In the world of business, there are certain practices that may seem convenient in the short term but can lead to severe consequences in the long run. One such practice is paying employees under the table, a method where employers provide compensation without reporting it to tax authorities or adhering to formal payroll processes.
Read MoreIn an increasingly interconnected world, businesses are expanding their reach and tapping into global talent pools. However, managing employees who reside in different countries brings forth a complex set of challenges, particularly when it comes to payroll.
Read MoreEstablishing a reliable payroll system may seem like a simple HR issue, but it can cause a major disaster if you don’t approach it correctly. There are dozens of examples where brand new payroll systems failed to deliver the expected results, causing some severe damage to the local governments.
If you want to avoid the payroll system mistakes, you better make sure to understand how it really functions. Here are the top three tips for stress-free implementation:
Read MoreIt’s payday and you get a worried call or email from one of your employees. He says he checked his bank account and he wasn’t paid. He then tells you that he needs to pay his bills and that he lives paycheck to paycheck. How do you investigate and resolve this? A great way to minimize payroll errors is by using a single-source online solution like Dominion Systems. With Dominion, you have your payroll, time and attendance, and other HR processes streamlined together on the same platform. An all-in-one payroll solution improves accuracy, cuts dual-entry and makes your time spent on payroll more efficient. Enable your employees to fill out their direct deposit in the online Employee Self Service Onboarding process to minimize errors. In the 2017 “Getting Paid In America” survey, 93.74% received their pay via direct deposit. It’s no surprise this number is very high and as any payroll professional knows, mistakes happen and you need to be prepared for when they do. It becomes important to resolve the problem as quickly and efficiently as possible. Here are a few tips, specific for Dominion Clients, to help troubleshoot a missing direct deposit payment.
Read MoreAt the end of the day, virtually every business requires the use of some sort of payroll software. Whether your business has one employee or thousands, it’s important to have the tools necessary to administer payroll and ensure your business is staying in compliance with tax withholdings. Your method of processing payroll can range from doing it in-house, using a CPA, or by using a payroll provider.
Read MoreAs you may already know, there are many different types of payroll processing: ranging from in-house to outsourcing, to even using a CPA. You’ve probably have heard of many different payroll service companies, but do you know exactly what they do and what they offer? Just like their name suggests, payroll companies ensure that employees are paid on time and that all of the employers stay compliant. Obviously, payroll is more than just writing checks, and a good payroll company will offer more than just that. Depending on the size of the company and the software’s capabilities, there are a variety of different things that payroll companies do for their customers.
Read MoreWhen your General Ledger is out of balance, it can create a stressful headache. With these brief suggestions and specific reports, you will be able to solve the puzzle in no time. Once you have discovered the issue, you can simply call Client Solutions at Dominion Systems to assign the missing piece. Then you’ll be able to relax your shoulders, ease your mind, and continue on with your busy day, stress-free from the General Ledger. Keep in mind, the following information is specific to Dominion’s software, but is very similar to what other software service companies have.
Read MoreWe at Dominion take security very seriously. Since we are a payroll and HR company, we keep our client’s personal information stored within our software and we take every precaution to make sure it is safe. Recent studies show that identity theft has become more common, and it is very hard, if not impossible, to completely eliminate. Social security numbers, addresses, bank account information, and wages are just some of the data that can be found within payroll softwares or departments. 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. So what can you do to avoid this
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