Payroll taxes are taxes withheld from an employee’s paycheck. Although many people consider payroll taxes to include federal, state, and local income tax, they technically don’t. Instead, the money collected from payroll taxes goes straight […]
What Are Payroll Taxes And When Are They Due? Read More
You might run a payroll audit if your business runs into pay issues, like high employee costs. While a payroll audit can help you fix current issues, they’re most effective for preventing mistakes and potential
How To Run a Payroll Audit That Makes Employers Grateful Read More
Supplemental pay is any compensation you pay your employees in addition to their base salary or wages. Things like performance-based bonuses, shift differentials, and overtime are common examples of supplemental pay. Normally, supplemental pay is
What Is Supplemental Pay and How Is It Taxed? Read More
Pay parity is when an employer pays its workers equal compensation. This doesn’t mean paying new hires the same as people with 10 years of seniority at your company. Instead, it means paying people the
Pay Parity Strategies from 5 Top Companies – What’s Working? Read More
Form 944 is for employers that qualify to pay taxes once a year instead of quarterly. Only companies with a tax liability of $1,000 or less are eligible to file Form 944. Form 944, Employer’s
When Can Employers File a 944 Instead of Paying Quarterly? Read More
Employee overpayment is more common than you might think. It happens for a dozen reasons. Maybe a manager accidentally approved the same invoice or paycheck twice. Or perhaps a new accountant entered the wrong hourly
Yes, Employers Can Usually Recover Employee Overpayment Read More
Earning a payroll certification shows employers that you’re knowledgeable with must-have payroll skills and serious about your career path. It also designates you as someone who’s self-motivated to learn and develop professionally. The payroll certifications
Every Payroll Certification In the U.S. & What They Require Read More
Naturally, the average wage has increased significantly in the United States over the past few decades. As the cost of living increases, it makes sense for wages to go up. Data from the Social Security
Average Pay Raise Percentage: Is 5 Percent Still Acceptable? Read More
The essence of a pay for performance strategy is simple: when your employees perform well, you reward them with extra pay. It sounds like a good idea, right? And it is—most of the time. If
Does Pay for Performance Work? Yes, In These Situations Read More
Bonuses help organizations incentivize employee performance. Whether they surpass their sales goals or design a winning marketing campaign, an employee can receive bonus pay as part of their direct compensation package to reward them for
How to Calculate Bonus Pay and Taxes for Every Type of Award Read More
