Learn how to create an effective payroll budget to avoid wondering how and where your money was spent. Creating a payroll budget helps you understand what percentage of your budget should go to payroll and enables you to stay on track throughout the year. Generally, payroll should account for about 15% to 30% of your […]
Checklists
Your Employer Tax Obligations
Everyone needs time and energy to run and grow their business, so you’ve outsourced your payroll process. You’ve decided to go with a third-party payroll provider to handle some or all of your employment tax duties. Make sure you know about employer tax obligations. This move lightens your workload, assuming that your payroll provider is […]
How to create an effective payroll budget
Learning how to create an effective payroll budget will avoid wondering how and where your money was spent. Creating a payroll budget helps you understand what percentage of your budget should go to payroll and enables you to stay on track throughout the year. Generally, payroll should account for about 15% to 30% of your […]
Will My Noncompete Agreement Hold Up?
You may want to require employees to sign noncompete agreements to keep them from working for rival companies. This can be particularly important when working within a small community like an island. But, will this actually protect the business? The answer is … maybe. Over time, courts have become less willing to uphold strict provisions. […]
The Essentials: HR, Benefits and Payroll Checklists
Human resources, employee benefits and payroll functions are separate yet intertwined, and checklists are essential to staying on top of your responsibilities for each one. Below are examples of what might be included in these checklists. Human resource management checklist HR department plan: Lays out the structure and operation of your human resources department. Recruiting […]