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What NJ Employers Need to Know About Employee Salaries in 2020

January 20, 2020 | posted by Abacus Payroll
As a business owner, recruiting, interviewing and hiring new employees is nothing new. However, new state legislation may very well impact your hiring process—and the penalties of not abiding are costly. In an effort to strengthen equal pay protections for Garden State workers, two bills have gone into effect: 2018’s New Jersey’s Equal Pay Act […]
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Adding Your Children to Payroll

May 9, 2017 | posted by Abacus Payroll
Adding Your Children to your Business Payroll
Have you considered hiring your own children to help manage or add support to your small business? From farms and agriculture businesses to family restaurants and corners shops, children can gain experience, a sense of responsibility, and a little extra cash by joining in on a business for a few hours each week. From a […]
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What to Do if You’ve Accidentally Overpaid an Employee

November 14, 2016 | posted by Abacus Payroll
Abacus Payroll Overpaid employee paycheck
Of all the acceptable mistakes one can make, those involving numbers and other people’s money rank highest in the “oops” category. Payroll mistakes are actually quite common, with around a third of employers making noticeable errors in their calculations; thankfully, the process is entirely reversible. Here is a quick breakdown on what to do if […]
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Establishing a Pay or Salary Raise Budget for Your Business

June 1, 2016 | posted by Abacus Payroll
payroll success setting a pay raise budget
Whether you need to plan employee raises in order to comply with the new overtime rules, or if implementing annual salary increases is part of your company’s compensation package, the following will advise you to think strategically about these higher labor costs your business is expecting to incur.   After a year of successful business […]
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