Archive for May, 2017

The Latest ManagedPAY News and Opinions

May 26th, 2017

Non-Compete Agreements: What Can They Accomplish?

It may seem ironic that companies encourage innovation and brilliance while employees are on the payroll, but pull the plug on that ambition if they dare to leave. But non-compete agreements attempt to do just that to control damage. Whether signed when staff members come on board, or as part of a ream of paper… Read More

May 25th, 2017

How Long Do You Have to Retain Payroll Records?

Just in time for spring cleaning, the Social Security Administration and the IRS have issued a joint publication — the Spring 2017 issue of SSA/IRS Reporter — which offers valuable pointers for employers who want to clean up their old payroll files. In most (but not all) cases, that means following a four-year retention rule…. Read More