I recently sat in on a webinar that focused on Data Breach Violations and how HIPAA and HITECH Data Backup rulings are affecting how risks are managed more and more. The subject matter was particularly directed towards healthcare and insurance professionals, but the basic information certainly applies to payroll and HR professionals and their’ use [...]
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Gathering hours for payroll processing and human resources absence tracking are just two common functions of a Time and Attendance software system. There are other functions Time and Attendance software systems can perform you may not have thought of. Some companies have a cafeteria where the employee can purchase their meals. Some companies have products [...]
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There are 3 common methods for overtime setup and calculation in payroll software processing. Overtime at Time and a half Overtime automatically calculated by the payroll software system FLSA Overtime calculation for multiple rates of pay Overtime at Time and a half calculation is accomplished by setting up a pay type code or earnings code, [...]
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Having both biweekly hourly and semimonthly salaried pay cycles to process can create additional work for the payroll processing department. For discussion we will use these assumptions; hourly employees need to have overtime computed on over 40 hours worked per week and salaried employees are all exempt from overtime. Because of this situation most organizations [...]
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Are you responsible for approving time or signing off on employees timesheets? If so you may be personally liable if an employee’s timesheets have been altered in anyway. Did you know that not only your organization is at risk of big fines or law suit fees, but your personal assets can be at risk should [...]
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Flexi Announces its Payroll and HR Solution Partnership with Optimum Solutions provides payroll, HR and time & attendance to Flexi’s customers. NAPLES, Fla./March 25, 2010— Flexi Software, a provider of best-of-breed, back office accounting software solutions, targeted to banking, insurance and financial service industries, announced today its strategic partnership with Optimum Solutions, a provider of [...]
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President Obama signed the Hire Act on March 18, 2010 to provide incentives for restoring Employment. This Act has two parts: Part 1 – The tax Holiday which runs from March 19, 2010 – December 31, 2010 to relieve the employer’s share of Social Security tax on wages for new hires that have been unemployed [...]
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You’ve determined that you need a new payroll software solution. You are out-sourcing your payroll software, human resources software and time and attendance software and are not satisfied with the service that you are getting as well as the lack of control over your payroll software program. So, the solution is to bring the payroll, [...]
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There are a lot of different types of badge cards out there, and there are several variables within each type. So here’s some information to help you decide. By far, the most popular badge choice is bar-code, but many companies do use magnetic stripe badges. There is a third type, proximity, but it is much [...]
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Is your employee data secure? Whether your HRMS system is an in house solution or you use an outsourcing vendor, the security of your employee data is imperative. In either case the question is, can someone on the outside, access (hack) into the database that houses your employee’s HR and payroll information. Unfortunately, in both [...]
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