ASAP Payroll BLOG
How do I Integrate 401K with my Payroll Company?
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?
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?
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
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
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
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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5 Benefits of an Applicant Tracking System
Manually managing candidates for your open positions is so 2010. When you manage candidates without
Streamline Employee Benefits with an HCM Platform
A traditional human resources department is often in charge of many different tasks, which can
Simplifying Benefits Administration: Managed Benefits Services for Small Businesses
The benefit packages that your small business offers are one way to maintain a competitive
How Are Pay Periods Determined?
One of the first tasks of the payroll department in a new company is determining
How to Keep Your Applicant and Employee Data Secure
As an employer, you need to collect information from your applicants and employees. The information
