by chris | Dec 11, 2018 | General News, Payroll
Maine Minimum Wage Maine’s minimum wage is increasing, effective January 1, 2019. Maine statute regarding salary workers is based on the state minimum wage and therefore will also see an increase. 2019 State Minimum Wage: $11.00* 2019 Minimum Direct Service...
by chris | Nov 29, 2018 | Business Tips, General News, Payroll, Taxes
Are an HSA and FSA right for you? Explained by the IRS, a health savings account is a tax-exempt trust or custodial account used to “pay or reimburse certain medical expenses you incur; you must be an eligible individual to qualify for an HSA.” Companies...
by chris | Nov 20, 2018 | Affordable Care Act, Human Resources, Payroll
A headcount is the total number of people employed by an organization, including full-time and part-time employees. A headcount report, created via a human resource information system (HRIS), lets you sort and categorize employees based on different variables — e.g.,...
by chris | Nov 20, 2018 | Business Tips, General News, Payroll
In 2016, the National Automated Clearing House Association (NACHA) reported that 82 percent of U.S. employees are paid by direct deposit, jumping from 74 percent in 2011. Clearly, this trend is on the rise. But you may be surprised to learn that, according to the...
by chris | Oct 24, 2018 | Business Tips, Human Resources, Payroll, Taxes
An employee put in years of service with your company, or is an exemplary worker, but circumstances now lead to his or her departure. You have agreed to pay the employee severance, but you want him or her to receive the full amount, with no taxes taken out. To...
by chris | Oct 24, 2018 | Business Tips, Payroll, Taxes
Basically, supplemental wages include a variety of items paid in addition to regular wages. Whereas regular wages constitute straight-time hourly pay or fixed salary, supplemental wages include: Bonuses. Back pay. Commissions. Overtime pay. Lump-sum vacation payments....
Recent Comments