Employee Timekeeping Services In Miami PowerPoint PPT Presentations

Nowadays, the majority of employees in the United States are paid via direct deposits into their bank account, and these numbers are growing due to the increased benefits for both employers and their workforce.

Whatever type of organization you run, and whatever type of product or service you produce, time and attendance has a hugely significant role to play, and here’s why:

If you’re the owner of a small business, you’ll know that for the most part, the key to success lies in having a good workforce. However, it could be said that you only get out what you put in, and if your employees don’t feel valued and appreciated, then your business just may not become successful.

As a business owner, you’ll naturally do what’s in your power to create a safe work environment for your employees, but some accidents simply cannot be prevented, no matter what preventative measures you take. When an accident does happen, you want to be sure that your business and your employees are protected as far as possible, and having a sound workers compensation policy is a vital step towards achieving this.

Group health insurance coverage for employees, is offered by companies to those staff members who are eligible, and close family members may also be included. This is naturally seen as a benefit of working for a company, and many employees will consider the health insurance package on offer, before they accept a position within a company.

Employee background checks have become part and parcel of the hiring process for many companies, big or small, and whether potential employees relish the prospect of having their backgrounds delved into or not, it certainly gives company owners greater control and peace of mind, over who they employ. That isn’t to say that someone you take on with a clean background, won’t later prove themselves to be wrong for the job, but the risk is certainly reduced.

Having a workforce that is not only content, but motivated enough to be productive, can be a real profit booster for any company, large or small. Making your employees feel engaged with the company and valued as individuals, should see them less inclined to shirk their responsibilities or take days off unnecessarily. They may even work harder than they would if they felt that their efforts weren’t being appreciated, or that their employer didn’t really care about their welfare or needs as a member of staff.

If you are an employer of any workforce, you have a moral and legal obligation to pay them regularly and according to state regulations. If you do not – no matter what the reason – you could see yourself having to pay costly fines and jeopardising the relationship between employer and employee.

Timekeeping and payroll are two elements of a business that are inherent to its success and making both as simple and effective as they can possibly be, is the first step towards a business being productive and profitable. Nowadays, more and more small businesses are turning to online systems to track and manage employee timekeeping and payroll, and there are multiple advantages, most of which can be found below:

Choosing how often to pay your employees isn’t as simple as picking a schedule randomly; the payroll schedule you opt for can actually have a significant impact on your business and its cash flow, and careful consideration should be made before deciding.

A continuing and growing threat, cyber attacks are a terrifying reality for many businesses and individuals the world over, and none more so than in the U.S. In some instances, cybercriminals are finding ways to infiltrate organizations through their own employees, and this could be through something as simple as an employee clicking on a phishing mail.

Nowadays, part of the hiring process for employers often involves conducting background checks on applicants, but knowing how to choose the right service is not always obvious.

Salaries, bonuses and deductions (such as transit or health insurance) are the financial obligations paid by an employer to their workers, and these are covered by payroll.

Screening applicants to determine who you invite for an interview or who you may wish to hire, is a sensible step taken by most companies and can prevent problems in the future with employees who may have questionable backgrounds. Many employers outsource this process to third parties that specialize in conducting background checks.

As the owner of a business, it is your responsibility to make sure that payroll runs smoothly and efficiently, for your sake, that of your business and of course, your employees.

When you begin the search for new employees, there are certain steps that must always be taken, such as publishing the job description online, sifting through the candidates and setting up interviews

Payroll is a vital aspect of any business’s financial accounting, whether it be large or small, and it can affect every aspect of a business, too, from its financial stability, to the morale of its’ employees.

As the owner of a small enterprise, you’ll probably know just how strictly regulated the legal system is with regards to many aspects of running a business, and this can prove especially complicated when dealing with the employee payroll accounts. There are myriad state and federal regulations with regards to pay, and ensuring that you comply with each of them can be a worry. Below are a few points that should set you going on the right path:

The minimum wage laws of the Federal Fair Labor Standards Act (FLSA) must of course be complied with by every U.S. business. Here is some useful information if you’re thinking about taking on employees in your business, and need to know a bit more about the minimum wage.

For most small business owners, their company is their livelihood, and so it’s important to get every aspect of it right, even down to payroll and human resources. Once you’ve got a set of employees (or even just the one employee!), your business could depend on how satisfied they are with the way in which they are paid; are the hours correct and is the pay timely. While it may seem more cost effective to try and manage payroll and human resources yourself, it often ends up costing you less to implement an online payroll system and outsource your human resources management:

Have you just started your own business and are about to take on a set of employees, or perhaps you’re the owner of an established business but are struggling to keep on top of your payroll? Whichever applies to you, here is a short guide to choosing an online payroll service that will do everything you need it to:

In basic terms, a payroll system incorporates everything involved with the paying of employees and the filing of employment taxes. The number of hours worked must be tracked, wages must be calculated, taxes and other deductions must be withheld, pay checks printed and delivered to staff, and all appropriate taxes must be paid to the government.

