Dec 9, 2019 | HR Regulations, Human Resources, Industry News
The ABC test is a guide for employers to use to determine if a worker is considered an independent contractor or an employee in the eyes of the government. Employers with workers not classified properly as an employee or independent contractor can face penalties of...
Tips for Employers Serving Alcohol at Company Events
Dec 5, 2019 | HR Regulations, Human Resources, Industry News
Serving alcohol at company parties can be a liability, however, steps can be taken to protect your organization and employees. Employers may be liable for employee misconduct and negligence when the employee is acting “in the course and scope of employment,” so make...
Thanksgiving Day Bank Holiday Notice
Nov 20, 2019 | Holiday Notices, Industry News
Plan Ahead for Thanksgiving Day Bank Holiday Payroll Banks and Corporate Payroll Services will be closed on Thursday, November 28, 2019, in observance of Thanksgiving. Corporate Payroll Services will also be closed on Friday, November 29, 2019. Banks will...
The New 2020 Form W-4: What You Need To Know
Nov 18, 2019 | Industry News
The 2020 Form W-4, Employee’s Withholding Certificate, is very different from previous versions. This is due to the federal tax law changes that took place in 2018. The Internal Revenue Service (IRS) is not requiring all employees to complete the revised form, but...
Veteran’s Day Bank Holiday Notice
Nov 6, 2019 | Holiday Notices
“As we express our gratitude, we must never forget that the highest appreciation is not to utter words, but to live by them.” – John Fitzgerald Kennedy Plan Ahead for Veteran’s Day Bank Holiday Payroll Banks will be closed on Monday,...
Taxpayers, Don’t Be Frightened into Giving up Your SSN
Nov 4, 2019 | Industry News
Taxpayers should be on the lookout for new variations of tax-related scams. In the latest twist on a scam related to Social Security numbers, scammers claim to be able to suspend or cancel your SSN. It’s yet another attempt by con artists to frighten you into...
Best Practices for Conducting Terminations
Nov 4, 2019 | Human Resources
While all terminations carry some inherent risk, there are some best practices that can reduce risk significantly: Documentation Good, ongoing documentation is your best defense to any challenge, whether from the employee in the termination meeting, the state...
Are You Required to Pay Employees for Inclement Weather Closures?
Oct 8, 2019 | Human Resources
The answer depends on whether the employees are exempt or non-exempt under the Fair Labor Standards Act. Exempt employees must still be paid when you close due to inclement weather. Non-exempt employees, however, only need to be paid for actual hours worked, plus...
U.S. Department of Labor Issues Final Overtime Rule
Sep 27, 2019 | Human Resources
On September 24, 2019, the U.S. Department of Labor issued updates to the earnings thresholds necessary to exempt salaried employees from minimum wage and overtime pay requirements. This update also allows employers to count a portion of certain bonuses/commissions...
Five Reasons to Rehire Former Employees
Aug 29, 2019 | Human Resources
It’s not uncommon for organizations to have a policy against rehiring former employees. This sort of policy makes perfect sense with respect to troublemakers, poor performers, or others who left under a dark cloud. It’s also understandable given that companies...
Labor Day Bank Holiday Notice
Aug 27, 2019 | Holiday Notices, Human Resources
Plan Ahead for Labor Day Bank Holiday Payroll Banks will be closed on Monday, September 2, 2019, in observance of Labor Day. If you are a direct deposit customer or CPS Checks customer, please submit payroll at least one business day early to ensure proper...
IRS Releases Inflation-Adjusted Limits for HSAs and HDHPs for 2020
Aug 8, 2019 | Industry News, Regulatory Updates
On May 28, 2019, the IRS released Revenue Procedure 2019-25 to announce the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2020. Here’s a breakdown of these increases. Annual Contribution Limits for 2020 For...
Independence Day Bank Holiday Notice 2019
Jul 2, 2019 | Holiday Notices
Plan Ahead for Independence Day Bank Holiday Payroll Banks will be closed on Thursday, July 4, 2019, in observance of Independence Day. If you are a direct deposit customer or CPS Checks customer, please submit payroll at least one business day early to ensure...
How to Improve Your Career Prospects as a Woman in Tech
Jun 28, 2019 | Industry News
Women in the tech world frequently struggle with gender perceptions and discrimination. While many women want to start their own businesses to escape the traditional workplace and enjoy greater autonomy, many others are seeking to move up the ladder in their...
The difference between a discretionary and a non-discretionary bonus.
Jun 26, 2019 | Human Resources
The most important thing to remember about non-discretionary bonuses is that when issued to a non-exempt employee, they must be included in the employee’s regular rate of pay when calculating overtime. A discretionary bonus, as its name implies, is a bonus in...
Home Office Deduction Benefits Eligible Small Business Owners
Jun 6, 2019 | Industry News
Small business owners may qualify for a home office deduction that will help them save money on their taxes, and benefit their bottom line. Taxpayers can take this deduction if they use a portion of their home exclusively, and on a regular basis, for any of the...
EEO-1 Reporting Requirements Finalized
Jun 3, 2019 | Human Resources
The hotly contested issue of what exactly needs to be filed for EEO-1 component 2 reporting this year has been resolved—at least for now. Pay data for both 2017 and 2018 must be reported to the Equal Employment Opportunity Commission (EEOC) by September 30, 2019....
Memorial Day Bank Holiday Notice
May 21, 2019 | Human Resources
Plan Ahead for Memorial Day Bank Holiday Payroll Banks will be closed on Monday, May 27, 2019, in observance of Memorial Day. If you are a direct deposit customer or CPS Checks customer, please submit payroll at least one business day early to ensure proper...
Effective Measures To Protect Yourself from Common Security Threats
May 16, 2019 | Industry News
Computer security should be an ongoing concern for every organization. Individuals who try to gain unauthorized access to computer systems are always trying to figure out new methods to cause harm and steal data. Today, keystroke loggers or “keyloggers” (which...
Need to Know: New Fraud Scam Targeting Employee Direct Deposits
Apr 29, 2019 | Human Resources
Late last year the IRS warned of an uptick in payroll-related fraud crimes. HR functions of businesses of all types are at risk. One scam in particular has been seen more frequently over the last month. Fraudsters are sending emails attempting to convince payroll...