Three years ago, employers were in panic mode as President Obama's new Overtime Rule was about to go into effect. The threshold for overtime was being raised, and millions of salaried employees were about to become overtime-elibible. The impact on many businesses would have been seismic.
Contracting with the government can be a bittersweet experience. You get a stable job that pays well, but there’s a cost. For many companies, that cost is enough to keep them away from government contracts.
As the holidays approach, we all start looking forward to taking time off to spend with friends and family. But for payroll administrators who juggle multiple union payrolls, time off is a luxury they can't always afford.
You may have heard in the news about a small non-profit organization servicing families in need that secured a sizeable increase in their funding because they were doing great work and making an impact. With the increased funding came the expectation that the organization would have the internal structure to support a grant that large. That meant outsourcing their payroll functions so they could focus on the mission.
Whenever you start a new project, your profitability depends on a nearly impossible task: estimating your costs beforehand. No project of any significant length goes entirely according to plan, and there are nearly always unexpected snags that add costs you didn't plan for.
For employers in the manufacturing industry, even the smallest payroll problems can become union nightmares. Unions keep a sharp eye out for payroll violations, and simple miscalculations can mean costly disputes and heavy fines. You've got to scrutinize your payroll outputs to eliminate errors before they get passed on to employees' paychecks.
Overtime regulations and pay policy updates have been in the headlines lately, with a focus on the evolving nature of labor laws and little-known details that could surprise you.
This month we bring you important headlines from around the web that could affect the way your company handles your payroll policies. Check out the articles below.
We just returned from the 2019 Sage Timberline User Group (TUG) conference, where industry experts pulled back the curtain on emerging trends in the construction industry. Insider CPAs, construction company controllers and payroll/HR administrators, industry consultants and Sage partners shared insights that forecast the coming landscape for construction.
If your construction company takes government contract jobs, you’re required to submit certified payroll reports after each payday. The forms are a pain to fill out manually, but IDI’s Contractor Central automates the entire process—you’ll never have to worry about certified payroll again...unless your timesheet data isn’t completely accurate.
