The Latest ManagedPAY News and Opinions

September 13th, 2017 0

Creative Employees Churn Out Ideas

“No idea is too far out… There’s a whole lot of creativity going on around here!” If asked, employees might say this about their workplace at DEI Inc., in Cincinnati, OH. DEI stands for Dedication, Ethics and Innovation, and DEI certainly is innovative when it comes to dealing with employees. DEI Inc. designs financial institutions all… Read More

September 11th, 2017 0

Mobile Banking Apps – Beware

IMPORTANT NOTICE BEWARE OF THE MOBILE APP September 11, 2017 Dear ManagedPAY Clients and Associates, A few weeks ago, ManagedPAY experienced several employee checks being returned to us.  These were checks written on our bank account to employees of the clients we serve.  The checks were marked, “Un Locate Account” rather than “Unable to Locate”… Read More

June 14th, 2017

How to Make Online Recruiting Applicant-Friendly

Online recruiting of applicants is now commonplace for employers. Unfortunately, recruiting over the Internet and from a company’s website has at least two downsides: Online recruiting can attract large numbers of applications from unqualified and under-qualified people, wasting much time for those involved in the hiring process. Poorly designed web pages and poorly worded recruitment… Read More

June 1st, 2017

Danger Can Lurk in Job Offer Letters

Job applicants (especially those at supervisor and management levels) more and more are wanting it “in writing” when a job offer is made. It’s becoming more common for employers to give job offer letters (or letters of employment) to new hires. However, this type of document carries risks for the employer. Job offer letters and… Read More

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

February 6th, 2017

Hire the Right Person – And Stay Out of Trouble ...

Interviewing job candidates has never been easy. But now, a growing list of legal pitfalls is making a tough job even tougher. Fortunately, there are techniques that can help you hire the right person and stay out of trouble while you’re doing it. Here are some of the most important: When Can a Charge of… Read More

May 16th, 2016

Paid Vacation: Is it Optional or Required?

Q. One of my employees left without giving any advance notice. Do I have to compensate the employee for unused vacation and personal time? A. You are not required under any federal or state laws to offer vacation or personal time off benefits, with or without pay. But if you offer vacation time with pay,… Read More

March 12th, 2016

Can Your Company Revise its Payday Schedule?

Paydays are sacred in the workplace. Some employees who can’t remember how many years they’ve been married or how long it’s been since their last physical exam can tell you exactly how many days until the next paycheck arrives. Depending on their financial situations, other staff members may barely keep their bills paid between checks…. Read More

June 10th, 2015

Absorbing a Business? Realize Payroll Tax Savings

Conversely if one employer acquires another employer during the year — and it continues to employ some of the same workers — the successor can count the wages paid by the predecessor towards its own Social Security wage base. Suppose that your growing business is taking over one of your competitors. If you keep some of… Read More