Students expect more from their university experience in 2022. Learn how universities can accommodate with hyflex collaboration technology.
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If you’re looking at onboarding your first employee, congratulations! It’s a big step in the life of any business. Since you’re dealing with paying someone else, you need to be extra sure you do it correctly! You’re dealing with someone else’s livelihood, which in itself is a big responsibility, but you’re also subject to government rules. If you break them, you’ll eventually face consequences. So here are some questions you might be asking and resources to help you find the answers you need.
Typically, you’ll need to gather the following forms:
You’ll want to consider frequency as well as the actual method of getting money into your employee’s hands (cash, check, direct deposit, etc.). When considering whether to pay your employee(s) weekly, biweekly, or monthly, you should make sure you brush up on pay frequency requirements by state. Whatever you land on, just make sure you follow your state’s rules and also notify your employees what schedule they can expect.
Your W-4 form(s) will help you make this determination. Unless the employee is exempt, you’ll usually need to withhold social security, medicare, and federal income taxes. Other possible withholdings include state or local income taxes. If this is making you want to lie down for a nap, you can make it very easy by using a payroll software with a built-in system for helping you get it right.
In addition to the standard deductions, employees may be subject to wage garnishments, child support payments, health/life insurance premiums, or automatic retirement. If any of these apply, have new employees fill out the appropriate forms.
Payroll software can help simplify deductions and payroll big time if you’re handling them on a small scale. For large scale onboarding and payrolling, most businesses are best served by hiring a partner (like PayReel
!) that specializes in handling frequent, high-volume hiring and payrolling.
The post Questions to Ask When Onboarding Your First Employee appeared first on PayReel.
When it comes to hiring employees, employers have a few different options. Employers can take the part-time or temporary employment route to save costs and eliminate permanent decisions. Each option has advantages and disadvantages, so it’s essential to understand the difference between part-time and temporary workers before deciding. Here’s a look at the key differences between part-time vs. temporary employment.
For starters, a part-time employee is hired to work fewer hours than a full-time employee. Their hours typically run under 40 hours a week. They work on a permanent basis, completing daily tasks like many other full-time employees. Workers usually get little to no benefits working part-time, which is discussed with the employer during the onboarding process.
Temporary jobs are similar to part-time jobs, but they have some contingencies. Temporary employees can work part-time or full-time but work on a contractual basis. This means that they could work 3,9, 12, etc. months and be done at this organization- there is always a definitive end and start date. The temp is usually hired through a staffing agency for a certain project a department in the organization needs help with.
With all that being said, what’s the benefit of part-time and temporary employment?
There are many benefits to both part-time and temporary employment. Part-time employees generally have more flexible hours and can often choose their schedules. This can significantly benefit employees who have other commitments outside of work or who need a more flexible schedule for childcare or other reasons. Part-time employees might be able to take advantage of employee benefits, such as health insurance and retirement plans, but this will depend on each organization.
Temporary employees often have the opportunity to try out different positions and companies before committing to long-term work. This can be a great way to gain experience in different fields or explore other career options. Temporary employees may also have more flexible hours than full-time employees. This can be beneficial for those looking for a part-time job or needing a more flexible schedule.
Both part-time and temporary employees can work full-time with their organization, but this is usually discussed with the employer before their start date. Before starting any job, there must be clear-cut expectations for both the employee and employer.
There are also some drawbacks to both part-time and temporary employment that should be considered.
Part-time employees may not have as much job security as full-time employees and may not be eligible for the same benefits, such as health insurance and retirement plans. Temporary employees may find it challenging to transition to a full-time position with the same company and may not have the same job security as full-time employees.
Not only are there benefits for part-time vs. temporary employees, but there are also benefits to hiring these specific types of employees.
Hiring part-time employees cut costs. They usually work hourly so they can be scheduled to fit the employer and employee’s needs. A part-time employee would be well suited if a business needs employees for a certain season. On top of this, part-time employees rarely receive benefits, saving the company money too.
Hiring part-time employees also boost company morale and therefore reduces burnout. Part-time employees work reduced hours, creating a positive work environment where quality work can be done.
Hiring a temporary employee requires a shorter interview process. This is because you’re hiring them for a short-term project rather than a long-term, more permanent position. With that in mind, they can perform better because they are used to working on niche projects. Also, temps could be hired to give another fresh perspective or to temporarily fill in for another employee who is out of the office.
Overall, there are both benefits and drawbacks to part-time vs. temporary employment. It just matters what the employee and employer value. It is essential to weigh the pros and cons of each option before deciding which type of employment is right for you. Whether you’re looking for your next career move or an employer looking to staff your business, we have you covered. Call us today at 202-965-1100 to get started!
The post Part-Time vs. Temporary Employment appeared first on Maslow Media.
We’ve improved our client experience so to simplify worker classification/compliance, onboarding workers, and obtaining more customized reports. PLUS, we have new updates around the corner.
Independent contractor payroll management can be complicated, but a good partner specializes in simplifying it. With California’s AB5 and the subsequent shockwaves it has sent through the industry, worker classification is on people’s minds for good reason.
While it’s really hard to standardize some aspects of worker classification, we make the process consistent so clients are using the same rules across the board. Our AI-based software takes much of the subjectivity out of classifying workers by using a consistent set of measurable rules and parameters rather than someone’s opinion.
Another way we continue improving is refining our wording and processes every time we see an opportunity–a big focus for our team! As such, we’ve streamlined communications to reduce email traffic and updated our questionnaires for efficiency. In addition to reducing the turnaround time for onboarding workers, these changes give clients a solid leg to stand on if they ever have to justify their decisions in a court of law. We’ve also made it easier, quicker, and more efficient.
Software development may not seem very glamorous until you realize how much time, money, and headache it can save! We’re continually improving operational efficiencies with PayReel Online (PRO) and with our Sick Leave Accrual Management application (SLAM). More states continue to add sick leave and FMLA compliance regulations into law and we’ve enhanced our proprietary tool to manage these rapid changes. No need to worry about the many new complexities these paid sick leave laws leave in their wake. That’s good news for clients who can rest assured we are staying up to speed with the laws.
In addition to the above software development, we’ve also matrix-ed our system so it can “learn” clients’ system’s language with no human translation necessary. We developed an Application Programming Interface (API) that bridges the gap between client software and ours. This is extra special because it allows PayReel software to communicate with clients’ time-tracking (or any other kind of) software without any human intervention. That means clients can fulfill changing needs quickly without having to rewire/recode (i.e. without disruption). It also allows clients to intuitively connect people to critical information, forms, and reports, and skip maddening double data entry/typing. Sexy, right?
Take a client with a self-developed proprietary system for time tracking, for example. When we plug their Enterprise Relationship Program into our API, it sends everything needed for a project or a job and updates all 32 necessary fields automatically. That allows us to forego manual data entry with absolutely zero human involvement required in the middle.
We really like solid software, but it’s still good people who make the world go around. We’ve instituted a weekly training for all of our Client Relationship Managers (CRMs). In addition to covering any legal changes, this training addresses internal practices to make the client experience as standardized and efficient as possible.
It’s true. We saved the best for last. Clients asked for more reports to provide insight into backend payroll information and we listened! CRMs now have the ability to offer many additional customized reports including project cost reports, invoice detail reports, and more–giving supervisors and managers better visibility to see where workers are in the process.
The post Check Out What We’re Up To (Spoiler: We’re Improving The Client Experience) appeared first on PayReel.
A lot goes into digital signage and display selection. Read our blog to help ensure you make the best investment.
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