While the process itself may seem easy – you’ve just hired your first employee and you need to pay them – if you’re new to business and payroll, you may find that it’s not clear exactly what you should be doing and how to go about it. There may be many words and phrases that you’re not familiar with, such as ‘pay periods’, ‘unemployment tax’ and ‘Form 941’ to name but a few.

Regulated by the states, workers compensation insurance is quite unlike any other kind of small business insurance. There are in fact, 49 states which require that all businesses with employees, have this insurance, and this has led to coverage prices varying wildly from one state to another. Rules also vary wildly from state to state, making this kind of insurance, a tricky one to get to grips with. Read on to find out more about the intricacies of workers compensation insurance:

Payroll still is, and quite possibly always will be, an integral part of many businesses, especially if they have employees to pay salaries to, and taxes to withhold. However important they remain though, there are always new regulations to abide by, payroll software updates and changing tax codes, meaning that it’s important to stay on top of what’s new in the world of payroll. Mistakes can prove costly and the responsibility placed on payroll professionals, is a big one.

If you’re the owner of a small business, you’ll know that there are many roles to be fulfilled, and you may have been tempted to take all of them on, yourself. That may even prove workable if your company is very small and you have no employees, but the minute you take on a workforce – even if it’s only one or two individuals – you’ll need to ensure that payroll is completed accurately and in a timely manner, and this can be difficult to focus on if you’re running every other aspect of your business, too.

There are many advantages to tracking time attendance with an automated system, and all of them can be of huge benefit to your business; below are the top five ways that your business could reap the rewards of automated time attendance:

Owning a small business means that you have a lot to protect, and choosing the right insurance coverage can be the difference between your business succeeding, or failing. It can often be hard to determine exactly what kind of insurance coverage your business actually needs, and when it comes to workers’ compensation insurance, many small business owners don’t even fully understand what it is, let alone know whether they need it or not.

Insurance is something that can seem a little puzzling, with longwinded policies that are often hard to make sense of, and if you’re a new business owner, it can be particularly tricky to know what types of insurance you should have. One type of policy is known as ‘workers’ compensation’, but what is it exactly, and does your business need it?

The world of software is constantly changing for business owners, and selecting the right combination of payroll integration software to suit your needs, is crucial for the smooth running of your company.

HR is important to any business, no matter what its size, and some roles associated with HR are more important than others. Here are a few of what are generally considered to be the most important ones for the smooth running of any HR department:

Finding a reliable and budget friendly payroll provider can take time and effort, not to mention the work that will be involved in the transition to working with a third party, so is it worth it? We think so, and here are 3 reasons why payroll is best left to the experts:

Payroll can seem like nothing but a financial hindrance to a company’s success, especially if it’s performed manually and is a time-consuming affair. However, viewing payroll as an asset to a company, rather than merely an added cost and exercise that takes up valuable time, can help bring financial insights that may ultimately bring a company more business.

The world of payroll systems can be a bewildering one, but there is no doubt that once you’ve selected a good one, it can be extremely beneficial for your business. They can simplify payroll, offer you flexible administration and even help you save money.

Non-core functions are classed as activities that are not chargeable to your customers, and which do not affect your competitiveness with other businesses. A prime example of a non-core function would be payroll.

Cost cutting and profit making are high on the agenda of most companies the world over, and while much effort is put into seeking ways in which to encourage both these aspects of a business, tracking time and attendance is often overlooked.

Cost cutting and profit making are high on the agenda of most companies the world over, and while much effort is put into seeking ways in which to encourage both these aspects of a business, tracking time and attendance is often overlooked.

If you own a small business and haven’t already set up a payroll system, then you may be looking to do so. Listed below are 9 steps to help you set up the right system for your business needs:

Contrary to what some non-business minds may tell you, when put in place effectively, outsourcing payroll can be a fantastic way of cutting costs and giving a business an even better return on their investment. Read on to know more:

Retaining happy and satisfied employees is important for any employer, as without them, a business can quickly begin to suffer. Maintaining an efficient payroll system is one way in which you can certainly help to keep your workforce content, but this is only possible with the right payroll provider. Here are 6 questions that you should be asking a small business payroll provider before you sign up with them:

If you’re the owner of a small business, you’ll know just how important finances are in measuring your businesses success. Most financial considerations are kept within the company, and often strictly so, but payroll is one part of the business in which every company member has a vested interest. Often the biggest expense for companies, too, it’s vital that payroll be processed accurately and efficiently.

Penalties for late filing of taxes or incorrect payments are a common cause of concern among many businesses, particularly smaller companies who tend to prefer to tackle their payroll duties singlehandedly. This may work well for some business owners who have enough time to devote to payroll, but without specialist knowledge of the many state and federal rules, laws and regulations surrounding it, it can be easy to slip up and make costly errors. Business owners who choose not to outsource payroll, are still legally responsible for any cases of misrepresentation or failures to inaccurately report employment taxes to state and federal government agencies.

It’s true to say that many (if not all) employees place as much importance on their benefit packages, as they do on their salaries, and to ignore this would be detrimental to any business.