If you’re considering implementing a time and attendance system or solution but haven’t officially made the move yet, you are not alone. Recent reports claim that somewhere between 25% to 38% of U.S. businesses still calculate payroll manually through systems such as paper timesheets, timecards, punch cards.
Calculating overtime and PTO correctly is essential to maintain employee satisfaction, comply with the Fair Labor Standards Act (FLSA), and avoid hefty penalties. This guide explains the step-by-step process for calculating overtime and PTO under the FLSA and how Accu Data payroll processing services help businesses avoid these pitfalls by keeping them up to date with payroll regulations and best practices.
Managing Payroll and HR involves multiple complex tasks, including compliance, onboarding, and employee data management. Without the right tools, these processes can become overwhelming and lead to bottlenecks, miscommunication, and errors that slow operations and hurt productivity. Leveraging modern technology is essential for businesses that want to stay competitive.
The SECURE 2.0 Act brings important updates to retirement plans, which can affect how employers report on Forms W-2. To help navigate these changes, the IRS has issued a fact sheet highlighting key provisions that may impact reporting.
Pre-employment background checks are a crucial step in the hiring process, helping employers make informed decisions while staying compliant with legal obligations. Understanding what you can investigate and how to navigate regulations ensures a smooth hiring process.
Implementing effective Employee Self Service Options can significantly boost employee engagement and streamline business operations. By providing employees with a user-friendly platform to manage their own HR tasks, companies can foster a sense of autonomy and trust, leading to increased productivity and reduced turnover.
In April 2024, the Department of Labor (DOL) issued a new Federal Overtime Regulations rule, significantly altering the “white-collar” exemptions and impacting businesses nationwide. This article covers what these changes mean for your business and how to ensure compliance.
Implementing a job applicant tracking system is essential for modern businesses aiming to streamline their recruitment process. With an effective ATS, companies can efficiently manage job applications, enhance candidate quality, and significantly reduce hiring time.
Enhancing employee engagement is crucial for any successful business, and an effective HR Support Center can play a pivotal role in this. In a perfect work world, all employees would be deeply invested in their roles, fully aligned with the company’s mission, and highly productive.
Earned Wage Access (EWA) is revolutionizing the way employees manage their finances by allowing them to access a portion of their earned wages before payday. This system alleviates financial stress and offers significant benefits for both employees and employers.