ASAP Payroll BLOG
How Important is Pay Frequency to Your Business/Employees?
Pay frequency means how often you, the employer, issue a “paycheck” to your employees. And, who doesn’t love payday? Whether you pay weekly, biweekly (every 2 weeks), bimonthly (twice a month), or monthly, “Christmas” comes with every payday. Generally, payday occurs on a Friday, 4-5 days after the period has been closed out. However, ...
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Keeping Up with the Growing Needs of HR
If you’re an HR professional, you know the volume of paperwork that comes with the job. HR is required to keep vast numbers of records on each employee; this can fill multiple file cabinets. Plus, keeping this data secure is another issue. Then there’s the “democratization” of HR data, which means the demand for ...
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Is Your Onboarding Process the Retention Weak Link?
It’s a long, arduous process landing the right talented people to fill positions within your company. Onboarding done properly can boost job performance, while improving job satisfaction and retention. You should plan for/expect the onboarding process to take approximately a year, because it’s a critical component to developing and retaining the quality workforce you’ve worked ...
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Why Benefits Enrollment?
The open enrollment window for 2020 marketplace coverage starts November 1, 2020 and runs for 45 days through December 15. Open enrollment is when your employees can start, stop, or change marketplace and individual health insurance plans. If they miss this enrollment window, they’ll have to wait until late 2021 to make adjustments. However, in ...
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Payroll Tax Deferral
With COVID-19 continuing to wreak havoc on businesses of all sizes and individuals nationwide, the U.S. government is searching for ways to provide additional relief to employers. In an effort to help alleviate the negative effects of the coronavirus, President Trump issued multiple executive orders on August 8, 2020. One, in particular, relates to ...
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Ramifications of Buddy Punching and How to Avoid It
Nearly three-quarters of U.S. small businesses are affected annually by “time theft” or buddy punching. It occurs when a coworker punches your timecard in your absence. That employee accepts pay for time they didn’t actually work, such as staying clocked in during breaks, not clocking out to run errands, or checking social media during work ...
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Human Capital Management: Everything You Need To Know and A Little Bit More
You’ve probably heard time and time again that your human teams are the greatest asset a business
Tracking the Health of Your Business Through a General Ledger
The General Ledger—How it Works A general ledger account is an account or record
Tips for Payroll Processing and Benefits Processing for Union Employees
If you’re a business owner whose employees belong to unions, it’s important to be familiar
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
Indiana Overtime Laws for Salaried Employees: Everything You Need to Know
The Indiana Overtime law also referred to as the Indiana Minimum Wage Law, echoes the
