No matter if it’s intentional or not, employees can drain the payroll budget either by deliberately manipulating timesheets or by making innocent mistakes.
THE TIMESHEETS.COM JOURNAL Posts
Employee productivity is an ever evolving challenge for employers, particularly in the digital age of smart phones. To combat the wandering mind, many companies turn off or restrict Internet access. In recent years, however, the mobile internet network has shattered that effort.
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Getting customers is all about getting people on your side which, in business, can’t be achieved without providing good customer service.
Most managers have dealt with dishonest or lazy employees at some point. These employees selfishly squander your time and money, thinking you don’t notice. They do a poor job or no job at all.
Some of these employees are truly bad no matter who they work for, but some of them actually have a hardworking side to them that just needs a little nurturing.
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Excel is great software to be sure but it isn’t meant for everything. It doesn’t make a great bookkeeper, or a good business leads organizer, and it definitely doesn’t make a great time sheet.
When it comes to time sheets, Excel spreadsheets give an employee complete control and the boss zero.
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If you are into tracking accurate time, you are probably also into using your time wisely. You recognize the value of time and understand that wasting time is all too easy and tempting. You definitely want to encourage your employees to use their time effectively but you may not know exactly how to achieve this.
Over the last 100 days there has been debate about the amount of oil spilling into the Gulf of Mexico. Early on, BP reported an estimate of 5,000 barrels per day. Later, they admitted to maybe 40,000. Now they have reported a max of 100,000 barrels per day.
All government contractors must adhere to a set of guidelines regarding proper financial management. These guidelines, which include employee time tracking, are required by the United States government to ensure accuracy and verity. Timesheets.com is DCAA compliant!
Years ago I knew an entrepreneur in the construction industry who needed some serious help organizing his life and business. I remember seeing stacks and stacks of paper on the two desks in his office. I tried helping him sort through his papers and found bills months overdue, threatening letters, outdated offers – important papers amidst countless unimportant ones. The filing cabinets in the home office were mostly empty but for a few old and irrelevant records; the trucks were out on the roads uninsured, unregistered, or both; the mortgage payments on his two houses were not even covering interest.
If only he had known that he could have used his blackberry and laptop to keep track of just about all of his business and personal needs. Just about everything one needs to keep track of can be done with online applications nowadays. There are thousands of them out there to help with everything from customer leads to finance to organizing your home library. Mashable compiled a comprehensive list of 100+ applications to organize everything under the sun. If you have time to sift through this tome, however, check out my short list which includes apps that most of us can use.
A lot has to line up for a person to be successful. There must a good deal of intelligence, talent (which might just mean a lifetime of hard work), confidence, and time management. Articles could be written on any of these traits so in effort to avoid playing down importance of any important factor, let’s just focus on time management and how to get better at it.
Payroll is a big job and it takes a lot of training to get it right. If you do it yourself, you have to be very careful. You must be sure that the correct taxes are withheld from your employee’s paychecks, the wages and bonuses are correctly calculated, the correct taxes are paid, that wage and hour laws are followed, and that your employees get paid on time.
Outsourcing payroll is the the best option for most small businesses.
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Workers can be classified as either an employee or independent contractor. Many employers would prefer classifying all their workers as contractors because it saves them money, but it’s not that simple.
The IRS and the DOL have laws regarding employee classification. Whether to classify a worker as an employee vs contractor is a matter of what type of work the worker does and how it’s done. I’ll show you how to understand this employment relationship so that you can be compliant with the IRS and the FLSA.
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