When to Outsource Your HR

When to Outsource Your HR

 

As a small business owner, you’ve got a lot of decisions to make. Most of them revolve around how to make more revenue, cut costs, and get more done. Human resources is a necessary function of any business once you hire your first employee. And once you have that first employee, you have another decision to make — figuring out the best method for handling HR.

 

If you’re in an in-between stage and need to make a decision about your HR needs, we can help. Here’s when it makes sense to outsource and when it makes sense to bring your HR department in-house.

 

Outsourcing Human Resources

 

Not sure whether you should outsource the HR functions of your business? If any of these fit you or your business, the answer is yes.

 

You Spend Too Much Time on HR

 

When your business is small, you do nearly everything. There comes a point in every business when the time you spend on one task takes away from your ability to generate revenue and run your company. Once HR sucks up most of your time, the cost to outsource will be made up in productivity.

 

You Don’t Know HR Rules and Regulations

 

No one wants to deal with liability on any level, but certainly not with your employees. If you don’t know (or can’t keep up with) hiring rules, EEOC requirements, payroll taxes, and the other functions of human resources, it’s time to outsource.

 

You Need to Save Money

 

Maybe you’ve had an HR person on staff but now that’s no longer financially feasible. Outsourcing your human resources needs saves money. You don’t have to pay for training or benefits. You’re paying a fee for the service but not a full salary.

 

Things are Moving Too Fast

 

Ideally this is because business is growing and you need to hire quickly, but any change that happens too fast can be overwhelming. With an outsourced HR provider handling the work for you, things get done quickly and more efficiently letting you focus on bringing in revenue as your business grows.

 

You Have Low Turnover

 

A hiring boom notwithstanding, if you don’t do a lot of hiring and firing, outsourcing your HR needs can make a lot of sense. Rules and laws may change from one hire to the next, especially if it’s been a while. You might not remember everything you need to do. And it’s difficult to justify a full-time employee when the job doesn’t require a lot of extra work.

 

Keeping Human Resources In-House

 

Not every business should outsource their human resources. It may make more sense to hire someone full-time to do the job for you.

 

Your Business Deals with Constant Turnover

 

A lot goes into hiring people and letting others go. Job descriptions have to be written. Training must be done. Interviews have to take place. If the volume of your turnover is high enough that the daily tasks equal a full-time job, it may make sense to hire someone.

 

You’ve Got a Lot of Employees

 

An outsourced HR service can definitely help large companies, but many business owners begin to build HR departments once they hit 100 or more employees. At that point it may make more economic sense to have someone on staff to do the job. If you’re below the 100 person threshold but know you’re headed in that direction, you may want to hire an HR person early so they’re ready to help you grow.

 

Are you ready to outsource your HR needs? Contact Charlotte Payroll today at 704-887-5511. We can help you at every stage of your business’s growth. You don’t have to keep up with employment law, hiring and firing best practices, or onboarding new employees. Get back to building your business, and we’ll help you with the rest.

How Tax Reform May Impact Your Business

How Tax Reform May Impact Your Business

 

At the end of 2017, Congress passed the Tax Cuts and Jobs (TCJA) bill, making available the first major tax reforms for businesses in the last 30 years. The changes went into effect for 2018 and may have a big impact on your business. Make sure you understand how TCJA may change your deductions and what your tax bill will be this year and going forward.

 

Corporate Tax Rate Lowered

 

Instead of the graduated corporate tax rate that you’ve used for so many years, the biggest change has to be the reduction to a 21 percent flat tax rate for most businesses. This includes pass-through businesses like S corporations, partnerships, and sole proprietorships. Beyond offering relief to businesses of all sizes, it was also done to incentivize hiring and reward companies with plenty of employees.

 

Equipment Deduction Changes

 

The amount you can take as a deduction for equipment purchases has increased drastically with the new tax bill. The maximum deduction is now $1 million, up from $510,000. The phaseout threshold amount has also increased to $2.5 million. Businesses will also receive a bonus depreciation of 100 percent instead of 50 percent for new equipment. This depreciation bonus is available for equipment purchased and used after September 27, 2017. After 2022, the depreciation level will gradually lower over several years.

 

Net Operating Loss

 

If you’ve been taking net operating loss deductions for your business, that loss will now be limited to 80 percent of your taxable income. Prior to the new tax bill, you could carryback net operating losses, but that has been eliminated beginning in 2018. On the other hand, the new law now allows the ability to carry forward net operating losses indefinitely.

