by kayla | Jan 13, 2020 | Financial Management, Payroll, Time & Attendance
Retroactive, or retro, pay is money due to an employee for work already performed but paid at a lower rate. Most commonly, it is linked to late performance appraisals, in which the employee received a pay increase that took effect in a prior pay period. Employees who...
by dojodigital | Sep 16, 2019 | Financial Management, General News, Human Resources, Payroll
Question: Our Employees are required to attend sexual harassment prevention training. Do we need to pay for their time at training?Answer from Eric, SPHR, SHRM-SCPIf an employer requires attendance at a training, then it generally must be paid. While state law often...
by dojodigital | Aug 19, 2019 | Business Tips, Financial Management, General News, Payroll
Paperless payroll is a paper-free payroll process that has become hugely popular in recent years. But despite the groundswell of support for paperless payroll solutions, employers should examine the details before making the switch. Six Pros of Paperless Payroll...
by dojodigital | Jul 15, 2019 | Financial Management, General News, Human Resources, Payroll
Question: What is an employee’s regular rate of pay? Is it just what they make per hour of work? Answer from Marisa, SPHR: Not exactly. An employee’s “regular rate of pay” is the amount used to calculate their overtime rate for a given time period. You might...
by chris | Jan 11, 2019 | Financial Management, Taxes
The IRS has announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2019. The contribution limit for employees who participate in 401(k), 403(b), most 457 plans, and the federal government’s...
by chris | Oct 24, 2018 | Business Tips, Financial Management, General News, Human Resources
In 2017, CreditCards.com reported that 65 percent of Americans lose sleep because of financial stress, the highest figure since the Great Depression. Below are the top money worries keeping these people up at night: Health care costs. Saving for retirement....
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