For many businesses, overtime becomes a necessity. While certain strategies can help reduce overtime expenses, there are instances where it’s unavoidable. Calculating standard overtime pay is straightforward, but things get trickier when dealing with employees working multiple roles at varying pay rates. This scenario is known as blended overtime. In
Employees are the backbone of all businesses. They work hard every day to ensure the success and growth of the company. That’s why it is crucial for employers to pay them timely and accurately and having a reliable and efficient payroll system is essential for doing so. Unfortunately, many employers
So, you are thinking of outsourcing your payroll needs. At this point, you are probably deciding between a few different payroll vendors. And as with any business decision, you want to know how much it is going to cost. Continue reading to learn how much payroll cost. Why outsource your
Common payroll mistakes to avoid Making mistakes in your business’ payroll process can cause unwanted problems. From increasing your workload, to costing your business additional money, and even upsetting your employees, mistakes can be crippling for a business. There are a handful of everyday errors that your business can easily
Payroll is more than just paying your employees. There are a number of different areas that make up the payroll process. Things like tracking employee time, withholding payroll taxes, setting up employee contributions and deductions, and so much more go into the entire process. That is why manual payroll is
There are many facets and challenges of running a business. While a potential business owner may be extremely talented in a certain field, being aware of everything that comes with operating a business is essential to long-term success. From hiring and retaining new employees, to knowing and complying with HR
As part of the Paper Trails service, we provide our clients with the access to the isolved HCM system. The isolved payroll and human resource management platform assists Paper Trails and its’ clients in automating human resource tasks to help employers manage employees. This great system is recognized as a leading
Business owners face many challenges when running a business. Two of the more critical tasks of business operations are accurately processing payroll and proper accounting practices. Let’s take a look on how accounting for payroll works. How do I record my payroll in my accounting system (Quickbooks, Xero, Peachtree, etc)?
Paper Trails prides itself on providing world class service to its’ clients. As part of this service, we provide businesses with access to a number of helpful business tools. These resources are free and help businesses manage their payroll and HR needs efficiently and effectively. Below is the full list
Work from home is here to stay. According to research from Ladders, 25% of workers in North America will be fully remote by the end of 2022. And those figures are projected to increase from there. Business owners often struggle with employee payroll taxes and remote workers increase the compliance