 

Meals and Entertainment Expenses

 

If you typically offer extra perks to employees or routinely ask employees to travel for work, this is a change you need to know about. The deductions for entertainment, amusement, and recreation expenses, club membership dues, and costs for facilities related to these expenses have all been eliminated with the implementation of the tax law.

 

You are still able to deduct 50 percent of meal expenses you may incur while operating your business and meals paid for during employee travel. That 50 percent deduction is also extended to employer-operated eating facilities through 2025. No deductions will be allowed for qualified transportation fringe benefits and expenses you pay to provide commuting transportation for your employees.

 

We’ve only listed some of the ways the tax reform bill may impact your business. It’s absolutely crucial that you speak with a tax advisor who can help you sort through the changes and how you and your business will be impacted.

 

For help with your payroll taxes and managing your business, contact Charlotte Payroll today at 704-887-5511. We make your job easier and give you peace of mind that your business is compliant and you have one less thing to worry about.

 

The Importance of Security

 

The Importance of Security

 

You’ve seen the news. Equifax, Target, Home Depot, and many other big names have been the victim of data breaches over the years. In reality, their customers have been the victims, but those businesses have been in the news and had to answer tough questions. If you think you’re safe from that kind of breach because you’re a small business, think again. 31% of cyber attacks impact businesses with less than 250 employees, and some of those businesses have fewer than 100 employees.

 

With data breaches and identity theft running rampant, keeping your employee’s data secure is more important than ever. We’ve got some tips to help you avoid the fallout of a major data breach.

 

Create a Security Policy

 

If you’ve never heard of a security policy, you’re not alone. It’s not as common as an employee policy handbook, but it should be. This is a document that discusses how all aspects of your company’s data and information should be handled to keep it as secure as possible.

 

• Payment information
• Data and information storage
• Password best practices
• Document storage and destruction
• Viruses and phishing schemes
• Backing up information

 

Once you have a security policy, every employee needs to have a copy and be trained on it. After that, you’ll need to monitor everyone to make sure it’s followed.

 

Backup Your Data

 

In a data breach, it’s not uncommon for data to be lost. By backing it up, you have access to it later. You also have access to an earlier version of your current data in case there are questions. It would be bad enough to have your employee’s data stolen but to have to enter it all back in during the recovery process would waste time you need to focus on other important matters.

 

Upgrade Your Firewall

 

If you don’t know what a firewall is, you probably need to get one — and spare no expense. This isn’t the time to nickel and dime yourself. A firewall is the security system for your computer network. It monitors who’s trying to access your data and protects it from whatever might try to cause a data breach. Think of it as a barrier between your internal network (your computers and digital files) and the external network (the internet).

 

Get a Cyber Liability Insurance Policy

 

You can do everything in your power not to be a victim of a cyberattack, and it can still happen anyway. 60% of small businesses fail within six months of an attack. Why? Because it’s extremely expensive to deal with. Large companies spend a fraction of their revenue on notifying customers and dealing with the fallout. Small companies don’t have that luxury. With a cyber liability insurance policy, you’ll have help without having to bankrupt your business.

 

Hire a Payroll Service

 

The easiest way to protect your employees’ information is to use a service that already has the necessary security protocols in place. Payroll services don’t just make sure your employees get paid on time or that you’re payroll taxes are handled correctly. They have all of the tools in place to keep your information safe.

 

Want to take one more task and worry off your plate? Work with Charlotte Payroll to pay your employees and protect their data at the same time. Contact us today at 704-887-5511 for more information.

6 Services Worth Their Weight in Gold

 

6 Services Worth Their Weight in Gold

 

When you run a business, you’ve got two things on your mind: how you can increase your income and reduce your expenses. It’s easy to neglect outsourcing some services because you think you can’t afford it. It’s just as easy to cut other much-needed services to reduce your expenses. Certain services are worth every penny you pay for them in terms of the time and stress saved and effeciencies gained.

 

Sometimes cuts are necessary, but keep these services so that your business continues to run smoothly.

 

Insurance

 

Obviously you need a certain amount of insurance just to stay in business — like workers’ compensation. But don’t let one tight quarter convince you to start drastically reducing insurance coverage to save a few dollars. Work with an independent insurance agent who isn’t tied to a specific provider. This way they can shop around and find the best possible rates for all your insurance needs. Truly, in business, having more insurance is the smarter financial decision, not less.

