Tag

hourly wages

overtime requirements
Understanding Employee Overtime Requirements as a Small Business Owner 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
salary vs hourly employees
Should You Pay Your Employees Salary Or Hourly Wages? Company CulturePayroll Tax ResponsibilitiesSmall BusinessTime Keeping

Should You Pay Your Employees Salary Or Hourly Wages?

The question of whether to have salary vs hourly employees is one that all business owners face. Both options have pros and cons, which can make it difficult to choose one over the other. Most companies offer salaried positions to some employees and hourly positions to other employees after considering which is best for each…
Palmetto Payroll
August 16, 2021