The Latest ManagedPAY News and Opinions

December 14th, 2017

Performance Evaluation Policy

Performance appraisal policies commonly contain two mistakes. They make a promise that may turn out to be hard to keep. And they attach wage reviews to the performance evaluation. Mistake #1: Does your employee handbook say something like this: “Employees will receive a performance appraisal each year on their anniversary?” A well-intended statement, but one which has… Read More

November 13th, 2017

Perfect Your Job Ads Now!

The best-qualified applicants for open jobs are often difficult to recruit. To attract more of the best job seekers, start with writing “help wanted” ads to pull in the people you want. Following are guidelines, tips and examples to help you. Put the job title or position name at the very top, left, above the headline…. Read More

October 17th, 2017

IRS Explains the Differences between Tips and Service Charges

Employers in the restaurant, hotel, casino, and other service industries must comply with laws associated with tips, including the Fair Labor Standards Act and the Internal Revenue Code. To assist them, the IRS issued Fact Sheet 2017-8 that explains the differences between tips and service charges for tax purposes. Examples from the IRS Example: A restaurant’s menu… Read More

October 5th, 2017

Putting a Lid on Harmful Gossip

Every workplace has some amount of “workplace chatter” among employees. But when this idle, trivial talk turns into malicious gossip about coworkers, management or confidential workplace matters, the employer can do something about it. Gossip Worldwide Gossiping — from the idle chatter to malicious rumor-mongering — is a workplace activity throughout the world. For example, an… Read More

October 3rd, 2017

We are #VegasStrong

October 3, 2017 Dear ManagedPAY Clients and Associates,  We are all shocked and horrified about Sunday night’s events in the heart of our city.   It is too enormous to go about our day without taking pause and reaching out to our friends, families and clients.  We are sharing advice that our experts shared with us, which we… Read More

October 3rd, 2017

Check the Benefits of Payroll Cards

If your company has a lot of employees who don’t have bank accounts or who work on the road or in remote locations, a payroll card system could save your business money in processing costs while making it easier for employees to access their wages.  An Employer’s Checklist    Before signing with a payroll card provider,  Consumers Union… Read More

September 26th, 2017

Replacing Employees Costs Big Dollars

The cost of employee turnover is alarming for many businesses. The latest statistic available from the  Employment Policy Foundation suggests the average cost of turnover to employers is $13,355 per full-time private-sector employee replaced. Keep in mind, this study was done several years ago so chances are this figure has risen considerably. Still it is enough to be troubling. An important… Read More

September 13th, 2017

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

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