 

Payroll Services

 

In terms of time saved for you, using a payroll service is certainly a worthwhile expense. But think about all the other benefits. Your employees are always paid on time and efficiently. Payroll taxes are paid on time and at the correct amount — making sure you’re not dealing with surprises later. Working with a payroll service lets you focus on other parts of your business, specifically the things that increase your income. With that extra time and focus, you’ll more than make up for the cost of the service.

 

Accounting Services

 

If you can justify hiring a full-time accounting employee, great! That’s a sign of a thriving and growing business. But if you’re stuck between outsourcing your accounting needs or staring at accounting software for hours at a time, hire an accounting service to do the job for you. They’re trained professionals who know how to handle accounts receivable and accounts payable. Instead of tracking people down to pay you or worrying about when you’ll find time to pay the bills, you’ll have help. Again, this lets you focus on other parts of your business where you can make more of an impact.

 

Marketing

 

If no one knows your business exists, how will it grow? Many business owners understand the importance of marketing but have no idea how to get it done. Hire a marketing company to help you. They have the contacts to work with advertisers and the skills to make sure your message gets the right kind of attention. And if they do their job well, your business will grow without you having to do all the marketing and advertising yourself.

 

IT Support

 

When it comes to outsourcing your IT department, you’ve got a couple of options. You can move everything to the cloud and work with a cloud computing company to manage your servers, website maintenance, document storage, and more. Your other option is to keep the equipment you have and look for a local provider who will take care of your computers, servers, and other technology either on a regular basis or when you need them. It’s the 21st century. Your computers, cash registers, and other equipment have to work when you need them. An IT support service pays for itself every time they fix a computer or upgrade a system for you.

 

Cleaning Services

 

It doesn’t matter if you’ve got a shop with customers coming in and out all day or you’re in an office that only your employees see. It all needs to be kept clean. Unless you plan on sweeping, mopping, and cleaning toilets — not the best use of your time — it’s one service you don’t want to cancel. A great cleaning service keeps your business looking professional. Yes, your employees should be encouraged to keep their workspaces and common areas clean, but a cleaning service makes your business shine.

 

Are you looking for help with your payroll and human resources needs? Charlotte Payroll can help. We make sure your employees and taxes get paid and your W-2s are filed so you can focus on building your business and doing the work you enjoy most. Contact us today at 704-887-5511 and let’s talk about what we can do for your company.

How to Find More Time

 

How to Find More Time

 

The one thing no business owner has enough of is time. Your employees need you. Your business needs you. And at some point, you’d probably like to spend time with your family. It’s easy to feel like you’re a hamster running in a wheel and getting nowhere.

 

You can find more time in your day with a bit of time (pun intended) and effort.

 

Figure Out Where Your Time Goes

 

Before you can make any changes, you’ve got to figure out what you’re spending your time on. Take a few days and track everything you do and approximately how much time you spend on it. That includes every time you check your email, make a phone call, get interrupted, and scroll through Facebook. You can write it down in a notebook or use a spreadsheet, but focus on this one thing. You may very quickly see where your time goes just by being mindful of it.

 

Identify the Time Wasters

 

Look at your notes or list. What’s wasting your time? Can someone else do those things? Are you checking your email too many times? Is your social media habit a problem? Are you sitting in too many unnecessary meetings when an email will get the job done quicker? Get honest with yourself about the things that are using up precious time.

 

Organize Yourself

 

Part of finding more time in our day is using the time we have wisely. Organization plays a huge role in this. Make a list of the things that have to get done in a given day and focus on just that. Schedule meetings or conference calls with your to-do list in mind. Can all of your meetings be scheduled in one day each week, leaving you the rest of the week to focus?

 

Handle Email Better

 

Because we have easy access to email through our computers and phones, it’s almost too easy to check it. Add in notifications that pop up all day long and half the day can be spent reading emails. It’s time think strategically about email. Set specific times during the day when you’ll check your email. Spend that time answering the easy emails and then set aside dedicated time each day or week for emails that need your focus. Not every email needs an immediate response, and you’ll be less distracted and get more done.

 

Delegate or Outsource Everything You Can

 

As a business owner, you have very specific things you need to do. Growing your business and making sure it operates smoothly and correctly being the two most important things. Scheduling meetings, dealing with accounting software, and stressing over payroll shouldn’t be on your list. If you’ve got an employee who can do the task for you, delegate it to them. If you don’t, outsource it to a professional service who can get the job done for you. The money you spend will be more than worth the time you get back in your day and week.

