Inova Payroll Blog

Regulatory Changes that Impact HR and Payroll in 2018

Posted by Kelly Allen on Dec 19, 2017

What you need to know for the New Year

With a contentious tax overhaul in the works in Washington D.C., it can be hard to keep up with all the other changes planned for 2018. While you wait for clarity on shifting tax laws, here’s a round-up of state and federal regulations you’ll need to accommodate in the coming year.

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Topics: Employer News

These PR Tips Can Help You Reinvent Employee Communications

Posted by Kelly Allen on Nov 20, 2017

If your email notices, wellness campaigns, and employee announcements aren’t gaining traction and getting employees to take action on important items like signing up for benefits, it might be time to change your approach. Consider how incorporating some of the best practices from the field of public relations into your communication strategy can improve engagement and encourage employees to take action.

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Topics: Employer Basics

5 Common Mistakes HR Pros Make When Implementing HCM Software

Posted by Kelly Allen on Oct 25, 2017

Streamlining processes, improving file management, avoiding duplication, empowering employees, and helping recruit new employees more efficiently sounds like an easy YES! But, before you sign up for human capital management software, consider your transition strategy. We’ve helped thousands of companies successfully implement payroll/HR platforms, and we’ve seen it all. Avoid these five mistakes for a smooth transition!

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Topics: Human Capital Management

What is Human Capital Management?

Posted by Kelly Allen on Sep 20, 2017

Would you subscribe to multiple accounting software platforms? Deploy two different point-of-sale systems? Probably not. But when it comes to human resources, using a variety of systems is common practice.

Many of today’s HR departments have a mix of digital tools such as online recruitment and applicant tracking software, an online benefits enrollment system through their broker, and yet a separate platform for payroll.  

When the various platforms don’t integrate, it can mean additional time to download and upload files, or maintain a set of spreadsheets to analyze data and create reports. Sometimes HR processes are made even more complicated by the existence of paper-based processes.

So what is human capital management (HCM), and how can it solve HR challenges like these?

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How to safely choose the absolute best payroll service for you and your employees

Posted by Misty Mathews on Aug 31, 2017

 

Payroll service companies can be a big help when it comes to calculating and filing your company’s payroll taxes, printing checks, and being available to answer important payroll-related questions. Industry-leading companies have streamlined processes and controls that lead to greater efficiency and fewer errors, which can save your company time and money.

When considering payroll service options, it is important to choose a reputable company because ultimately your business is responsible for paying the taxes, not your payroll company. That means you must do your homework to ensure the payroll company is compliant with regulatory standards and that your taxes are paid in full and on time.

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Topics: Payroll, Small Business, Employer Basics

OSHA 300A Electronic Filing Requirement

Posted by Misty Mathews on Jul 3, 2017

 

Workplace safety is a key part of a company’s day-to-day operation. Recently the Occupational Safety and Health Administration (OSHA) enacted a new rule to ensure even greater accountability for employers with more than 20 employees. The new rule requires existing OSHA reporting to be completed electronically, and while the implementation date has been postponed, employers should be prepared to satisfy the new requirement.

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Payroll FAQs

Posted by Misty Mathews on May 26, 2017

Payroll is an important part of any business that employs workers. Paying your employees the right amount at the right time is essential to maintaining goodwill with your employees, not to mention staying in compliance with employment laws.

While payroll is a basic function of an employer’s daily operation, it can also be difficult to get your arms around. So we’ve identified some of the most frequently asked questions about payroll and provided answers and resources to point you in the right direction.

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Topics: Payroll

Onboarding Best Practices: Set Up Your New Employee for Success

Posted by Misty Mathews on May 11, 2017

The Society for Human Resource Management (SHRM) reports that 15 percent of employees who quit a job within the first six months cite lack of proper onboarding as the primary reason they left the new position.

Other reasons these employees gave: no clear outline of responsibilities, insufficient training, lack of a friendly face to help out in their early days on the job, not enough attention from their manager or coworkers, and lack of recognition for their contributions.

All of these issues can be addressed through a well-developed and consistently executed onboarding process. Proper onboarding sets the stage for better employee engagement, which leads to lower turnover, which leads to lower recruiting and training expenses.

Here are a few must-have elements to a modern onboarding process that will help set your relationships with your new employees off on the right foot every time.

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Topics: Employer Basics, Human Capital Management

Employee or Independent Contractor?

Posted by Misty Mathews on Apr 26, 2017

In today’s gig economy, more workers are finding themselves classified as independent contractors and fulfilling multiple roles for multiple employers. Freelancers, temporary workers, drivers, and consultants often gain freedom in choosing their own work schedule and how they will complete the work, but often do not enjoy the same benefits as traditional employees.

Independent contractors are not covered by the Fair Labor Standards Act (FLSA); they are treated differently in terms of taxes, benefits, and worker protections and receive a 1099-MISC form instead of a W-2 each year.

For small business owners and human resource specialists, differentiating between employees and contract workers isn’t as simple as it used to be and the risks of worker misclassification are no joke.

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Topics: Employer Basics

Improving Employee Experience through Integrated HR Technology

Posted by Grace Ferguson on Mar 9, 2017

A 2015 study by the Society for Human Resource Management reveals that most employees are seeking a meaningful work experience. In an effort to supply it, employers are increasingly moving their HR processes to the cloud. In fact, the Information Services Group (ISG) states that the desire to provide a positive user experience is a chief reason employers shift to cloud HR solutions. 

How popular is cloud HR technology? Stratospheric. ISG’s 2015 survey shows that over 70 percent of respondents have implemented or intend to use cloud HR technology within the next two years. Besides reducing time spent on HR-related tasks, an effective cloud HR system takes an integrative approach to improving employee experience – from the job applicant stage all the way to off-boarding. An ideal integrated solution can transform the employee experience.

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Topics: Human Capital Management

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Thank you for visiting our blog. Please note that we do our best to fully research the blog topics you see here and present accurate and up-to-date information. We believe the information to be accurate but make no claims as such. We also want to share with you that we do not provide professional accounting, financial, legal or tax advice and we recommend contacting a licensed accounting, financial, legal or tax advisor for business advice. For any comments related to the blog, please email us at info@inovapayroll.com.