You also need to subtract deductions from payroll. Deductions include taxes, pre-tax deductions, and post-tax deductions from payroll.
Read More What Are Post-tax Deductions From Payroll?Mike Kappel
What Are Payroll Deductions?
You know there are deductions to take out of your employees’ paychecks. But, are they pre-tax vs. post-tax deductions? What do you withhold from an employee’s take-home pay? What are payroll deductions? Read on to learn the different deductions you have to take out of each employee’s paycheck.
Read More What Are Payroll Deductions?What You Must Know About Demoting an Employee
Demoting an employee is not easy, but sometimes it has to be done. An employee might not be doing well in their current position, and there is no other option left except to reduce their responsibilities. Even if an employee voluntarily asks for a demotion, there are still challenges for you as an employer.
Read More What You Must Know About Demoting an EmployeeHow to Give a Salary Advance to an Employee in Need
Have you ever had an employee ask you for a salary advance? Maybe they’ve hit a financial rough patch. Something unexpected, such as a medical emergency, might require more money than the employee has saved up.
Read More How to Give a Salary Advance to an Employee in NeedWhen Do You Need to Provide On-call Pay?
Some businesses need on-call employees. But if you require employees to be available when they’re not working, should you pay them? Whether or not you must provide on-call pay depends on a few factors.
Read More When Do You Need to Provide On-call Pay?What Is Year-to-date Payroll, and Why Does it Matter?
If you’re a small business owner with employees, a significant portion of your business’s expenses goes toward paying wages. That’s why you should pay attention to your year-to-date (YTD) payroll expenses. What is year-to-date payroll?
Read More What Is Year-to-date Payroll, and Why Does it Matter?What Is a Tax Gross up for Payroll?
There might be a time you want to pay an employee a specific amount. But once you factor in taxes, that amount gets smaller. So how can you give an employee a certain net pay? Tax gross up.
Read More What Is a Tax Gross up for Payroll?What Is Per Diem?
When employees incur travel-related business expenses, you might consider covering their costs. You can reimburse employees for expenses by giving them per diem pay. What is per diem pay?
Read More What Is Per Diem?What Is an HSA?
Most businesses offer employee benefits in addition to regular wages. Common employee benefits can range from different insurance options to types of retirement plans. Some employees have the option of opening an HSA. What is an HSA?
Read More What Is an HSA?What Is Commission?
Typically, employers provide hourly or salary wages to workers. However, some business owners pay commission to employees. What is commission?
Read More What Is Commission?