{"id":805,"date":"2018-11-12T18:36:07","date_gmt":"2018-11-12T18:36:07","guid":{"rendered":"https:\/\/bcmpayroll.com\/bcmold\/?p=805"},"modified":"2020-08-31T20:02:11","modified_gmt":"2020-08-31T20:02:11","slug":"business-payroll-policy-tips","status":"publish","type":"post","link":"https:\/\/bcmpayroll.com\/bcmold\/business-payroll-policy-tips\/","title":{"rendered":"Business Payroll Policy Tips"},"content":{"rendered":"

\"amy-hirschi-1416709-unsplash\"<\/a>Your payroll is the lifeblood of your business, and it\u2019s imperative that you know how to manage payroll correctly if your business is to succeed. Even if you are a small business<\/a>, payroll policy is critical for reducing mistakes and avoiding confusion both within your organization and when dealing with the IRS. Here are four systems you should be sure to have in place when it comes to payroll procedures.<\/p>\n

1. New Employee Processing<\/h2>\n

If you ever plan to have new employees in your organization, you must have a plan in place to get them into the system quickly and make sure they start getting paid as soon as possible. Your system should allow you to differentiate between contractors and employees quickly. Plus, whoever processes the new employees should know exactly what paperwork needs to be filled out \u2014 tax withholdings, direct deposit, benefits, etc. \u2014 and how it should look when completed.<\/p>\n

2. Hourly Employees<\/h2>\n

Unless all your employees are salaried, you need to have a system in place for hourly employees to accurately record their hours for every period they work. There are software programs that take the place of the classic \u201ctime clock\u201d for this purpose, but you need to have a way to verify the hours are being logged correctly to avoid overpaying employees.<\/p>\n

Get A Quote Today! <\/a><\/p>\n

3. Paycheck Preparation<\/h2>\n

Remember, the number on your employee\u2019s payroll is not just the raw amount of their salary broken down into a bi-weekly or monthly total. Those are your employee\u2019s gross wages. You must also calculate any benefit costs they are responsible for, social security and Medicare withholdings and tax withholdings. Again, any mistakes here could create government red tape you would like to avoid.<\/p>\n

4. Paycheck Issuance<\/h2>\n

Most companies today are realizing direct deposit is a far more efficient way of paying employees than handing out a paycheck manually every couple of weeks. Employees prefer it because they know they will get paid faster and according to schedule, and employers don\u2019t have to worry about making sure to connect employees with their paychecks.<\/p>\n

Still, it\u2019s important to make sure your direct deposit system is working as it is supposed to and that all employees are inputted into the system correctly. This can sometimes get tricky when some employees call in sick or go on vacation, or when you’re dealing with part-time or temporary employees.<\/p>\n

Count on BCM Payroll Serivces, Inc. for All Your Payroll Needs<\/h3>\n

If all these policies seem like a bit of a headache, you’re not wrong \u2014 they sometimes can be. That is why many companies are turning to third-party payroll services like BCM Payroll Services, Inc. for their payroll management<\/a>. We can handle it all, from inputting new employees into the system to managing direct deposit and making sure to manage all your tax issues correctly. You get to offload the headaches of payroll to us and concentrate on doing what makes your company great.<\/p>\n

