Ever feel like getting customers to pay is like pulling teeth? If you’re in business and invoice customers, the answer is likely a resounding yes. Many customers wait until the due date to pay (who hasn’t?). Other customers still don’t pay even after the deadline has passed. And if your business needs cash, you may […]Read More Speed up Customer Payments With an Early Payment Discount
Deciding on a pay frequency for your small business is an important decision. Your pay frequency determines how often you process payroll and when employees receive their paychecks. Two popular, yet easily confused, pay periods are biweekly and semimonthly.Read More Biweekly vs. Semimonthly Payroll
Most employees expect certain workplace benefits, such as health insurance or retirement plans. But coming up with unique and appealing perks, like commuter benefits, can further your chances of attracting and retaining top talent.Read More Transport Your Employees to Better Tax Savings With Commuter Benefits
State-mandated retirement plans are here to nudge (erhm, push) employers into helping employees save for their future. But, all the different rules and regulations can cause you to trip on your way to offering retirement plans.Read More Don’t Get Tripped up Over State-mandated Retirement Plans
Canton, OH Patriot Software, an accounting and payroll software provider for American businesses and accountants, stands out in SoftwareReviews’ 2022 Emotional FootPrint awards after ranking first in key categories like “Business Value Created,” “Vendor Support,” and more.Read More Patriot Tops the List for Business Value, Support, & More in SoftwareReviews’ 2022 Report
Hiring new employees is a beautiful thing. Employees can simplify operations and bring in more money for your business. But before employees can be all-stars at your business, you must train them. What is the cost of training employees?Read More What Is the Cost of Training Employees?
Running payroll can be confusing. Although it’s natural to have payroll questions when starting out, you can’t afford to get tripped up when it comes to gross vs. net pay. Knowing the difference between gross and net pay impacts employee wages, payroll withholdings, recordkeeping, and even employer laws.Read More Gross vs. Net Pay: What’s the Difference?
New employees must complete Form W-4 before they start working at your business. With Form W-4, employees input information that determines their federal income tax withholding, which allows you to run payroll. To adjust their withholding, employees must change W-4 forms.Read More Can Your Employees Change W-4 Forms?
Paid time off (PTO), including vacation days, sick days, and holidays, is a popular employee benefit. According to the Bureau of Labor Statistics, 77% of employees receive paid vacation days, 77% receive paid sick leave, and 79% receive paid holidays. But when employees don’t use up their PTO, they’re left with accrued time off.Read More How to Handle Accrued Time Off in Your Business
From time to time, employees miss work. Expecting employees to come in every day throughout the year is likely unrealistic. But when employees make a habit of missing work unexpectedly, their absences can set your business back. Learn how to calculate your business’s absenteeism rate to reduce absenteeism in the workplace.Read More Learn How to Calculate Your Absenteeism Rate—and Use It—Today