The Internal Revenue Service (IRS) has announced significant changes to the IRA contribution limits for 2024. Understanding the 2024 IRA Limits is crucial for individuals and families planning their retirement strategies. This article delves into the details of the new limits, including the implications for tax planning and long-term financial security.
Holidays. Employee birthdays. Company milestones. Over the course of the year—and especially at the end of it—gift exchanges at the office are a common practice. Employee gifts can significantly boost morale when done right. Dive into our comprehensive guide to ensure every gift fosters a positive work environment.
Everyone loves payday! And with each passing year, more and more employees seem to love direct deposit. According to a 2022 American Payroll Association survey, more than 93% of U.S. workers are paid by direct deposit. That’s quite a jump from 74% in 2011.
Your staff is the most important asset for your company’s success…which make payroll your company’s most important administrative task. Your employees need to be confident their wages will be paid on a regular basis. That seems like a simple enough ask, but as any HR manager will tell you, nothing about payroll is simple…especially if you’re a small business trying to handle it all in-house.
Recent changes in IRS rules could significantly impact ‘catch-up contributions’ to retirement plans for those aged 50 and up. Our guide breaks down the new guidelines under SECURE 2.0 and what they mean for your retirement planning.
It’s a natural thought for a small to mid-sized business owner to have: Why bring in outside help for a task if you can handle it in-house? When it comes to payroll outsourcing, however, you might want to think again.
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As the saying goes, “To err is human, to forgive divine.” But tell that to someone waiting on a late paycheck! It doesn’t take more than a couple of payroll errors to create fractures in employer-employee relations. That’s why most organizations have made the move to automate their payroll process. But is that enough? Errors can still happen if your time and attendance payroll Integration is not in place.
Talent acquisition can be stressful for HR managers…especially when a job position needs to be filled quickly. Automated and AI employment decision tools such as resume scanners, employee monitoring software, virtual assistants and job-fit algorithms can certainly speed the candidate-assessing process…but at what cost?
Understanding the top features of time and attendance app can be a game-changer in streamlining HR processes, reducing errors, and saving time. Dive into our detailed guide to learn more about the essential components of a powerful time and attendance tool.
We all experience it during the job hiring process. You’re looking for someone with 3-5 years’ experience and you get applicants with 10, 15, even 20+ years in the field. Or the position requires a bachelor’s degree and they have a doctorate…from an Ivy League school!
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