Robie Ferrer

2 days ago | technologyadvice.com | Robie Ferrer

Table of contentsToggleKey takeawaysTo complete payroll manually, start by gathering information about each employee’s pay, benefits, deductions, and tax withholding. Tread carefully: In learning how to do payroll yourself, you’ll also need a thorough understanding of federal, state, and local labor laws and tax codes. You can use a payroll record book, spreadsheet, or our free payroll template if you want to do your own payroll by hand.

1 month ago | fitsmallbusiness.com | Robie Ferrer

Deferred compensation is a smart financial strategy for high earners, allowing employees to set aside a portion of their income to be paid later-often during retirement. But what exactly is deferred compensation, and why should you consider offering it to your employees? For employees who earn a sizable salary, finding ways to manage income through smart financial planning is essential - and deferred compensation can be a critical part of that strategy.

1 month ago | fitsmallbusiness.com | Robie Ferrer

Paid time off, or PTO, has evolved beyond simple vacation time to become a key element of an employee's benefits package. In today's job market, offering attractive PTO options is almost as essential as providing comprehensive health insurance. Understanding what is the average PTO in the US is crucial for businesses to attract and retain employees.

Feb 10, 2025 | technologyadvice.com | Robie Ferrer |Kaiti Norton

Table of contentsToggleKey takeawaysADP and Paychex have been around for over 50 years and both offer a wide range of HR and payroll tools. We recommend ADP Workforce Now for fast-growing businesses looking for scalable HR solutions and international payroll. We recommend Paychex for small to medium-sized businesses (SMBs) needing payroll and HR services. Feb.

Dec 6, 2024 | fitsmallbusiness.com | Robie Ferrer

Before hiring employees, it's important to take the time to learn how to calculate payroll for your business. It'll save you time from having to correct errors and possibly thousands in fines, and you might even experience lower turnover by eliminating paycheck frustrations. While you can choose to compute everything manually, use an online small business payroll calculator, or rely on software, it's important to familiarize yourself with the basic process to ensure accurate and timely payments.