ASAP Payroll BLOG
Trends in Payroll Technology for Overtime Management:
As an employer, you know the importance of fair compensation for your employees to build morale and let employees know the value they offer your company. If your employees end up working more than the standard 40 hours per week, however, they are often eligible for overtime payment, which means payment at time-and-a-half per each ...
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Impact of Remote Work on Overtime Calculations
Since the pandemic, remote and hybrid jobs have become increasingly common. Employees like the ability to eliminate their commute and work from the comfort of their homes. However, the lack of face-to-face time in offices has led to some shifts in how businesses operate, including the ability to track employee hours and overtime eligibility. Businesses ...
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ASAP Payroll Enhances HR Management with Employee Navigator Integration
We’re excited to share some great news—ASAP Payroll has just integrated with Employee Navigator, one of the top platforms for benefits administration and HR management. This new integration means businesses can now handle payroll, HR, and benefits administration in one streamlined, efficient system. Benefits Brokers Gain a Competitive Edge This partnership between ASAP ...
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What the New Federal Overtime Rule Means for Indiana Employers
To manage your payroll and accounting books effectively, you need to have a good understanding of all the nuances of local and federal laws and how these regulations impact your employees’ pay rates. Businesses not only have to abide by all the federal regulations, but local state restrictions and laws as well. The Department of ...
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Effective Strategies for Managing Overtime Costs in Small Businesses
The Department of Labor defines overtime as exceeding 40 hours per week, with employees subject to overtime regulations earning 1.5 times their normal wage. The threshold for employees subject to overtime rates as of July 1, 2024, is $43,888 per year ($844 per week) and will be $58,656 per year ($1,128 per week) on January ...
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Maximizing Employee Satisfaction with Flexible Spending and Health Savings Accounts
Companies have to get more creative and aggressive in today’s job market to attract and retain talent. Flexible spending accounts (FSAs) and health savings accounts (HSAs) are two ways to stay competitive when it comes to this challenge. The great news is that these types of benefits offer tax advantages to both employers and employees, ...
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Key Standards for Effective Remote Work Policies
Companies have been using remote work options for years, but it surged in popularity during
The True Costs Of Hiring Your First Employee
A company that is hiring new employees is a company that is growing, but that
FFCRA 2021 Rules: Will Emergency Paid Sick Leave Under FFCRA Be Extended?
The Covid-19 pandemic brought numerous changes in all aspects of life. The Human Resource department
How To Set Up Your INTIME Tax Account for Indiana Businesses
If you’re a business owner in Indiana, you should be well-versed in your state’s required
A Hassle-free Payroll Process
Every employee looks forward to receiving an accurate paycheck, whether weekly, bi-weekly, or monthly.
