Being an employer is a full-time job on its own. Anyone who oversees teammates can understand the time-consuming struggles of payroll processing. At Accountable Minds, one of our main focal points is to provide exceptional payroll services for our clients. You can rest assured knowing a certified payroll specialist is sufficiently running your payroll, which includes but is not limited to, direct deposits, job costing, labor cost and trend analysis, off-cycle or bonus payroll, accurate and timely payments, and multi-state compliance. By choosing us to handle your payroll, you can now devote more of your valuable time to managing other aspects of your business.
Onboarding is a very exciting moment in the employee lifecycle, which also gives the employer an opportunity to make a long-lasting first impression with their new team member. Always remember that new hires are still forming an opinion about the business, so you want to make them feel confident with their decision to work with you. However, there is still plenty of other aspects to keep in mind when properly onboarding an employee. Whether onboarding an employee in ADP, Gusto, or QuickBooks Online, the steps you need to take are crucial; not only to ensure compliance, but also providing a healthy company culture that makes them feel welcome to your team. Even though ADP, Gusto, and QuickBooks Online offer a self-onboarding process for new hires, we feel that a professional should oversee this important step, to ensure a proper setup while staying compliant with employment laws and policies.
At Accountable Minds, we understand that having to say goodbye to one of your employees is never easy. Despite coping with the unfortunate separation of a teammate, you still need to ensure compliance with the payroll regulations related to an employee termination. One of the most significant governing bodies involved with the regulations of employee termination is the Department of Labor (DOL). They might mandate how and when an employee can receive their final paycheck as well as providing details on continued health benefits such as COBRA. Thus, these laws and policies should always first be confirmed before finalizing an employee termination. One of our objectives is to alleviate the stress and bourdon that most employers encounter during this procedure. Even though we do not have the authority to hire and fire, a certified payroll specialist will gladly provide aid throughout the employee offboarding processes.
Whether you’re adding a new teammate that lives down the street from your premises, remotely hiring someone from out of state, or employing a minor to work on your farm, it’s our goal to help our clients stay knowledgeable of all the laws and regulations regarding employment. Accountable Minds can help educate our clients on the stipulations of employment compliance thanks to our extensive research and certifications covering all governing bodies and regulations of payroll. We offer a range of payroll-related expertise, which includes classifying workers, determination of exempt and nonexempt employee status, employing minors or family members, assistance with filing a state new hire report, termination procedures and policies, identifying pre-tax and post-tax deductions, paid time off laws and regulations, maintaining employee records, and more. If for any reason there are any state or local laws that we are unfamiliar with regarding your business requirements- granted that you choose to work with us- we will dig deeper and further study said laws to make sure you stay compliant.
A crucial key component of payroll is accurately tracking employee time, as it significantly reduces labor costs by eradicating errors. Remember that in order to stay compliant, all hourly and salaried employees eligible for overtime need to keep track of their hours. The correct data collection of employee time and attendance will also protect your business from any considerable supervisory exposure and the possibility of over reporting time worked. Thanks to ADP’s, Gusto’s, and QuickBooks Online’s available time tracking options and third-party app integrations, you can stress less when considering which solution is most suitable for your time tracking business needs.
Accountable Minds is a consulting firm devoted to providing clients with first-rate quality accounting, bookkeeping, payroll, and advisory and consultative services.