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Category: Payroll

7 Key Aspects of Payroll Compliance

Payroll compliance is about meeting your obligations as required by law, which can be confusing and complex. Here are 7 key aspects of payroll compliance. 1. Federal wage and hour laws The Fair Labor Standards Act (FLSA) sets federal wage and hour standards, which are administered by the U.S. Department of Labor. These standards cover:… Continue reading 7 Key Aspects of Payroll Compliance

Failure to Return Company Property: What Are the Payroll Rules?

When employees terminate, they should return any company property loaned to them. If they fail to do so, you might be able to dock their pay. It’s not uncommon for employers to entrust company property to employees, such as: Office keys. Building entrance badges. Uniforms. Computers/laptops. Cellphones. Vehicles. Job-specific tools or equipment. If the employee… Continue reading Failure to Return Company Property: What Are the Payroll Rules?