Company Match Limits for 2019

A 401K is one of the most common types of employer-sponsored retirement accounts in the US, but it’s only one type of account, and not standardized across the country. Some employers give the option for employees to contribute part of their salaries to a 401K (up to a certain limit), while others entice you by also […]

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voters increase arkansas minimum wage

December 10, 2018

Voters Pass Bill to Increase the Arkansas Minimum Wage

Arkansas businesses could be handing out larger checks to minimum wage workers come Jan. 1, 2019. On November 11, voters approved a bill to increase the Arkansas minimum wage from $8.50 an hour to $9.25 starting Jan. 1, 2019. The wage will increase to $10 on Jan. 1, 2020 and again to $11 on Jan. […]

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how to determine the right compensation for employees

December 5, 2018

How to Determine the Right Employee Compensation

There are several strategies on how to determine the right employee compensation structure and packages for small and mid-size businesses. How much should you offer? What’s fair? Here’s the breakdown. New Hires In a small to medium-size business new hire compensation is usually determined on a case-by-case basis. Start by taking a look at the […]

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small business guide to holiday bonuses

December 4, 2018

Your Employer Guide to Holiday Bonuses

‘Tis the season for Grandma’s plum pudding, eggnog, and driving your Uncle home after he’s consumed a little too much of both. Here’s something else that a lot of employees look forward to this time of year: holiday bonuses. If you’re an employer, you might be wrestling with your decision to give a holiday bonus […]

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What to know about Missouri's new minimum wage law

December 3, 2018

What is Missouri’s New Minimum Wage Law?

Missouri voters recently endorsed a higher entry wage for workers. On Nov. 11, Missouri voters approved an increase of the state’s $7.85 an hour minimum wage to $12 an hour over the next five years. The minimum wage will jump to $8.60 in January 2019. It will gradually increase by 25 cents per year until […]

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how to prorate vacation days

November 28, 2018

How to Prorate Vacation Days for Full-Time and Part-Time Employees

There’s a lot to look forward to when it comes to the holiday, but for small business owners, ’tis the season for managing vacation days. Figuring out how to prorate vacation days often lands somewhere near the stop of most business owners’ stressor lists, especially if you’ve got a wave of new hires or seasonal […]

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calendar extensions from IRS form 8809

November 26, 2018

Everything You Should Know about IRS Form 8809

Managing all the taxes, withholdings, and paperwork for your employees can be a hassle, especially if you’re a new or very small business. However, there is one quick solution that can help make the whole process a bit easier: Gaining a basic understanding of the forms that are relevant to you and your business. One form […]

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employer health insurance tax benefits

November 26, 2018

What Health Insurance Tax Benefits Are Available for Employers in 2019?

As a small business owner, every deduction counts. Make sure you’re getting rewarded for protecting your employees. A few changes are being made to health insurance tax benefits in 2019, including small business tax credits, deductibles, HSA, and HRA options. Make sure you’re in the know about which tax benefits will be available to you […]

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why its important to calculate gross to net pay

November 21, 2018

Do You Need to Calculate Gross to Net Pay?

Understanding the differences between gross pay and net pay are essential for employers and employees. Both parties must understand gross to net pay when establishing salary requirements, making hiring decisions, and negotiating an offer. What’s the difference between gross pay and net pay? When an employee accepts a new job offer, the negotiated salary is […]

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what your employees need to know when switching 401k providers

November 20, 2018

What Your Employees Need to Do When You Switch 401(k) Providers

As a retirement plan sponsor, you have many responsibilities; ensuring your plan remains in compliance with all IRS regulations, performing ongoing maintenance of the plan, and perhaps most importantly, acting as a fiduciary to the plan—meaning you hold the requirement to act in the best interest of plan participants. This is an overwhelming amount of […]

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