Corporate Payroll Services

2018 Labor Day Bank Holiday Notice

2018 Labor Day Bank Holiday Notice

Corporate Payroll Services and banks will be closed on Monday, September 3, 2018 in observance of the Labor Day holiday. If you are a direct deposit or CPS Checks customer, please submit payroll at least one business day early to ensure proper funding of employee bank...
Safe Harbor 401(k) Deadline Approaching

Safe Harbor 401(k) Deadline Approaching

Looking to reduce your 2018 taxable income by making the maximum 401(k) contribution? Great idea, but time and again, owners and other highly compensated employees will max out their 401(k) deferrals, only to get a “corrective distribution”—in other words, a refund...
Political Discussion in the Workplace

Political Discussion in the Workplace

As we approach mid-term election season, it’s a good time to review how to handle political discussion in the workplace.  It seems that since before the 2016 general election, there’s been almost continuous “drama” and plenty to discuss.  Now, with...
Accommodating Pregnant Employees

Accommodating Pregnant Employees

Let’s imagine a situation.  Wendy, who’s been on the job for only four months, informs her employer that she’s pregnant.  She requests light duty and asks if temporary leave is an option. Instead of accommodating Wendy, the employer terminates her employment,...
How to Write an Effective Job Post

How to Write an Effective Job Post

…and Attract the Best Candidates We’ve reviewed the basic elements of a job description, what it is and why you need one.  When you’re looking to add key members to your team, you may be tempted to use that job description as a job post on your website and job...
How the IRS determines employment status

How the IRS determines employment status

Hint: It’s not cut and dried   Designating the employment status of a worker–whether they’re a 1099 independent contractor or a W-2 employee–is a straightforward exercise, right?  With the Internal Revenue Service (IRS) paying such close attention, you’d think it...
New Jersey’s Paid Sick Leave Law

New Jersey’s Paid Sick Leave Law

New Jersey has become the 10th state to adopt mandatory paid sick leave.  The law goes into effect on October 29, 2018 and provides up to 40 hours of paid sick leave per year to covered employees. The state sick leave law overrides all current municipal ordinances....
Succession Planning in Five Simple Steps

Succession Planning in Five Simple Steps

While succession planning sounds like an overwhelming task, it’s simply a method of considering who your organization’s potential leaders may be in the years to come and placing them on a path to be successful in those roles. Future leaders will most likely come...
The Fundamentals of Performance Management

The Fundamentals of Performance Management

The right process to pick depends in large part on what you want to accomplish with performance management and what you’re willing to invest in it.  Here are some principles to keep in mind when deciding on your policy and performing assessments: Performance reviews...
Independence Day Bank Holiday Notice

Independence Day Bank Holiday Notice

Corporate Payroll Services and banks will be closed on Wednesday, July 4, 2018 in observance of the Independence Day holiday. If you are a direct deposit or CPS Checks customer, please submit payroll at least one business day early to ensure proper funding of employee...
New Minimum Wage Rates Effective July 1, 2018

New Minimum Wage Rates Effective July 1, 2018

Several states and localities, including those in Illinois, Maryland, Washington, DC, California, Maine, Minnesota and Oregon will raise the minimum wage effective Sunday, July 1, 2018.   The updated hourly rates include: Chicago,  IL:  $12.00 Cook County, IL:  $11.00...