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Tax compliance is a significant aspect of payroll management. Employers must accurately calculate and withhold taxes from employee paychecks, including income tax, social security, and Medicare. Employers must accurately track and manage these benefits to ensure they align with company policies and legal requirements.
Make sure your payroll provider is set up from day one to pay your out-of-state employees according to the rules, or consider outsourcingpayroll to a provider accustomed to working in the new state(s). Know the state-specific employment rules and regulations. Employment paperwork. Signage and notices to employees.
Some worry that their performance will be judged if they write in too much overtime – or, alternatively, clock too few hours; this is particularly exacerbated if you are an employer that asks workers to log how much time they spent on specific tasks related to their jobs.
Off-site HR pro s at a ProfessionalEmployerOrganization (PEO) can help to set up and enforce timekeeping policies that take the burden off you, the business owner while ensuring accurate record keeping.
With small business HR outsourcing, they can have an HR expert on-call and available when needed without paying full-time wages. When contracting with a human resources outsourcing (HRO) company or professionalemployerorganization (PEO), HR technology is also bundled in with the standard service cost.
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