Inova Payroll Blog

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New Hire Packet Essentials

Posted by Inova Payroll on Apr 12, 2016

New employees want to feel like part of the team. What better way to welcome them than with a complete new hire packet that offers all the information employees need to get started with the company?

An essential onboarding item, your new hire packet will set expectations by covering your obligations as an employer and your new hire’s responsibilities as an employee. The contents of your new hire packet will vary depending on your state, number of employees, and industry.

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Topics: Employer Basics, Small Business

Tip Reporting Cheat Sheet

Posted by Inova Payroll on Mar 24, 2016

Tip income represents special payroll and reporting challenges for restaurant employers. Underreporting of tip income triggers a two-fold effect: inadequate withholding of the employee’s share of taxes and underpayment of the employer’s portion. Still, that’s just one side of the tip reporting coin. On the other side are requirements you must meet, such as minimum wage, tax withholding and tip allocation.

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Topics: Employer Basics, Payroll

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