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All posts in payroll

Mental Health in the Workplace: 55% of CEOs and 65% of Gen Z Report Mental Health Issues

Businessolver’s 2024 State of Workplace Empathy Study, which surveyed more than 3,000 CEOs, HR professionals, and employees, paints a concerning picture: mental health is declining sharply among some employee segments. Overall, 55% of CEOs and 50% of employees cited a mental health issue in the past year, with Gen Z . . . Read more

Can Switching Payroll Software Reduce the Risk of Underpaying Employees in Australia?

Talk to risk and compliance expert Tom McLeod, and he will tell you employers have two main responsibilities when it comes to their employees. The first is to keep them safe while at work. The second? To pay them appropriately and accurately. While health and safety has improved in Australia . . . Read more

6 Best Employer of Record Services for 2024

Workforces have really flung themselves out to the four winds in the last few years, haven’t they? Distributed and asynchronous teams are now almost the default in some industries. These remote teams offer enormous opportunities for companies, from diverse skill sets to competitive wages. But remote teams also create a . . . Read more

5 Best QuickBooks Self-Employed/Solopreneur Alternatives

Intuit QuickBooks is a household name, but its Solopreneur edition can be pricey and complicated. Fortunately, lots of alternatives exist. Wave Accounting is a great all-around winner. For niche needs, FreshBooks and others serve freelancers and smaller entities well. Let’s discover your best alternate options for QuickBooks Solopreneur. Is Solopreneur . . . Read more

10-Step Guide to Closing Your Books at the End of the Year

For small business owners, the end of the year means sealing up loose ends financially. This process is known as “closing the books” in accounting. Ensuring every dollar attributed to one year is recorded accurately is crucial to avoid making the new year inaccurate. The best accounting software, like QuickBooks . . . Read more

Top 6 QuickBooks Online Alternatives and Competitors for 2024

In the sector of financial software, Intuit Quickbooks is an industry heavyweight. And whenever a brand has that kind of preeminence, it’s often difficult to remember that there are alternatives or that the incumbent isn’t always the best option. But if QuickBooks isn’t quite the one for you, we’ve put . . . Read more

Why It’s Crucial to Classify Your Employees Correctly (1099 Contractors vs. W-2 Employees)

In the United States, W-2 is the standard employee classification, while 1099 contractors are independent freelancers, contractors and other short-term workers. Misclassifying a W-2 employee as a 1099 contractor carries hefty financial, legal and sometimes even criminal penalties — but figuring out the difference between 1099 contractors vs. W-2 employees can . . . Read more

5 Best Employee Management Software for 2024

Best for hiring and onboarding: BambooHR Best for a deskless workforce: Connecteam Best employee management with flexible payroll: Paycor Best for global teams: Deel Best for performance management: TriNet Employee management software centralizes HR processes and workflows, ideally streamlining everything in a single platform. Employee management software encompasses many different . . . Read more