As businesses navigate the complexities of employee benefits, retirement savings have taken center stage in ensuring financial security for workers. In recent years, New Jersey has become a frontrunner in this arena, expanding access to retirement savings for employees across the state. If you’re an employee in New Jersey, it’s crucial to understand these changes,…
Retirement planning has always been a crucial aspect of financial wellness, and recent legislative updates are making it even more accessible and beneficial for both employees and employers. The Setting Every Community Up for Retirement (SECURE) Act, first passed in 2019, brought significant changes to the retirement landscape. Now, with the introduction of Secure Act…
As we move into 2024, the world of payroll is evolving rapidly, driven by technological advancements, changing workforce dynamics, and new regulatory requirements. For businesses, staying ahead of these trends is crucial to ensure compliance, enhance employee satisfaction, and streamline payroll processes. In this blog post, we’ll explore the top payroll trends for 2024 that…
In today’s fast-paced business environment, staying on top of your company’s performance is crucial. One of the most effective ways to measure how well your business is doing is through Key Performance Indicators (KPIs). These quantifiable metrics allow you to track progress, identify areas for improvement, and ultimately, make informed decisions that drive success. But…
The shift to remote work has become a significant part of our lives, and for many, working from home is the new normal. While it offers flexibility and the comfort of being in your own space, it also presents unique challenges, from staying productive to maintaining a healthy work-life balance. For payroll professionals and other…
An employee handbook is much more than just a compilation of rules and regulations. It’s a vital document that serves as a guidebook for both employees and employers outlining the company’s culture, expectations, policies, and procedures. Whether your business is a small startup or a large corporation, having an up-to-date, well-crafted employee handbook is essential.…
Choosing the right payroll schedule is crucial for maintaining an efficient and compliant payroll system. The frequency with which employees are paid can impact everything from cash flow management to employee satisfaction. With several types of payroll schedules available, understanding the differences can help you make an informed decision that aligns with your business needs…
The rise of remote work has transformed the modern workplace, offering employees flexibility and businesses access to a wider talent pool. However, with these benefits comes the complex challenge of managing the taxation of remote employee wages. As an employer, understanding the intricacies of state and local tax regulations is crucial to staying compliant and…
As technology advances, the way we handle payroll is evolving. One of the newer options available to employers is the pay card – a prepaid debit card onto which employees’ wages are loaded. While pay cards offer several beenfits, they also come with potential drawbacks. Understanding the pros and cons of pay cards can help…
In today’s fast-paced business environment, efficiency and accuracy in payroll and HR management are more important than ever. As businesses grow and employee needs evolve, managing payroll and HR processes manually or with outdated systems can become a significant burden. Enter Software as a Service (SaaS), a modern solution that streamlines these essential functions. One…