New Employee Documents Required, Part Two

In addition to the government or state forms required as discussed in New Employee Documents Required, Part 1, you should ensure you have some additional forms on file for each new employee you hire. Employee Manual You should have a … Continue reading

Compound Interest Story

The story of the Vizier and the Chess Board This page is designed for High School and College students to supplement an approved text with a little online learning about compound Interest. Our site contains numerous articles detailing the facets … Continue reading

Fair Labor Standards Act

Perhaps the most basic of all payroll and employment laws is the Fair Labor Standards Act of 1938 (FLSA), also known as the Federal Wage-Hour Law. The FLSA does the following: Sets the minimum wage and overtime rates Employees must … Continue reading

Unclaimed Paychecks

Unclaimed Checks and Escheat Laws It may seem highly unlikely, but the problem of what to do with unclaimed checks that are un-cashed by employees is an ongoing payroll problem. The problem arises where an employee is discharged or resigns … Continue reading