Compensation Archives - Patriot Software Tue, 18 Oct 2022 19:38:32 +0000 en-US hourly 1 https://wordpress.org/?v=6.0.2 https://www.patriotsoftware.com/wp-content/uploads/2020/01/cropped-site-favicon-32x32.png Compensation Archives - Patriot Software 32 32 How to Pay Yourself from Your Business https://www.patriotsoftware.com/blog/payroll/how-to-pay-yourself-small-business-owner/ Mon, 17 Oct 2022 19:13:37 +0000 https://pslohio.wpengine.com/uncategorized/how-to-pay-yourself-small-business-owner/ alt=""You know by now that running your own business doesn’t mean you sit around as stacks of cash come flooding into your office. Being a business owner means being busy nonstop to keep up with operations. Since running a business is your full-time job, you need to know how to pay yourself from your business. […]]]> What Is a Draw Against Commission? https://www.patriotsoftware.com/blog/payroll/the-basics-of-the-draw-against-commission-system/ Mon, 17 Oct 2022 17:12:08 +0000 https://pslohio.wpengine.com/uncategorized/the-basics-of-the-draw-against-commission-system/ alt=""If you have sales staff, you might pay them commissions. Paying employees with sales commissions can incentivize employees to make more sales. While commissions can get employees to sell more, employees aren’t guaranteed steady pay. To give your sales staff more financial stability, you can use a draw against commission system. What is a draw […]]]> Is There Such a Thing as Self-employed Unemployment? https://www.patriotsoftware.com/blog/payroll/self-employed-unemployment-insurance-can-business-owners-file/ Fri, 14 Oct 2022 17:36:15 +0000 https://pslohio.wpengine.com/uncategorized/self-employed-unemployment-insurance-can-business-owners-file/ alt=""No small business owner wants to think about their company going under. But, planning ahead can help you prepare for the worst possible scenario—unemployment. Millions of people claim unemployment benefits each year in the United States. You might wonder if you can receive these benefits as a business owner. You must understand the rules on […]]]> A Look at Deferred Compensation Plans https://www.patriotsoftware.com/blog/payroll/a-look-at-deferred-compensation-plans/ Thu, 13 Oct 2022 18:26:21 +0000 https://pslohio.wpengine.com/uncategorized/a-look-at-deferred-compensation-plans/ alt=""For many employees, generous benefits are more important than pay raises. There are many benefits options you can offer to attract and retain employees, including deferred compensation plans. Learn what a deferred comp plan is, which types you might offer, how they benefit both employees and you, how deferred compensation tax works, and how to […]]]>