 

The more you can focus on your business, the bigger and faster it will grow. All the small tasks, unnecessary meetings, and distractions keep you from being able to focus on what really matter. It’s going to take time to find more time in your day, but it will be worth the effort.

 

If you’re spending too much time on payroll, let Charlotte Payroll help you. You’ll get time back in your day, and your employees will be paid efficiently and on-time. Contact us today at 704-887-5511 and let’s discuss how we can help you find more time.

 

5 Advantages of Cloud-Based Technology

5 Advantages of Cloud Based Technology

 

Cloud computing may seem like a fairly new concept, but in reality, has been around since the mid 1950’s.  The “theory of time sharing” was first introduced by John McCarthy, at a time when only the wealthiest could afford computers.  The initial concept of the cloud was to make time sharing accessible to everyone, not just those who to stand to foot the whole bill.  The logic was to rent a systems computational power to multiple users, who would all pay a fee to share the system, greatly reducing the cost.  Fast forward sixty years later, and we have the modern version known as the “Cloud”, where computing is done through the internet.  Traditionally, computing was done through software downloaded to a physical location, in the form of either a computer or a server.

 

So why are so many companies switching to the cloud?  Here is a list of five popular reason why firms are taking the plunge:

• Operational Agility– which is defined by the capability of a company to rapidly change or adapt in response to changes in the market. Cloud computing allows your business to make the necessary changes based on your IT requirements minus the increase in cost.  This goes back to the whole reason why time sharing was implemented in the first place.
• Team Work Makes the Dream Work– as the saying goes. Cloud based technology gives employees direct access to one another, from virtually anywhere, at any time.  This means that your team can work together, in real-time, remotely.  The real-time aspect is key here, giving a distinct advantage over companies that have yet to experience this modern marvel of technology.  Plus, allowing employees to work from, lets say anywhere, usually results in higher employee satisfaction, thus a higher retention rate.
• Automatic software updates – is how most cloud technology is set up, for the end user that is.    These updates are now the responsibility of your service provider.  With the servers maintained off premise, service providers have a team of dedicated professionals, that help to monitor and maintain the servers.   In the past, business owners were left to handle software and security updates themselves, allocating time away from the task at hand.
• Complete Control- as it relates on the employee level, pertaining to document control. The cloud allows for one centralized location for multiple users to access and work with documentation.  Before the cloud, email was the traditional form of communication, with files being worked on by one person at a time, and being transmitted back and forth.  This can create confusion, not to mention multiple documents, at different stages of completion, being passed along.  Causing room for error.
• Security and Recovery- Cloud computing security processes should address the security needs in order to maintain the customer’s data security, privacy and compliance with necessary regulations. The processes will also likely include a business continuity and data backup plan in the case of a cloud security breach. In the case of a breach, or something more sinister, cloud based systems allow for a less costly recovery process, mainly due to the nature of the product itself.  Digital storage can cost a percentage of what physical storage of the same material could be.

 

Charlotte Payroll offers a full in-the-cloud experience that maximizes efficiency. Our SaasHR platform can be tailored for businesses of any size to run on any device. Payroll can be processed in minutes, so you can focus on running your business. Schedule an appointment with one of our sales consultants to tailor a solution that fits your needs. Contact us today at (704) 887-5511.

 

Think Your #Business is Too Small For a #Payroll #Company? Think Again.

Think Your Business is Too Small For a Payroll Company? Think Again.

 

As a small business owner, you need to save costs where you can. When you don’t have a large staff, you try to do everything yourself. It sounds good in theory. If you can handle the work yourself, you don’t need to hire anyone to do it for you. You might be thinking of the money you’ll save if you do the work yourself but you lose more than you realize. And i’s not just sleep and time with your family.

 

Time to Focus on Your Business

 

Payroll might be an important function of your business but it doesn’t increase sales or productivity. It’s a core function that has to be done but doesn’t contribute to growth. When you work with a payroll company, you have more time to market your product, increase sales, and build your business.

 

Working on payroll yourself means you have to spend valuable time worrying about paying your taxes, staying compliant, and making sure your payroll is accurate and paid on time. It’s a big job and takes up more time than you realize.

 

Access to Expert Knowledge and New Technology

 

As a small business you know what it means to learn on the go and choose basic function over new technology. For much of your business, you just need something to work and get the job done. That’s not always enough, especially in a time when employees expect more from the company they work for.

