ASAP Payroll BLOG

nonprofit payroll calculation

Everything Nonprofit Organizations Need to Know About Payroll

Nonprofits parallel corporations in that they have paid employees and regularly scheduled paydays. It’s important for them to file withholding payroll taxes accurately; if they don’t, they can face unique obstacles, such as needing to stay within a tightly limited budget, using grant money for certain payroll expenses, and determining reasonable executive compensation. Typically, nonprofits ...
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integrate payroll time labor sheet

Why Integrate Your Payroll with Time and Labor?

  Time and labor (also referred to as time and attendance) tracks your employees’ work start and end times, early departures, late arrivals, breaks taken, and absenteeism. If you’re not familiar with payroll processing, it comes across like a simple mathematical equation, where you multiply the number of hours worked by the hourly rate and ...
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paid time off pto policy

Guide to Paid Time Off (PTO)

Paid Time Off (PTO) is usually a policy that companies institute to allow their employees to be paid for time that’s taken for vacations, illnesses, holidays, personal days, and other times when the employee may not be present at work. Sometimes these days are accrued throughout the year or the employer can set aside an ...
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pay frequency for business employees money

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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