You’ve Got To Get Payroll Right
If you are a business owner, you are probably busy 24/7 and can’t always give each needed task your full attention. If you get to the point where you have to put something on the back burner, make sure it’s not payroll. Swipeclock Workforce Management Suite has convenient, powerful tools to help you avoid these common payroll mistakes.
1. Inaccurate Time Cards
Manual timekeeping systems that require team members to enter hours on a paper timesheet are susceptible to errors that are both intentional and inadvertent. Employees often record their prescribed shift start time even when arriving late and do the opposite when leaving early. Even your most ethical staff member can have trouble accurately recalling hours when filling out a time card several days later. Inaccurate timecards increase costs of labor unnecessarily and burden your HR staff (which may just be you).
TimeWorksTouch tracks employee time to the minute to be certain that you only pay team members for the time they are working. Swipeclock Workforce Management Suite maintains accurate audit-ready time and attendance reports that can guard you in case of a DOL dispute.
2. Misclassifying Employees
Employee classification affects benefits eligibility, minimum wage provisions, overtime pay eligibility, and workers’ comp eligibility. Employers who misclassify are at risk of state and federal penalties and should consult the comprehensive DOL guidance on the issue.
Swipeclock Workforce Management Suite allows you to customize the job codes for your company to help you stay in compliance and design efficient scheduling strategies to keep your labor costs as low as possible.
3. Failing to Pay Payroll Taxes
Small business owners may wrongly think that failing to pay payroll taxes is akin to not paying personal income taxes. If you get in a cash pinch, DO NOT delay paying your payroll taxes as a stopgap measure.
Meeting all of your employer tax commitments is difficult without accurate time and attendance data for each pay period. Swipeclock Workforce Management Suite automatically collects, calculates, verifies, and submits the critical information to your payroll provider.
Horizon Payroll Solutions serves many organizations like yours and can help you abstain from these dangerous pitfalls with the experience and skill you can rely on. Call us today at 888-434-8244.
Horizon Payroll Solutions offers WorkforceHUB, the unified Human Resources portal that makes it easy to optimize the performance of your supervisors, employees, and organization.
WorkforceHUB includes TimeWorksPlus, TimeSimplicity, TimeWorks Mobile, and ApplicantStack. We’ve just added recruitment, onboarding, benefits enrollment, performance reviews, and employee engagement! WorkforceHUB is designed for busy employers like you who need to reduce cost-per-hire, streamline scheduling, automate time tracking, maintain regulatory compliance, and decrease labor costs.
How much can you save? Check our Horizon Payroll Solutions ROI Calculator.
We can get you up and running with Swipeclock Workforce Management Suite in minutes. Contact us today to book a demo.