The human resource industry divides employees into two broad categories: exempt and non-exempt. Compensation structure is the key difference between exempt and non-exempt employees. Both categories of employees have a right to earn the minimum wage rate. However, non-exempt employees generally qualify for overtime pay, and they are paid an hourly rate. While exempt…
What Are They Pay stubs are the papers that are given to employees to show their exact pay after all the deductions have been made. They are what the employees and employers look at to show them what exact pay they have received after the taxes. These would obviously show any insurance and additional deductions…
Many people prefer the convenience of having their paycheck deposited automatically into their checking or savings account. An ATM or a smartphone app are all you will need to deposit your pay. This service eliminates the need to go to the bank. Direct deposit is often more secure than depositing a paper check. And it…
When taking a job, many employees often have important questions they want answered. Employees may want to know what work hours they will maintain, who they must report to in case of a problem and what holidays they are given off. One of the most important questions many employees have is regarding their pay….
As a small business owner, it is important that you have a good payroll service in place to help you manage the whole payroll system for your company. This is important, because according to this article on Entrepreneur, statistically 1 out of every 3 small business owners will get penalized by the IRS for some…