PPT-How HR Handle More Than Just Payroll

Human resources departments within most companies are responsible for much more than simply processing payroll or handling the open enrolment season every year Whether a business is large or small human resources can play a large and often essential role in developing company strategy and handling all aspects of the employeecentred activities of an organisation. Payroll Interface is an internet application that gives you ac cess to PeopleSoft online page so you can easily transfer HPSORHH57347GDWD57347DQG57347XSGDWHV57347IURP573472UDFOH57526V PeopleSoft Human Resources Manage ment to your payroll system A Objectives. Calculate gross payroll using multiple methods. List and compute withholdings. Compute net pay. Prepare payroll register. Explain distribution methods. Record payroll transactions in the general journal. Employees who arrive late, take longer than permitted for their lunch breaks or slip out of work early, can cost your business dearly, with up to 20 hours of productivity being lost in some cases. So, what can you and your business do to help prevent this and get back all those lost hours? The solution is to make your employees more accountable by implementing an effective time and attendance management system. If you’re the owner of a small business, you may have asked yourself whether conducting pre-employment background on potential employees is worth the extra time and cost and may have wondered how much difference they can really make. The 401 (k) retirement plan came into existence back in 1978, and ever since its’ inception, has proved to be the single most popular type of plan of its kind, with no other employer-sponsored retirement plan in America able to compete with it. While the process itself may seem easy – you’ve just hired your first employee and you need to pay them – if you’re new to business and payroll, you may find that it’s not clear exactly what you should be doing and how to go about it. There may be many words and phrases that you’re not familiar with, such as ‘pay periods’, ‘unemployment tax’ and ‘Form 941’ to name but a few. June 2018. PAYROLL COMPLIANCE GROUP (PCG). Karin Faulhaber– State Payroll Compliance Manager. 302-672-5543. Tracey Walls – . Payroll . Compliance Analyst. 302-672-5541. Jessica Popkin-Payroll Compliance Analyst. Contrary to what some non-business minds may tell you, when put in place effectively, outsourcing payroll can be a fantastic way of cutting costs and giving a business an even better return on their investment. Read on to know more: Every business owner must start somewhere, and even if you have grown up around business owners or your family runs a business that you are involved in, going it alone can be a whole different kettle of fish. While it’s highly advisable that new business owners seek professional help and guidance when setting up their company and preparing to take on and pay a workforce, there are a few basics that it can be helpful to understand before you begin intake proceedings. Process bi-weekly pay for all staff (Faculty, Admin, Support Staff). We also process ROE’s and T4’s. We work in conjunction with HR – They provide the information and we process it.. There are three payroll clerks working to make sure that payroll is processed accurately and on time. Small businesses are said to employ almost half of all workers in the U.S. and if you run a business with employees, then your payroll is likely to be a little different this year; here are the top 10 changes to payroll for 2019: Naturally, as an employer it’s your responsibility to ensure that your employees are paid accurately and in a timely manner, irrespective of how many workers you have. You must be aware of all laws pertaining to payroll and stay up to date with the myriad changes to these laws that can occur throughout the year. You also need to understand payroll taxes and be sure to file accurately and on time to avoid costly penalties. For most employers, payroll can be a minefield and the sensible solution would seem to be that of hiring a payroll professional to help you get it right. The Benefits of Reading Books The Benefits of Reading Books