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. 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 record hours on a paper timesheet are vulnerable to errors that are both willful and unintentional. Employees often record their official shift start time even when arriving late and do the opposite when leaving early. Even your most faithful associate can have trouble accurately recalling hours when filling out a time card several days after the fact. Erroneous timecards increase costs of labor unnecessarily and burden your HR staff (which may just be you).
WebClock tracks employee time to the minute to be certain that you only pay staff members for the time they are working. Workforce Management Suite maintains accurate audit-ready time and attendance reports that can protect you in case of a DOL dispute.
2. Misclassifying Employees
Employee classification impacts benefits eligibility, minimum wage provisions, overtime pay eligibility, and workers’ comp eligibility. Employers who misclassify are in danger of state and federal penalties and should consult the comprehensive DOL guidance on the issue.
Workforce Management Suite allows you to customize the job codes for your business to help you stay in compliance and design efficient scheduling strategies to keep your labor outlays 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 obligations is problematic without accurate time and attendance data for each pay period. Workforce Management Suite automatically collects, calculates, verifies, and submits the critical information to your payroll provider.
ICON, Inc. serves many businesses like yours and can help you avoid these dangerous pitfalls with the experience and proficiency you can trust in. Call us today at 888-111-2222.
ICON, Inc. offers Workforce Management Suite, the powerful, fully-integrated WorkforceHUB that makes it easy to optimize the performance of your supervisors, employees, and organization.
Workforce Management Suite includes TimeClock, TimeSimplicity, and TimeWorks Mobile. Workforce Management Suite is developed for busy employers like you who need to streamline scheduling, automate time and attendance tracking, maintain regulatory compliance, and lessen labor costs.
How much can you save? Check our ICON, Inc. ROI Calculator.
We can get you up and running with Workforce Management Suite in minutes. Contact us today to schedule a demo.