PPT-Payroll User Group

April 5 th 2017 Meeting Overview Changes to our Payroll Services team Summer Benefits Grad Student Processing Payroll Document Schedule and Important Deadlines Hourly Adjustments Direct Deposit. Terrace Room, Claudia Cohen Hall – October 21, 2013. Agenda. In the works: BRIM changes. Refresher on Penn/Works Payroll distributions and encumbrances timing. Introducing: Travel & Expense Management (TEM) data. 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. The effects of making a wrong hiring decision can sometimes be devastating for a business and can even have a negative impact on your remaining workforce and your client base. Then there is the cost and time spent to find a replacement for the inept hiring decision that was made, and there is even the potential for a costly and time-consuming lawsuit should the employee that you failed to instate wisely, prove to be unethical or dishonest. 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 employee-centred activities of an organisation. 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: Welcome!. Agenda. . Open Enrollment. Wage Increases . Address Updates . W-4 Completion . Temporary Payroll Processing Numbers (TPPN’s). Emailing Sensitive Information . Sick Leave Buyout. Winter Reduced Hours . The term 'human resources' or 'human resource management' is a broad term that’s used to describe the management and development of an organization’s workforce; human capital is the name of the game here. 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. 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.