ASAP Payroll BLOG

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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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 trump

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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