Grow Your Skills
The fair Labour Standards Act (FLSA) has enforced laws for employees’ minimum wages and overtime wages. Although exempt employees are not entitled to overtime payment, the rule of minimum wage
The minimum wages of employees for exempt and non-exempt employees are governed by the Fair Labour Standards Act (FLSA). There is a standard minimum wage set by federal and state
Employees entitled to overtime pay according to the Fair Labor Standard Act (FLSA) are known as non-exempt employees. Unlike exempt employees who work for a fixed salary, non-exempt employees are
The year-end process of payroll departments is important for all organizations. Whether you are running a small business with very few employees or a large company with thousands of employees,
According to the Consumer Protection Act and Unclaimed Property Act of 1954, the wages that are unclaimed by their original owners need to be followed up by the payroll professionals
Abandoned wages are also known as unclaimed wages. Basically, when employees do not claim their wage for the work they have already done or didn’t cash out the cheque, it
Overpaying employees is common in organizations with great workforces and companies without any proper built-up payroll plan. In case of payroll overpayment errors, it’s important the organizations take the necessary
Overpayments are common, even in today’s time. This is especially true with companies handling payrolls manually. Although making mistakes are exceptionally common, that doesn’t mean they should go uncorrected. Payroll
Mistakes are inevitable, and everyone is bound to make them. What’s important is not to panic and face your mistakes head-on to correct them. The sooner, the better! Employers frequently
Employers need to fill out form 941 Employers’ Quarterly Federal Tax Return and submit it to the IRS. Employers frequently make mistakes on form 941, which is why the IRS