 

When you work with a payroll company you not only have direct access to the years of experience, but also our understanding of local and state legal requirements. A good payroll company keeps you in compliance. At the same time, you and your employees can take advantage of technological advancements in how payroll is processed and accessed. Direct deposit, mobile technology, and other technology is available to you through your work with the payroll company.

 

Reduce Your Costs and Your Risks

 

Payroll might not do anything to increase sales and production, but it can kill your bottom line. A payroll company, like Charlotte Payroll, provides more accurate timekeeping, keeping you from overpaying your employees. You’re also able to track employee time more accurately so you can see where, if any, time is wasted.

 

By understanding the laws and regulations better and staying in compliance, you’ll avoid violations that can cost hundreds, if not thousands, of dollars. You won’t have to worry about problems with payroll at the end of the year with the IRS or in an audit.

 

As a small business with a small staff, what you really need is a team of experts to help you navigate important tasks that directly impact your company. Think of your team like the Justice League of small businesses: you need an accountant, an attorney, an insurance agent, and a payroll company. Each one keeps you safe from potential harm and uses their powers for good, on your behalf.

 

Are you ready to add a payroll company to your team of business superheroes? Charlotte Payroll is here to help you focus on building your business. Contact us today at 704-887-5511 and let us show you how we can help you.

 

#Recruit #Smarter

 

Recruit Smarter

 

The key to having a productive, well-organized, and profitable company comes down to the people you hire. Your employees make it all work, but first you need the right employees. Recruiting new people isn’t always easy. The key to finding better talent with a little less effort is to recruit smarter. Here are a few tips on recruiting smarter and finding great employees.

 

Develop More Relationships

 

Get to know your local colleges, universities, and trade schools. Meet with recruiters and executive search firms. If different organizations know who you’re looking for, and you’ve got a good working relationship with them, they can recommend you to job seekers or new graduates looking for their next job.

 

Use the Power of Professional Associations

 

Allow your staff to join and participate in professional associations, including attending conferences and industry events. They’ll meet people who may be a perfect fit for your next opening. At the same time, consider advertising with relevant professional associations. Most have a website or a magazine. List your opening with them and you’ll hear from better qualified applicants.

 

Hire the Obvious Choice

 

If you know someone who’s done the job, had the success you want for your company, and understands the industry, hire them. And while you should always hire the person with the strengths you need, don’t convince yourself you can train their weaknesses away. Maybe you can, but it will be a long, stressful, and expensive venture. Hire the person who can clearly do the job and has the right personality for your culture.

 

Pay Competitively

 

You get what you pay for and when you pay the lowest rates, recruitment is immediately more difficult. Make sure that your compensation package is competitive and your candidate pool will grow and improve. The more you provide for your employees, the more likely you are to find employees willing to work hard for you.

 

Be Known as a Great Place to Work

 

Part of this is about pay and benefits, but company culture plays a big part, too. Your employees are your best recruitment source for new hires. Treating your existing employees well and allowing them to do their jobs in a positive environment helps your reputation. When you become known as an employer of choice, the best people in your industry want to work for you.

 

Use Your Website

 

It’s not enough to have a job listing section on your website. Use this space to highlight what you provide for employees and what you’re looking for in exchange. Talk about your vision and mission for the company. Add employee testimonials if appropriate. Make it easy for people to apply or submit their resume. This might be a candidate’s first experience with your company. Make it a good one.

 

Finding, hiring, and onboarding new employees is a big task. When you make recruiting easier and you find better candidates, your entire business benefits. Make one more part of your business easier, too — payroll. At Charlotte Payroll, we take the worry, hassle, and stress out of the entire process. Contact us today at 704-887-5511!

The #Benefits of #Promoting from Within Your #Organization

The Benefits of Promoting from Within Your Organization

 

You’ve got a new position opening up on your team, and you need to fill the spot quickly, but you want the best talent. You could post a job listing, hire a recruiter, and go looking for someone outside of your company. Or you could take a better approach and look for someone already on staff who’s ready to step into a new role.

 

Promoting from within offers plenty of benefits and, whether you realize it or not, may make your life a little easier.

 

It’s Less Expensive

 

External hires have higher salaries, receive lower performance evaluations, and are 61 percent more likely to get fired later. On top of that, it can cost an average of $4,000 to recruit, hire, and train a new employee. Save yourself the money and promote someone who’s already on the job. You get higher quality for less money.

