Tag

strategy

401(k) fiduciary responsibilities
Your Fiduciary Responsibilities When Offering 401(k) Employee Benefits AccountingReportingSmall Business

Your Fiduciary Responsibilities When Offering 401(k) Employee Benefits

The Internal Revenue Service (IRS) defines a fiduciary as a party that owes a duty of care to another party and must act in their best interest because of this. If your company offers a 401(k) retirement savings benefit to employees, the actions required to manage the accounts involve fiduciary responsibilities. This is true whether…
Palmetto Payroll
July 16, 2021
Outsourcing Payroll Brings a Quick Return on Investment Human ResourcesOutsourced PayrollPayroll ProcessingPayroll Tax ResponsibilitiesSmall Business

Outsourcing Payroll Brings a Quick Return on Investment

Small and mid-sized business (SMB) owners often feel caught between a rock and a hard place when it comes to payroll. On the one hand, the task is taking up too much staff time. At the same time, owners of SMBs may worry about the cost of outsourcing payroll and entrusting another party with the…
Palmetto Payroll
May 30, 2021
Recruitment Strategies For Small Businesses in 2021 Company CultureEmployee OnboardingHuman ResourcesSmall Business

Recruitment Strategies For Small Businesses in 2021

Recruiting, hiring, and onboarding new talent will look different in 2021 than it did even a year ago. The increase in permanent remote working arrangements, massive unemployment followed by a labor shortage, and ongoing workplace disruption are just some of the challenges that today’s small and mid-sized companies face. Recruitment strategies that worked in the…
Palmetto Payroll
May 17, 2021