What does a good payroll manager look like? Someone who is strong in both numbers and people skills. Being adept at both is not always easy, and companies often look for someone who is good with data. But a good payroll manager needs to communicate and collaborate with many different people and layers of the […]
Tag: payroll management
Payroll Mistakes Cost You—Here’s How to Avoid Them
The endgame is accurate and timely employee paychecks. How do you get there? Have a payroll plan that outlines what the procedures are to get to your goal. The plan should describe how employees document and submit time. Use a reliable timekeeping system. A computer-based system is probably the most efficient, but if you still […]
Freelancer vs Employee: What’s Best for Your Bottom Line?
Let’s say you decide to onboard a freelancer, also known as an independent contractor. What should your next tax- and finance-related moves be? Let’s find out! What to expect when you onboard a freelancer or an independent contractor When paying freelancers, you are not required to withhold any of the following from those payments: The […]
Payroll on Autopilot: Your Time & Money Saver
Managing payroll is often regarded as an overwhelming and daunting task. From tracking the unique tax codes for each of your employees and the seemingly countless deduction options to determining whether each employee is an hourly or salaried worker, there are many details to be mindful of, all while avoiding making payroll-related errors. How automating […]
Payroll and Budgeting for Seasonal Construction Jobs
Although the construction industry can be quite profitable, it does have a major drawback: in areas where the winter season prevents construction projects from getting started, teams of workers and even entire construction firms have to be extremely careful when it comes to managing their budgets and making sure they don’t come out short in […]