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.
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.
“Our most valuable resource is our people.” That’s something that many businesses say about their workforce — but how many businesses actually treat their human capital that way?
When is the best time to switch payroll companies? A few years ago, the answer would be to wait until the end of the year (or fiscal year) or at the very least, the end of the quarter. Now the answer is, pretty much whenever you feel the need to move forward.
HR has changed dramatically in the past decade, evolving from a focus on information storage to a more strategic process that involves everything from operational management to recruitment to workflow optimization and more. The expectations placed on Human Resource teams to handle all of the new demands are high. And if your business is still using legacy HRIS systems, they may be impossible to consistently meet.