How to Calculate Severance Pay

by | Aug 18, 2017 | Business Tips, General News, Payroll

Although there is no legal requirement to offer severance, many companies provide it to employees after their employment is terminated. In general, severance pay is based on length of employment. You may decide to offer a week’s pay for every year of service, or a flat amount based on six weeks’ pay. When provided, it’s given either as a lump sum or paid over a number of weeks.

The Ins and Outs of Checking References

by | Aug 7, 2017 | Business Tips, General News, Payroll

  Over the past decade or so, references have fallen out of favor. This is unfortunate, because they are the best indicator of potential success a company can receive about prospective candidates. References are not just a formality — they are necessary to ensure...

New Form I-9 Use Mandatory by Sept. 18, 2017

by | Aug 1, 2017 | Business Tips, General News, Payroll

New revisions to Employment Eligibility Verification need to be used for new hire verifications by Monday, September 18, 2017. Form I-9 will help you verify your employees’ identities and employment authorizations while clarifying timelines for certain I-9 processes:...

What Insurance Do Small Businesses Need?

by | Jul 17, 2017 | Business Tips, General News, Payroll

There’s a wide variety of insurance a business needs. Not every business may need every kind, but it pays to deeply consider what your company needs, before disaster strikes. Look at the list below and see what may apply to you. General liability  — Even for...

The Basics of Restaurant Payroll

by | Jul 10, 2017 | Business Tips, General News, Payroll, Taxes

Unlike other forms of traditional employment, such as salaried or hourly workers, restaurant payroll has specific requirements that make it much more challenging than the average business. When you’re paying your staff, you need to take into consideration the...