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Monthly Archives

September 2021

non-compete restrictions
Company CultureEmployee OnboardingSmall Business

How Will Recent Changes in Non-Compete Restrictions Impact Your Small Business?

Requiring new employees to sign non-compete agreements has been standard practice for decades, and non-compete restrictions have been established to follow. By signing a non-compete agreement, employees agree not to conduct business that acts as direct competition to their employer within a specific geographic region. The agreement is enforceable throughout the duration of the worker’s…
Palmetto Payroll
September 30, 2021
flexible benefits
Company CultureEmployee OnboardingHuman Resources

How Offering Flexible Benefits Helps Smaller Companies Compete for Talent

Starting salary is just one of many variables people consider when deciding to accept a job offer. Offering flexible benefits is one way that smaller businesses can compete with larger companies for top talent. For many people, benefits such as health insurance and paid time off are even more important. However, they also value choice when…
Palmetto Payroll
September 17, 2021
overtime requirements
Human ResourcesOutsourced PayrollPayroll ProcessingPayroll Tax ResponsibilitiesReportingSmall BusinessTime Keeping

Understanding Employee Overtime Requirements as a Small Business Owner

Under federal labor laws, employees classified as hourly satisfy their overtime requirements after working 40 hours in one week. While working overtime, employees must receive one and one-half times their normal hourly salary. This sounds simple enough on the surface, but small businesses often find themselves facing fines and other legal consequences because they do…
Palmetto Payroll
September 2, 2021