PayrollCentric is pleased to announce the PayrollCentric 401(k) Group Plan Solution. This GPS is a pooled-plan solution ideal for small to medium businesses and designed to reduce total cost and administrative burden through a shared administrator. 401(k) plans are an incredibly powerful tool to help employees...
U.S. Immigration and Customs Enforcement (ICE) announced that COVID-19 temporary flexibilities for Form I-9, Employment Eligibility Verification—Virtual Verification—will expire on July 31, 2023. Employers should prepare to resume standard, in-person I-9 verification procedures in August and must complete in-person physical document inspections for employees whose documents...
Keeping track of employee hours can be a real challenge for small businesses. It's essential to ensure everyone is being paid accurately and that records are accurate and up-to-date. Timekeeping for small businesses has come a long way, and many tools and methods are available...
As your small business grows, so can the questions. Tax rates? Benefits? Reporting? PayrollCentric answers the most asked questions in California’s ever-changing payroll landscape. What is the new minimum wage in California? On January 1, 2023, the base minimum wage in California increased to $15.50/hour. Wages in...
Federal law requires certified payroll reports for government-funded projects that cost $2,000 or more. Certified payroll reports (also known as CPRs or “prevailing wage”) document wages, hours, rates, deductions, and benefits provided to every worker on your project. They ensure workers are receiving the prevailing...
When hiring new employees, thoughts of retirement may not be your immediate concern for potential employees. However, many of the best candidates may have long-term plans already in mind. Retirement savings plans are critical for everybody in the workforce. They allow employees to plan for...
In a competitive job market, benefits can help small businesses hire quality employees. A Health Savings Account (HSA) can be used to pay for qualified medical expenses without being subject to taxes. If your employees have high-deductible health insurance, contributing to a small business HSA...
California’s most recent Pay Transparency Law went live on January 1, 2023. SB 1162 requires business owners with employees in California to track and report payscale ranges. Requirements vary for small and large businesses. Linda Duffy, President and Founder of Ethos Human Capital Solutions, led...
It’s not just about wages anymore. In a competitive hiring environment, benefits matter, and small business health insurance could give your company an advantage in hiring. There is an art to making group benefit plan decisions. You want a plan that makes sense for the majority...
