Remove blog what-is-minimum-wage
article thumbnail

Payroll errors and how to avoid them

ThomsonReuters

For business owners, payroll is complex and often their greatest expense. For accounting professionals, payroll services have long been viewed as a time-consuming, high-risk loss leader. Payroll errors are certainly a real concern, but with the right tools and resources in place, payroll services can be a growth opportunity for firms.

payroll 107
article thumbnail

Economist breaks down Consumer Price Index for payroll

ThomsonReuters

The CPI and payroll are intertwined in a variety of ways. Employers and payroll professionals look to these monthly numbers to make changes and adjustments to payroll systems and also to forecast possible impact on the business in the near future. What is the CPI? What are the differences between CPI-U and CPI-W?

payroll 59
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Certified Payroll Professional Corner: Involuntary Deductions

ThomsonReuters

In a previous edition of the Certified Payroll Professional (CPP) Corner, we talked about gross ups. In Payroll Guide ¶4115 , we discuss the IRS’s formula for completing a gross up. Gross ups. However, this will be on the CPP exam, so best to understand the formula and practice. 500 ÷ 70.35% = $710.73. Involuntary deductions.

payroll 83
article thumbnail

The Certified Payroll Professional Corner: Overtime

ThomsonReuters

In our last edition of the Certified Payroll Professional (CPP) Corner, we talked about taxable and nontaxble fringe benefits. Payroll conference guidance on fringe benefits. Payroll Guide ¶3540 discusses fringe benefits. Payroll Guide ¶3585 discusses qualified transportation fringe benefits. Also, the U.S.

payroll 93
article thumbnail

The Certified Payroll Professional Corner: Gross Ups

ThomsonReuters

In our last edition of the Certified Payroll Professional ( CPP ) Corner , we talked about the regular rate calculation for overtime purposes. We asked what item must be included in the regular rate of pay for the purposes of figuring the regular rate of pay for overtime purposes? Regular rate of pay for overtime. Previous question.

payroll 85
article thumbnail

Director Discusses Several Considerations Involved When Taking A Business Global

ThomsonReuters

Global workforce strategy “The biggest thing in hiring and trying to attract the talent of a global workforce is ensuring you have an equitable strategy,” said Mariah Hantis, Director of Total Rewards at Deel, a payroll and compliance provider based in San Francisco, California. . Many considerations when going global.

payroll 98
article thumbnail

C?ompliance among biggest issues facing global payroll, says Ceridian’s VP of Product?

ThomsonReuters

From the middle of the bustling expo at PayrollOrg’s 41st Congress conference in Denver on May 17, Lisa Weckman, VP of Product at Ceridian, talked with Checkpoint Payroll Update about global payroll challenges facing the industry. in many areas, including human resources and payroll. “If you just look at the U.S.,

payroll 52