Last week my colleague, Steve Feinberg, President and CPA of AppleTree Business Services, wrote a thought-invoking blog post calling for payroll service bureaus to “Integrate Everything”. I have a similar mantra that I actively put in to play every day at Payrolls Plus: “Automate Everything”. Statistics show that this year, US companies will spend $8.2 billion on automation of their … Continued
Nine months following the close of World War II, “the cry of the baby was heard across the land,” as historian Landon Jones would describe the Baby Boomers trend. Some 3.4 million babies were born in 1946 – more than any year before in the US. This rate continued over the next two decades, until Boomers numbered some 76.4 million, … Continued
It’s a disconcerting statistic: Three in four US companies are underinsured and some 40 percent of small businesses have no insurance at all. So, when faced with an unexpected disaster or lawsuit, many are left unprotected with their assets, employees and futures hanging in the balance. Chances are, your payroll service bureau is among those uninsured or underinsured businesses – … Continued
Imagine this: You’re considering two candidates for the same position. Both are similarly qualified and outstanding choices who would be true assets to your company. But one comes with a bonus – a tax credit of up to $9,600. How so, you ask? Did you know that federal and state tax credits are offered for hiring new employees in targeted … Continued
More American workers are leaving vacation time on the table – and it doesn’t bode well for business, experts say. According to research by Project: Time off, more than half of employees nationwide – 55 percent – left a total of 658 million vacation days unused in 2015. It’s the largest number of under-vacationed Americans that the organization has ever … Continued
‘Tis the season – the busy season, that is. December undoubtedly is the most harried time of year for payroll service bureaus and their clients. But it need not be a stressful time if you take a deliberate, disciplined approach to year-end processes. Four top tips for ensuring that your payroll firm and your clientele experience a smooth close out … Continued
Why Employee Punch Rounding is Too Costly for Employers As an employer with hourly employees, is your organization still rounding employee punches to the nearest 15-minute mark on timesheets? Do you allow employees to manually enter their time on a time card or spreadsheet, resulting in estimations and approximations? If so, you’re likely paying much more for employee wages, overtime … Continued
To that end, we offer these five top keys to payroll client retention: Know what your customer wants – and expect it to change: What your client needs today may vastly differ from what it will need a year or even a few months from now. Not only is it critical to take full accounting of a new client’s needs, … Continued