 

They Have a Shorter Learning Curve

 

In any new position, there’s going to be a learning curve of some length. Even a promoted employee needs time to adjust to new responsibilities, new policies, and a new workload or schedule. But an existing employee doesn’t have to learn the company culture, meet new people, or figure out how the organization operates. Half of what a new hire has to learn is already ingrained knowledge for your employees.

 

You Keep Their Knowledge and Skills

 

When an employee gets bypassed for a promotion for someone outside of the company, they may start looking elsewhere. If they don’t see a future for themselves, they may take their skills and find a new job. When you promote internally, you retain all those skills to be used in their new position and later, especially when it’s time to train their replacement.

 

Employees Stay Longer

 

Give an existing employee a goal to strive for – in a good company culture where their work is valued – and you’ll retain that person much longer. Knowing a promotion is possible is a strong incentive for those seeking long-term employment and new challenges. Your employees need something to strive for and the people you’ll want to promote the most will see the potential for advancement as a worthy goal.

 

You Offer Built-In Mentorship

 

If you promote from within the company as much as possible, you’ve got an automatic mentorship program. Each employee can help the new person in their previous role. You can also function as a mentor to employees as they’re promoted, especially if the person they replace is no longer with the company. Everyone helps each other, and a good team is formed in the process.

 

Whether you’re building your team or simply keeping it strong, make sure the one thing you never have to worry about is payroll. At Charlotte Payroll, we use the latest technology and great customer service skills to make your life easier, your business more efficient, and your employees happier (because they always get paid on time and accurately). Contact us today at 704-887-5511 and find out what we can do for your company.

The Importance of Accurate TimeKeeping

The Importance of Accurate Timekeeping

 

The basics of timekeeping for non-exempt employees is simple enough. You need to know what time they clock in, when and how long their lunch break is, and what time they leave. In a perfect world, your employees work the schedule they’re given while clocking in and out at the right time every single day.

 

Those may be the basics but trying to track your employee’s time at work without a good method can cost you time, money, and efficiency. Here’s why it’s important to make sure your timekeeping system is as accurate as possible.

 

Reduce Payroll Inflation

 

A few minutes here and there every day quickly adds up. Did your employee clock in for work at 7:55 a.m. instead of 8:00 a.m.? And did they leave at 5:05 p.m.? If one employee does it on a rare occasion, the costs are minimal, but if everyone clocks in like this even once a week, your payroll will go up for no good reason or even measurable benefits. Those extra ten minutes will rarely equate to an extra ten minutes of work and productivity.

 

Reduce Spending on Overtime

 

Even with the best of intentions some overtime might be unavoidable. Getting a big job completed and shipped might be worth the cost. Giving an employee extra time to finish an important project might pay for itself with increased revenue later. Having an employee temporarily fill an empty position on top of their daily work warrants overtime pay. But it’s the small bits of overtime that accumulate when you (and your employees) aren’t accurately tracking their time that hurts your bottom line.

 

Reduce Payroll Errors

 

Anything is subject to a mistake, even an automated timekeeping system, but the latest technology decreases the chance of simple errors. Handling payroll by hand – whether recording an employee’s time or inputting that information so they can get paid – is subject to mixed up numbers, missed information, and extra time added in. It’s all unintentional, but it’s also costly too.

 

Catch Inefficiencies

 

Accurate timekeeping can also help you catch inefficiencies in performance. Maybe an employee needs more time to get a project done. Maybe the amount of time budgeted for a project was too low. Those are just project-based inefficiencies. It’s possible you have an employee who clocks in early every day so they can leave early every Friday. Leaving early might be a nice treat, but it doesn’t help your business if they leave work undone because they’ve already left for the day.

 

Control Costs

 

You know immediately when your payroll has exploded beyond your budget. But without an accurate system of tracking time, you won’t always know how. Is one department working too much overtime? Are the same people clocking in just a few minutes early or a few minutes late everyday to pad their time? You won’t know where to cut or which department to address the problem with if you don’t know where the problems come from.

 

Compensate People for the Time They Actually Work

 

Of course, it’s the law that you’re going to pay people for the time they work, but employees don’t like to feel short-changed. They know when they stayed 15 extra minutes to finish up and their hours worked should reflect it. When your employees can see their time is being correctly tracked, they don’t worry that they’ll somehow be cheated out of money or time. Good timekeeping can help morale and build trust between you and your people.

 

At Charlotte Payroll, accurate timekeeping is what we do best. Not only do we provide fast and efficient customer service, we make your job easier. If you need help getting your payroll under control or tracking it more efficiently, we can help! Contact us today at 704-887-5511.