Managing Your Company’s Risk

No matter what your business size, there’s always a considerable amount of risk involved. Identifying, assessing, and analyzing risks are all part of risk management strategies companies use. Creating a risk management plan for your business will ensure that if you do happen to incur any serious issues, you’ll be able to minimize the effects and make sure your business …

How to Prepare Your Small Business for the 2017 Minimum Wage Increase

With the new minimum wage taking effect this month, many small businesses are wondering how they will absorb this increased cost. Here are four steps you can take to offset the change in payroll.

Ready, set, STOP…FLSA blocked by federal court

On Tuesday, November 22, 216, a federal judge in Texas granted a preliminary injunction against the FLSA overtime rule. This preliminary injunction will prevent the FLSA rule from going into effect on December 1st which may give many employers a sigh of relief!  Many professionals in the employment arena did not think that this would happen which makes this an …

Improperly Filed Payroll Will Incur Penalties

Payroll is a highly regulated business obligation for employers that encompasses everything from personal information to federal government requirements. The consequences of improperly filed payroll can be incredibly damaging to your business. The IRS estimates approximately 40% of small to mid-size business in the United States improperly file their payroll yearly and subsequently pay penalties averaging $845. (See U.S. Small …

FICA Payroll Tax Cut Extended to End of 2012.

The Middle Class Tax Relief and Job Creation Act of 2012 that was recently passed, extends the 2% Social Security tax cut through the entire 2012 calendar year. The social security tax rate for employees will continue at the reduced 4.2% rate with employer contributions remaining at the standard 6.2%. This reduced rate was temporarily in effect for the 2011 …

Payroll Administrator Position

StaffScapes provides small and mid-sized businesses with an integrated suite of services including HR administration, safety and risk management, payroll and tax administration and employee benefits.  We are seeking a Payroll Administrator based in Westminster and serving clients along the Front Range.  Responsibilities: Process employee enrollment, including personnel document verification, input and storage Interact with clients and employees to gather …

Extra Payday Possible for 2009 or 2010

The year 2009 or 2010 may bring an extra payday to employees. Next year or the following, brings another possibility of an extra payday for many workers. Employees that are paid on a weekly basis and certain biweekly paid employees may have an extra payday depending if their employers chose to pay employees prior to or after the normal payday …

2009 Payroll Limits

Quick tips for new limits in 2009 401K – $16,500, catch up $5,500 Social Security – 106,800 Federal Minimum Wage – $6.55,  effective July 24, 2009  $7.25 Colorado Minimum Wage – $7.28 effective January 1, 2009 Health Savings Accounts – $3,000 individual, $5950 family Transportation in a commuter highway vehicle and any transit pass – $120 per month Qualified Parking …

Direct Deposit & Payroll Changes

Colorado PEO makes changes to check stock to deter ID theft. A big concern for StaffScapes is your personal identity safety and eliminating any chance of ID theft.  You will notice three areas that have changed or have just been changed on your payroll checks: –  To comply with certain state laws only the last 4 digits of an employees …

Unapproved work done by employees must be compensated

DOL restates requirement to pay employees for all time worked, even if it was not approved by the employer. In a recent Department of Labor Opinion Letter concerning break and meal policies, the Department restates that any work done by the employee, regardless of approval, must be compensated by the employer. The Code of Federal Regulations 29 CFR 785.13 states: …