Employees

How the Accurate Collection of Employee Time Saves Your Business Money

Human error can cost you a significant sum of cash. Time clock errors are detrimental to businesses small and large. They add up quickly, costing companies profits and causing some to take drastic measures such as slashing hours and even jobs to make up for the loss. If you want to avoid the stressors that come with human time punch errors, it’s time to explore new solutions that better...

How to Support the Employees That You Had to Let Go Due to Business Closures

Use Precise Payroll’s HR Support Center as a tool to reference. If you are one of the many businesses faced with financial uncertainty and made the difficult decision of letting your employees go because of the coronavirus outbreak, know that there is help for you. If you’re looking to be as supportive as possible for your people, you’ll appreciate guidance from a third-party. No one could prepare themselves for...

2019 Minimum Wage Increases by State

Minimum wage is like the sun – it just keeps rising. Many cities, counties and states are yet again increasing the minimum wage. To better prepare you for 2019, below is a list of the states that will increase their minimum wage. Of course, we recommend that you check with your local jurisdiction before making any changes to your books because your city may follow different standards. Twenty one...

3 Ways to Develop Employee Success

You probably already take time to invest in hiring and training new and highly qualified talent, but do you also take time to encourage their continued professional development? Sometimes valuable employees leave if they feel unsatisfied or stuck in their role and replacing them can cost you more time and resources than holding onto the employees you already have. Strive to keep your employees happy and engaged with these...

5 Tips for Effective Management of Remote Employees

According to Global Workplace Analytics, nearly 50% of the workforce works in some sort of telecommuting role and even more employees have stated that they would like working remotely at least part-time. Considering this, offering remote opportunities is a good way to gain more productive workers. Below are a few tips for the effective management of a remote workforce. Set Clear Expectations It is important you set clear expectations...

Should You Hire Temporary Help?

You are working hard to keep your business propelling forward. Hiring, interviewing, and recruiting top talent sometimes gets put off, which is where hiring temporary talent may benefit you. Perhaps an increased workload has come about and you want to test the waters to determine whether you can justify filling a permanent employee position. Or perhaps the job or new client you need additional hands to take on may...

How Long Should You Keep Employee Records?

Don’t throw paperwork out too soon! One of the big things about Human Resources is all of the paperwork. Even if your paperwork is primarily electronic, it still takes up space. Whether your employee records are stored in files in a cabinet or take up space on a hard drive, you probably do not need to hang on to them forever – or do you? Here are the basic...

Overtime Pay: What You May be Missing

Many employers (especially those just starting out) have a hard time seeing through the murky waters of overtime pay and how it should be addressed legally speaking. Many employers get tripped up by confusing work week hours with pay period hours. Overtime for non-exempt hourly employees needs to be calculated on a 7-day time period, regardless of how often your employees are paid. For example, if an employee who...

How Much Health Insurance Should A Small Business Offer?

These three questions will help you determine the right solution for your small business. Today, state and federal mandates exist regarding offering health insurance to employees. But how much health insurance is enough for a small business? After salaries, health insurance is one of the most expensive expenditures a small business has to make. It can be difficult calculating how much is enough and there is not a one-size-fits-all...

How Should You Handle Bonus Pay?

When should you give it and how should you go about it? By Courtney Cosby Once your business is more firmly planted, you may start to wonder how to go about handling giving more money to your employees. One such way is to offer bonus pay. Bonus pay is money given to an employee beyond his or her existing base wage and is considered a type of supplemental wage....