When does it make sense to outsource payroll services? In recent years, this has been a popular question for companies of all sizes. Ultimately, it is a decision you have to make for the betterment of your own business. But when you hire a payroll company like LCAF Payroll to handle it, we take care of all your payroll pains and headaches. Read more
A bonus is a payment that’s in addition to an employee’s salary. There are various types of bonus arrangements. Most common is merit-based — an individual earns a bonus based on performance. Sometimes, though, an incentive is based on how well the company is doing or a combination of the individual’s and the firm’s achievements. Read more
Unexpected life expenses happen to us all. Whether it’s a medical bill, car issues or some other legitimate expense, these unforeseen bills can be stressful and difficult for any employee to take care of. When employees are put in this position, it helps if their employer can assist with loan advances. Read more
Workers’ compensation audits—what are they and what do they mean for your business? Simply, they’re a yearly audit on your workers’ compensation insurance policy. The audit’s purpose is to ensure your business paid the correct amount in insurance premiums based upon the gross wages in a policy period. Read more
Day in and day out, your employees live busy lives. They juggle competing responsibilities that quickly fill up their calendars and eat away at their time. Any way that business owners can help lighten their load will go a long way to garner the employees’ appreciation. Perhaps the easiest means of accomplishing this comes in the form of a direct deposit. Directly depositing your employees’ pay into their bank accounts can save them the hassle of rushing to the bank before closing time when they have other items they could attend to. Read more
At LCAF Payroll Services, we understand that unpaid employees are also unhappy employees, and unhappy employees hurt the bottom line. Paying your workers on time and in the correct amount is perhaps the simplest and most important way to keep up morale and productivity. Read more
