Posts by Mike Shaeffer

Choosing a Payroll Provider Based on Price Alone? Here are Three Reasons to Think Again

Depending on how you are processing your payroll, chances are it’s not the easiest part of your job. Managing time sheets, calculating overtime and holidays, and keeping up with confusing local, state, and federal labor laws is time-consuming and stressful. Not to mention your other human resource responsibilities like recruiting, hiring, onboarding, benefits administration and…

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How to Keep Your Payroll From Consuming All of Your Profit

Over the past few weeks we’ve looked at all the things related to paying your employees, including direct deposit, payroll frequency, and setting salaries. Now we’re going to look at the big picture concerning payroll and consider how to prevent labor costs from eating up all of your profit. Managing labor costs can generate a…

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Show Me the Money: How to Set Salary Ranges for Your Business

When it comes to setting employee salaries, business owners, chief financial officers (CFOs), and HR managers can feel overwhelmed with finding the magic number. Like Goldilocks, you’re looking for something “just right.” Overpay and you might struggle to make payroll. Underpay and you’re unable to hire and retain quality employees—especially in a job seekers’ market.…

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What Employers Need to Know About Payroll Frequency

If you’re a business owner or manage payroll for your organization, one of the first decisions you will make prior to setting up your payroll system is how often to pay employees. People love to get paid so the fact that you are paying them is, well, awesome! One thing that employees seem to agree…

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Everything You Need to Know about Direct Deposit

In our electronic age, the days of paper paychecks are slowing down. Payday with a paper paycheck is awesome but it also means that you have to guard that check like a winning lottery ticket until you deposit it in the bank. And if you want to access that money quickly you need to head…

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End the Payroll and HR Clutter: 10 Reasons to Go Paperless

Unless you’ve been living under a rock you’ve probably heard about Marie Kondo, an organizing guru who’s developed a method of simplifying your life called the KonMari method. She wrote a book called, “The Life-Changing Magic of Tidying Up,” that inspired a Netflix show in which she visits American homes and helps families cut the…

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