ASAP Payroll BLOG
How do I Integrate 401K with my Payroll Company?
October 23, 2023
According to one recent study, about 1 in 3 workers in the United States have made some type of early withdrawal from their 401K retirement funds – underlining the fact that proper 401K management is about more than just straightforward contributions and deductions. As a business that depends on your employees, offering 401K solutions to ...
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What Is HCM, and How Can I Use It For My Company?
October 16, 2023
What Is Human Capital Management? Human capital management, commonly called HCM, encompasses the processes involved in optimizing an organization’s workforce. From engagement to compensation, it focuses on amplifying an organization’s productivity by fully utilizing its human resources. The primary objective of HCM is to increase the value of employees, which subsequently enhances productivity, loyalty, and ...
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How Much PTO Should I Consider For My Company?
October 9, 2023
According to one recent study, when considering a new job, employees often prioritize workplace benefits over salary increases. This means that offering perks like Paid Time Off (PTO) is crucial for attracting and retaining top talent in your organization. It’s important to keep this statistic in mind when making hiring decisions. Offering the right amount ...
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Benefits of a Single Database HCM System
October 3, 2023
A Human Capital Management system (or HCM for short) is a powerful tool that businesses can use to not only recruit top-tier talent but also manage those employees, help them develop, and optimize their performance moving forward. Essentially, it’s like a silver bullet that human resources professionals leverage to make sure they’re always hiring the ...
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It’s Never Too Early to Plan: Automate Open Enrollment
September 18, 2023
Open enrollment periods are stressful for business owners, managers, HR departments, and employees. It can be a tedious process that eats up a lot of time if it is done manually every year. Many employees who have a negative experience with the open enrollment process say it could prompt them to start looking for a ...
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Pay Your Kentucky Small Business Taxes
September 11, 2023
If you operate a small business in Kentucky, you must pay certain taxes. These can include corporate taxes, sales tax, and payroll taxes. Let’s take a look at the Kentucky small business taxes that you need to pay in order to maintain your tax compliance. Maintaining Small Business Tax Compliance in Kentucky When you own ...
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How Automation of Time Tracking Makes Job Costing Easier
Job costing is a project-based accounting tool that helps you determine the cost and profitability
ASAP Payroll vs Primepay – Comparing Personalized Service to National Reach in Payroll Providers
Hiring employees to process payroll and manage HR functions requires money that many small business
5 Surefire Ways to Reduce Unplanned Overtime and Save Your Labor Budget
Good systems solve business problems, including unplanned overtime. Does your company have an unplanned overtime
How Important is Pay Frequency to Your Business/Employees?
Pay frequency means how often you, the employer, issue a “paycheck” to your employees.
Streamline Your Timekeeping Process—Automate It
Today’s timekeeping software offers you so much more than merely tracking your employees’ time. It