When it comes to paying your employees, there are many rules and regulations to keep in mind to comply with the Fair Labor Standards Act (FLSA). Chances are, you’re aware of all the statutes that regulate wages, overtime pay, and other similar ideas. However, not everything is as clearly defined as these, and many payroll professionals struggle to understand many grey areas. As if this isn’t confusing enough, these guidelines vary from state to state.
Read MoreWhether you are starting your own business or you’re simply thinking about making changes to your current payroll structure, choosing a pay frequency is very important and you should do it carefully. There are four main pay frequencies: weekly, biweekly, semi-monthly, and monthly. Some pay frequencies are better for certain purposes than others, which is why it is important to know and understand the pros and cons of each before making a decision. There is no federal law that requires a certain frequency, but each state regulates this individually.
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