Employee payroll fraud is a challenging issue for many business owners across the country. It occurs when an employee or unauthorized user wrongfully manipulates the payroll system to receive payment they haven’t earned. DM Payroll Solutions shares the different types of payroll fraud, as well as ways to prevent it, to ensure your business doesn’t […]
The U.S. Department of Labor (DOL) recently created additional fact sheets to further clarify categories of job-protected leave under the Family and Medical Leave Act (FMLA). The FMLA typically allows qualifying employees in workplaces with 50 or more employees to take up to 12 weeks of unpaid leave within a 12-month period to care for: […]
The U.S. Department of Education (DOE) has announced its final extension of the federal student loan relief, this time extending it to Dec. 31, 2022. The announcement was welcomed by both students and parents across the country, providing more immediate financial freedom during the current economic climate. Since the relief has been extended, the collection, […]
To those accustomed to receiving a paycheck every couple weeks, getting paid every day might sound like either a dream come true or a troubling temptation. For better or worse, “same-day pay” is becoming an increasingly popular payroll benefit offered by employers. And the results of a recent study indicate that many employees would appreciate […]
Most HR departments handle recruitment, workplace safety, employee relations, labor law compliance and payroll, amongst other things. When it comes time to add-on managing benefits, especially for smaller companies with limited resources, an additional challenge is created. Monitoring benefit eligibility for employees is complex and requires accurate and timely tracking of hours worked, plan policies […]
Today, the process of onboarding new hires brings many challenges for businesses and their HR departments. From complicated inter-department processes, to navigating an increasingly remote workforce, to the importance of providing a great first impression to your candidates, it is easy to become overwhelmed when bringing on new talent. Fortunately, you can streamline your onboarding […]
Over a week after Michigan Court of Claims Judge Douglas Shapiro ruled Michigan businesses to increase the minimum wage to $12 per hour and offer paid sick leave to workers, he put a pause on the implementation until Feb. 2023 while the case is under appeal. In his July 19, 2022, ruling, Shapiro determined Michigan […]
When it comes to your business’s financials, there is a lot for your team to account for. Managing AR and AP within the general ledger is an all-encompassing job in itself! However, there’s still the task of processing payroll wages and incorporating them into your ledger. Historically, payroll and the general ledger have been accounted […]
In an increasingly paperless world, more and more employers are furthering their green initiatives by taking aspects of their business digital. One of these areas of focus is payroll, with employees greatly welcoming direct deposit of their wages to save trips to the bank. However, not every employee is a bank customer and this proves […]
For many business owners, the idea of outsourcing any task when it could be handled in-house is seen as an unwarranted expense. However, when you take into account something as crucial and compliance-focused as your organization’s payroll, this couldn’t be more false. No matter if your company is a start-up or a multi-location corporation, outsourcing […]
