Is This Your Situation: You Want to Reduce Overtime
LCAF Payroll Services
by LCAF
4y ago
Reduce overtime As you prepare your payroll each period, do you wince when you see all the time-and-a-half money you are paying out because of overtime? It could be that it’s a temporary busy time, but maybe you need to be more proactive in overtime management. Avoiding unauthorized overtime Are you taking steps to keep employees from putting in extra hours that you haven’t approved? If you did not give an employee permission to work overtime but he or she does so anyway, under the Fair Labor Standards Act, you still must pay the employee overtime wages. Make sure you do the following: C ..read more
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Is This Your Situation: Feeling Overwhelmed with Payroll Regulations
LCAF Payroll Services
by LCAF
4y ago
Your company is growing, and that’s great! You now have an office full of employees—and the headaches that come along with that: figuring out each person’s tax liability based on their W-4 forms, calculating overtime for nonexempt staff and more. Did you know you can outsource this whole task to a third-party provider? Here are some of the advantages: It frees up your time to do other things, like product development, sales and marketing. You don’t have to become an expert. Managing payroll requires specialized knowledge and there are a lot of pitfalls that can lead to regulatory nightmares ..read more
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