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Paying Employees

Minimum Wage

With the admirable aim to prevent the exploitation of workers, minimum wage laws are an ever-evolving and an ever-important area of legal compliance. But for those with no experience, where does one even begin? Here’s what you need to know.

Competitive Pay

At the end of the day, employees work for money. While a passion for their job is important and welcomed, without being able to pay bills or save for experiences they desire, employees will not stick around for long. Let’s talk about how to create competitive pay for your employees.

FLSA Exempt

Have you wondered why some employees don’t receive overtime pay? That means they are FLSA exempt. There’s more that goes into an exemption than pay, so read this article to learn more!

Pay Date

How often do you pay your employees, and how do you decide? When building the HR function in an organization, the question of when to pay employees is bound to come up. Read on to consider your options and determine the best pay date for your company.

Overtime

Do you know the requirements for paying overtime to your employees? This article will explore some of the important facts you need to know about overtime and overtime pay.

Imputed Income

An employee is given a company car and is told he can use it for personal errands when not on company time. Are there tax implications for such a benefit? Learn what benefits are taxable and how to properly account for them.

Wage/Salary Compression

Wage compression can create negative impacts to employee morale leading to difficulty recruiting top talent and costly turnover. But what really is wage compression and how can you manage it successfully?

Salary Basis Test

Federal law states that all employees are considered eligible for overtime pay unless they meet certain requirements for exemption. Continue reading to learn more about the qualifications and requirements for exemption.

The Duties Test

Failure to pay overtime to qualified employees risks costly legal consequences. How do you know when and to whom you need to pay overtime? The FLSA Duties Test is a tool you need to be familiar and comfortable using. Let's look at how to use it.

Base Pay

Do you know what base pay is? Is it salary, compensation, or a wage? There are many ways to talk about paying your employees. Maybe too many ways! Don’t worry. In this article, we’ll answer these questions and more so that you know how to calculate, set, and change employee base pay.

Salary

In every industry, companies have to decide whether to pay their employees a salary or hourly wage and how much to pay them. In reality, there are both advantages and disadvantages to paying employees on a salary. In this article, we’ll help you understand what a salary is, and what paying employees a salary will mean for your company.

Hourly Wage

In HR, we often have to figure out whether an employee should be paid by the hour or by a salary. There are pros and cons to each, but it may be better to pay an employee by the hour under certain circumstances. In this article, we’ll help you determine whether you should pay your employees by the hour, and when it’s required.

Payroll

Are you struggling with payroll? We understand! Running payroll is absolutely necessary, but it’s a complicated process, and even the best of us have trouble doing it manually. We understand the struggle, so we’ve created our guide to understanding payroll and the various ways to do it. If you need help understanding payroll, you’ve come to the right place.

Compensable Time

Compensable time includes any hours that an employee is required to work or be on company premises. It is regulated by the Fair Labor Standards Act (FLSA). Not all work-related activities are compensable, but incorrectly compensating employees can result in legal penalties.

Continue reading to learn what compensable time is, what activities you must compensate employees for, what activities you don’t have to pay employees for and what the penalties are for incorrectly compensating your employees.

Gross Pay

In the world of payroll, you have to calculate tax deductions, benefits contributions, taxable income and net pay every single pay period. Although deductions might be unique for each employee, every calculation is based on gross pay.

Your understanding of gross pay is essential not only for accurate paychecks, but also to be able to explain those numbers clearly to employees. So, what is gross pay?

Net Pay

Calculating net pay is the single most time-consuming process in payroll. It’s complicated, unique for each employee, and frankly, easy to get wrong. Here at Eddy, we created a thorough, step-by-step guide to help you calculate net pay accurately.

Payroll Software

Making sure employees get paid correctly and on time is one of the most important HR tasks. But it’s an extremely time-consuming process that takes HR professionals away from more strategic HR projects. Luckily, great payroll software can help. Below, we’ve listed our favorite payroll software along with some tips for how to choose the best payroll software for your company.

Time Tracking Software

How can you make sure your employees are staying on track and properly estimate project budgets? Time tracking software lets your employees accurately track their hours and provides you with data for business insights to help improve your team’s efficiency.

Continue reading to learn what employee time tracking software is, the benefits of using time tracking software, essential features and how to choose the right software for your organization.
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Eddy is the all-in-one HR Suite built to help local businesses easily manage their people, payroll, and HR processes.

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Eddy is the all-in-one HR Suite built to help local businesses easily manage their people, payroll, and HR processes.

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