ASAP Payroll BLOG
ZayZoon – What is an Early Wage Access Benefit?
When an employee faces unexpected expenses and financial strain, it affects their personal and professional lives, wreaking havoc on the employee, their family, and in many cases, even their employer. This concern has become more prevalent since the pandemic; today, 50% of hourly employees report that they have no money put away for emergencies, and ...
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Illinois Standard Minimum Wage and Tipped Wage Rates
How up-to-date are you on the minimum wage laws in Illinois? As an employer in the state, you are responsible for staying compliant with the minimum wage and tipped wage rate laws. For example, if you’re still using Illinois 2021 minimum wage rates of $11 per hour, you’d be underpaying your employees by $2 an ...
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Understanding Illinois Taxes for New Employees
If you’re hiring new employees, you want to make sure you’re handling their Illinois taxes correctly. That includes understanding tax requirements and complying with those requirements every time, for every employee. HR professionals and employers must make sure they’re creating a payroll system that’s fair and compliant, so everything operates the way it should. Here’s ...
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An Overview of Employee’s Illinois Withholding Allowance Certificate: IL-W-4
Are you making sure your employees are filling out their IL-W4s and keeping them updated? The IL-W4 is Illinois’ state withholding form, and it ensures that the correct amount of Illinois state income tax is withheld from the employee’s pay. Let’s take a look at what’s on the IL-W-4 form and how to fill it ...
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Illinois Overtime Laws for Salaried Employees
The Illinois Minimum Wage and overtime pay law parallel the Federal Labor Standards Act (FLSA), including the requirement that overtime pay is 1.5 times the employee’s regular hourly pay rate. Although many salaried workers are entitled to overtime pay, some workers are exempt from this requirement under both FLSA and Illinois law. Illinois employers and ...
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Protecting Sensitive Data During Employee Departures
Small and medium businesses in Indiana have an advantage: Our people are some of the friendliest and most helpful you’ll find. However, this shouldn’t sway you from protecting your data whenever an employee leaves or is terminated. The majority of data breaches within organizations are due to people who have left the company, taken company ...
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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
Payroll Training and Resources That Your Company Should Have
Your HR and payroll teams play a huge role in keeping your business running smoothly—and
Trends in Payroll Technology for Overtime Management:
As an employer, you know the importance of fair compensation for your employees to build
HR Data: Spurring Better Decision Making
There are entire companies built around the premise of collecting data on their customers. The
Payroll vs. PEO – Making the Right Choice for Your Business
Any smart business owner is keen on increasing accuracy, reducing administrative burden, and freeing up