Stock options can incentivize employees to work toward increasing the company’s stock value, aligning their interests with those of the shareholders. It used to be that stock options were only offered to top management and particular key employees to tie their interests in with those of the company. Over time however, employers began to consider all their employees to be key assets to the company, so the number of people holding stock options has increased significantly.
Read MoreEmployee self-service software is an effective way of saving time and has many other benefits. Depending on the nature of your job, some tasks might take longer to complete than others, which can sometimes put us behind. Dealing with employee queries can take up valuable time too. Did you know that you could create more time in your day and become more efficient in your process simply by using employee self-service (ESS) software?
Read MoreAs an employer, it is vital to know whether an employee is classified as exempt or non-exempt. In this blog, we will look at what differentiates these types of employees.
Read MoreThere are many ways of setting up employee time tracking. Some are better than others, but they all work to achieve the same goal: to track an employee’s time and attendance. Simply put, employee time tracking is the measurement and documentation of the hours your employees work. Using technology allows us to save time and be more efficient, and there are various options available.
Read MoreConsidering how relevant they are in our day-to-day lives, employment taxes can be very complicated to understand. As the employer, it’s your job to deposit and report employment taxes and prepare and file Form W-2. This is used to report wages, tips and other compensation paid to your employees.
Read MoreAs a payroll software company, at AAB Payroll we take security very seriously. Social security numbers, addresses, bank account information, and wages are just some of the data that can be stored. If by any chance this information gets in the wrong hands, your company’s reputation will be at risk, and so will your employees’ personal information.
Read MoreWhen dealing with the world of taxation, it’s important to know the intricate details so you can avoid fees and penalties. In this blog, we will focus on identifying what taxes are deductible or non-deductible.
Read MoreWhat happens if you thought you had an independent contractor, but after a bit of research, you come to find that the worker is an employee? Unfortunately, the IRS has become stricter on this issue in recent years after they discovered billions of dollars were being lost due to employee misclassification. Not only are there IRS implications, but you will also find yourself penalized by the IRS, and your state government.
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