LocalLoans
    Facebook Twitter Instagram
    Trending
    • 5 Roles Of A Credit Analyst
    • Benefits Of Corporate Social Investment
    • How To Qualify For A Wonga Loan
    • 5 Facts About The 2019 Elections
    • Quick Ways To Check Your Credit Score
    • What Is Carbon Tax And Who Does It Apply To?
    • Ways To Consolidate Debt
    • Tips To Survive Load Shedding This Winter
    LocalLoans
    • Finance
    • Personal loans
    • Home loans
    • FNB Calculator
    • Debt
    • Financial tips
    • About
    • Contact
    LocalLoans
    You are at:Home»Business»Don’t Let Your Payroll Embarrass You
    Local_Loans_Dont_let_your_payroll_embarrass_you

    Don’t Let Your Payroll Embarrass You

    0
    By admin on February 28, 2019 Business

    Julia has just started her own small business and is working on ensuring that all of the systems she has put in place are efficient. Her business’s payroll process is an important cog in the machine, no matter which way she looks at it.  

    As a small business owner you don’t want to let your payroll embarrass you.  

    This means taking the necessary measures to ensure that you keep payroll records up to date. This will go a long way towards avoiding common mistakes. If staff is not paid on time, this will have a negative effect on the business’ reputation.  

    Penalties for errors are high, so it’s important to use accurate payroll systems and accounting. 

    If you let your payroll embarrass you, there is a high chance that this will have a negative effect on staff retention and the reputation that is created about your business.  

    For Julia, ensuring that she has an efficient system means that she is willing to find the best ways to track leave start and end dates. She has to understand tax implications and has to make sure that employees are provided with the benefits for which they are eligible. 

    Meeting important deadlines is key. This also includes checking rules for contractors or freelancers.  

    Julia may also consider involving staff in payroll decisions. So if she asks if payments made fortnightly may be better than monthly payments, then she has to consider what it will take to make that happen in the most efficient way possible. 

    She has to be careful about choosing payroll software.  The system that she opts for must be efficient and simple enough to use.  This will make sure that she stays organised.  

    Share this:

    • Facebook
    • Email
    • LinkedIn
    • Twitter
    • Print
    Don't-let-your-payroll-embarrass-you Payroll Payroll-embarrass-you
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleUnderstanding Personal Loans
    Next Article What Is Payroll Processing?

    Related Posts

    Understanding The Credit Behavior of Consumers in SA

    The Basic Rules Of Entrepreneurship

    Improving Staff Retention: How Your Payroll Is Affecting Your Employees

    Leave A Reply Cancel Reply

    nine + 11 =

    Free Secure Online Loan Application

    Recent Posts
    • 5 Roles Of A Credit Analyst
    • Benefits Of Corporate Social Investment
    • How To Qualify For A Wonga Loan
    • 5 Facts About The 2019 Elections
    • Quick Ways To Check Your Credit Score

    Free Secure Online Loan Application

    Recent Posts
    • 5 Roles Of A Credit Analyst
    • Benefits Of Corporate Social Investment
    • How To Qualify For A Wonga Loan
    • 5 Facts About The 2019 Elections
    • Quick Ways To Check Your Credit Score
    In the News
    • Capfin Loan Calculations
    • Loans Without Affordability Checks
    • Woolworths Sms Account Application
    • Apply for a Capitec Loan Online
    © Copyright 2022 Local Loans

    Contact Local Loans
    About Local Loans
    Privacy Policy

    Quick Online Loans

    Recent Posts
    • 5 Roles Of A Credit Analyst
    • Benefits Of Corporate Social Investment
    • How To Qualify For A Wonga Loan
    • 5 Facts About The 2019 Elections
    • Quick Ways To Check Your Credit Score
    Recent Posts
    • 5 Roles Of A Credit Analyst
    • Benefits Of Corporate Social Investment
    • How To Qualify For A Wonga Loan
    • 5 Facts About The 2019 Elections
    • Quick Ways To Check Your Credit Score
    © 2022 LocalLoans.

    Type above and press Enter to search. Press Esc to cancel.