Are you looking for a way to make managing your human resources processes more efficient? An HRIS platform could be the answer! HRIS stands for human resources information system, and it is a software solution designed to help streamline and automate all of your HR processes. With PayrollCentric, your HRIS integrates directly with your payroll […]
Running a business isn’t always a walk in the park. It takes a lot of hard work and dedication to ensure that everything runs smoothly. One of the most important yet often overlooked aspects of a successful business is its labor force. Not only do businesses need to make sure they have enough staff to […]
PayrollCentric is pleased to announce the PayrollCentric 401(k) Group Plan Solution. This GPS is a pooled-plan solution ideal for small to medium businesses and designed to reduce total cost and administrative burden through a shared administrator. 401(k) plans are an incredibly powerful tool to help employees save for retirement. By allowing workers to contribute a […]
As a small to medium-sized business owner, you are probably aware of the I-9 form – the document used to verify an employee’s identity and authorization to work in the United States. The U.S. Citizenship and Immigration Services (USCIS) updated the form, aiming to reduce errors and simplify the process beginning August 1, 2023. The […]
*UPDATE: The August 1, 2023, I-9 update allows remote examination of documents.* U.S. Immigration and Customs Enforcement (ICE) announced that COVID-19 temporary flexibilities for Form I-9, Employment Eligibility Verification—Virtual Verification—will expire on July 31, 2023. Employers should prepare to resume standard, in-person I-9 verification procedures in August and must complete in-person physical document inspections for […]
Keeping track of employee hours can be a real challenge for small businesses. It’s essential to ensure everyone is being paid accurately and that records are accurate and up-to-date. Timekeeping for small businesses has come a long way, and many tools and methods are available today to simplify the process. Manual Timekeeping Let’s start with […]
As your small business grows, so can the questions. Tax rates? Benefits? Reporting? PayrollCentric answers the most asked questions in California’s ever-changing payroll landscape. What is the new minimum wage in California? On January 1, 2023, the base minimum wage in California increased to $15.50/hour. Wages in your city may be higher, and might depend […]
Federal law requires certified payroll reports for government-funded projects that cost $2,000 or more. Certified payroll reports (also known as CPRs or “prevailing wage”) document wages, hours, rates, deductions, and benefits provided to every worker on your project. They ensure workers are receiving the prevailing wage in your area. Prevailing wage extends from the Davis-Bacon […]
When hiring new employees, thoughts of retirement may not be your immediate concern for potential employees. However, many of the best candidates may have long-term plans already in mind. Retirement savings plans are critical for everybody in the workforce. They allow employees to plan for retiring when and how they desire. According to the U.S. […]
In a competitive job market, benefits can help small businesses hire quality employees. A Health Savings Account (HSA) can be used to pay for qualified medical expenses without being subject to taxes. If your employees have high-deductible health insurance, contributing to a small business HSA may be an easy-access benefit to offer. Related: Introduction to […]
