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business owners Archives - Palmetto Payroll Solutions

Company CultureEmployee OnboardingHuman ResourcesSmall Business

6 Reasons Your Business Needs Outsourced Human Resources

The global human resources market was valued at $17.56 billion in 2020 and is expected to grow 12.2% by 2028. This is huge and shows that a human resources department is becoming extremely necessary everywhere. However, it can be a struggle to stay on top of the ever-evolving laws, trends, and technology involved in this sector. If you're…
Palmetto Payroll
December 4, 2021
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
Accounting

Insurance Requirements to Know Before Starting a Business

Although most business insurance is optional, protecting your investments is always a wise business decision. A single lawsuit by an unhappy customer, for example, could wipe out your company assets and force you to close your doors. Below we discuss several insurance options to consider before you start a business as well as how to…
Palmetto Payroll
February 29, 2020
AccountingHuman ResourcesOutsourced PayrollPayroll ProcessingPayroll Tax ResponsibilitiesUncategorized

When Should I Consider Using Outsourced Payroll Services?

When you first started your business, you had only a few employees and no problem keeping up with payroll. Now that your business has expanded, processing payroll for so many employees seems like one more thing you no longer have the time to do. However, you can't very well not pay your workers because you…
Palmetto Payroll
March 27, 2019