Remove Deductions Remove Payroll System Remove Professional Employer Organization
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A Guide to Payroll Management: Ensuring Smooth Financial Operations

Qandle

First and foremost, it requires a thorough understanding of applicable laws and regulations related to wages, taxes, and deductions. A well-structured payroll system also includes accurate record-keeping. Payroll is a vital function for businesses of all sizes, ensuring that employees are compensated accurately and on time.

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Employment laws to watch in 2018

Insperity

Paid family leave is funded through an additional payroll tax deduction and offers 50 percent of employees’ base wages up to a certain amount in 2018, with gradual increases to 67 percent of average weekly earnings by 2021. The state provides a weekly deduction calculator so companies can estimate payroll deductions.

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What Are Payroll Liabilities?

Abel HR

Other withholdings: Beyond taxes, chances are you also take a variety of deductions from your employee’s paychecks to cover contributions to health insurance, retirement or 401K plans, and even court-ordered wage garnishments.

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Steps In Benefits Administration For New Hires: 6 Best Practices

Genesis HR Solutions

For employers, it’s easier to administer, because training and onboarding material can be put together once and then used over and over again. Systematically, electronic benefits systems pull all data into HRIS and payroll systems, minimizing data entry and making recordkeeping and document storage easier.