ASAP Payroll BLOG

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ERC Overview: Understanding the Employee Retention Credit

On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (CARES), was passed to enable businesses to access the Employee Retention Credit (ERC) as a cushion against losing employees. This came as a protective measure in the wake of the Covid-19 crisis, where businesses and organizations were facing a downshift in their operations following closure ...
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Indiana Labor Law: The New Youth Employment System (YES)

The Indiana Department of Labor is committed to supporting both employers and employees in Hoosier workplaces to promote health and safety standards. The department dedicates its many resources to guide employers and employees on rules and regulations to ensure adherence to every Indiana labor law. On May 4, 2021, the department announced its new Youth ...
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A Quick Checklist for Employee Onboarding in Indiana

All employers hiring in Indiana, and hoping to stay on the right side of the law, must know and follow the state’s employment requirements. Employers must give all the required federal and state forms and information to their potential and new hires. Before employee onboarding, make sure they have completed these forms as required. As ...
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Top 3 Best Practices for Screening New Hires with Background Checks

Background checks are an important part of the recruitment process. Not only do they help employers hire the right people, but also reduce legal risks and resource wastage associated with wrong hires. Types of Background Checks Looks and first impressions can be quite deceiving, and background checks help hiring managers uncover any lies perpetrated by job ...
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The True Costs Of Hiring Your First Employee

A company that is hiring new employees is a company that is growing, but that does not mean that all of this growth is without cost. The true cost of bringing on a new employee is a lot higher than what most people think. Advertising An Opening The true cost of hiring a new employee ...
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How to Classify a New Employee: Exempt vs Nonexempt

The understanding of wage classification assists HR managers and business owners to compensate workers in strict fidelity to the law. It’s the foundation that minimizes litigations, disputes, and compliance issues. Fair Labor Standards Act (FLSA) is the basis that draws a line on whether an employee is exempt or nonexempt. Nonexempt employees can claim overtime, whereas exempt ...
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