Labor is one of the largest expenses facing the average American company. Labor costs are defined as the sum of employee wages, benefits, and payroll taxes covered by an employer. These costs can fluctuate

What Is a Pay Period?  Pay periods are defined as the periods that companies pay employees for their employment or services. They’re generally monthly, semimonthly, bi-weekly, or weekly. However

How to Pay Your Foreign Employees Technology enables businesses to work with employees around the world. However, businesses sometimes have a more difficult time paying international employees for a variet

Can You Ask an Employee to Give Up Overtime Pay? The Fair Labor Standards Act (FLSA) requires that employers pay overtime to employees. If you run a business that employs qualifying workers, you cannot ask

Whether you’re organizing finances for yourself or your business, one of the first steps is documenting your transactions. Registering expenses, income, purchased inventory, client contracts, or any othe

Employers have many options when it comes to paying employees. Some employees prefer direct deposit options, where money is deposited directly into their bank account. Other employees prefer to receive a p