If the idea of eliminating the stress of payroll management from your company sounds appealing to you for your business in southcentral Pennsylvania or western Maryland, please contact us at 717-264-7374 or get in touch with us online for a free quote<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Your payroll is the lifeblood of your business, and it\u2019s imperative that you know how to manage payroll correctly if your business is to succeed. Even if you are a small business, payroll policy is critical for reducing mistakes and avoiding confusion both within your organization and when dealing with the IRS. Here are four […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"yoast_head":"\nBusiness Payroll Policy Tips | BCM Payroll<\/title>\n<meta name=\"description\" content=\"Your payroll policy can help keep your employees happy and help your business run smoothly. Learn some key tips here!\" \/>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bcmpayroll.com\/bcmold\/business-payroll-policy-tips\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Business Payroll Policy Tips | BCM Payroll\" \/>\n<meta property=\"og:description\" content=\"Your payroll policy can help keep your employees happy and help your business run smoothly. Learn some key tips here!\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bcmpayroll.com\/bcmold\/business-payroll-policy-tips\/\" \/>\n<meta property=\"og:site_name\" content=\"BCM Payroll\" \/>\n<meta property=\"article:published_time\" content=\"2018-11-12T18:36:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-08-31T20:02:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bcmpayroll.com\/bcmold\/wp-content\/uploads\/2019\/06\/amy-hirschi-1416709-unsplash-300x200.jpg\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/bcmpayroll.com\/bcmold\/#website\",\"url\":\"https:\/\/bcmpayroll.com\/bcmold\/\",\"name\":\"BCM Payroll\",\"description\":\"Premium Payroll Service Provider\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/bcmpayroll.com\/bcmold\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/bcmpayroll.com\/bcmold\/business-payroll-policy-tips\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/bcmpayroll.com\/bcmold\/wp-content\/uploads\/2019\/06\/amy-hirschi-1416709-unsplash.jpg\",\"width\":5472,\"height\":3648,\"caption\":\"business payroll policy\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bcmpayroll.com\/bcmold\/business-payroll-policy-tips\/#webpage\",\"url\":\"https:\/\/bcmpayroll.com\/bcmold\/business-payroll-policy-tips\/\",\"name\":\"Business Payroll Policy Tips | BCM Payroll\",\"isPartOf\":{\"@id\":\"https:\/\/bcmpayroll.com\/bcmold\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/bcmpayroll.com\/bcmold\/business-payroll-policy-tips\/#primaryimage\"},\"datePublished\":\"2018-11-12T18:36:07+00:00\",\"dateModified\":\"2020-08-31T20:02:11+00:00\",\"author\":{\"@id\":\"https:\/\/bcmpayroll.com\/bcmold\/#\/schema\/person\/1f2e047d1406c5d03a13e3836999cb99\"},\"description\":\"Your payroll policy can help keep your employees happy and help your business run smoothly. Learn some key tips here!\",\"breadcrumb\":{\"@id\":\"https:\/\/bcmpayroll.com\/bcmold\/business-payroll-policy-tips\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/bcmpayroll.com\/bcmold\/business-payroll-policy-tips\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/bcmpayroll.com\/bcmold\/business-payroll-policy-tips\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"item\":{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bcmpayroll.com\/bcmold\/\",\"url\":\"https:\/\/bcmpayroll.com\/bcmold\/\",\"name\":\"Home\"}},{\"@type\":\"ListItem\",\"position\":2,\"item\":{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bcmpayroll.com\/bcmold\/business-payroll-policy-tips\/\",\"url\":\"https:\/\/bcmpayroll.com\/bcmold\/business-payroll-policy-tips\/\",\"name\":\"Business Payroll Policy Tips\"}}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/bcmpayroll.com\/bcmold\/#\/schema\/person\/1f2e047d1406c5d03a13e3836999cb99\",\"name\":\"Mark Kelly\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/bcmpayroll.com\/bcmold\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/6a6a110a9c190c0186084c4e2b183c11?s=96&d=mm&r=g\",\"caption\":\"Mark Kelly\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/bcmpayroll.com\/bcmold\/wp-json\/wp\/v2\/posts\/805"}],"collection":[{"href":"https:\/\/bcmpayroll.com\/bcmold\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bcmpayroll.com\/bcmold\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bcmpayroll.com\/bcmold\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/bcmpayroll.com\/bcmold\/wp-json\/wp\/v2\/comments?post=805"}],"version-history":[{"count":6,"href":"https:\/\/bcmpayroll.com\/bcmold\/wp-json\/wp\/v2\/posts\/805\/revisions"}],"predecessor-version":[{"id":1041,"href":"https:\/\/bcmpayroll.com\/bcmold\/wp-json\/wp\/v2\/posts\/805\/revisions\/1041"}],"wp:attachment":[{"href":"https:\/\/bcmpayroll.com\/bcmold\/wp-json\/wp\/v2\/media?parent=805"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bcmpayroll.com\/bcmold\/wp-json\/wp\/v2\/categories?post=805"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bcmpayroll.com\/bcmold\/wp-json\/wp\/v2\/tags?post=805"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}