The Colorado Secure Investment Savings Program (CSSP) is a new retirement investment fund initiative designed to aid Colorado workers in saving for their retirement. The program was established following the passing of the Colorado Secure Savings Act by the state legislature in 2021. For comprehensive details on the CSSP, more details can be found on…
Every organization must pay its employees. A specific payroll process helps keep the payment process simple and timely. While some smaller organizations have no issue with payroll processes, others need to work with a payroll company to make everything smoother and cheaper. Payroll companies play a significant role in organizations. Once you start working with…
Payroll processing is among the most essential yet difficult business processes. Every business, regardless of size or industry, has one feature: they all have to process payroll for their staff. Gathering employee time information and managing pay are typical steps in payroll processing. Most businesses process payroll using a payroll software system. Others opt for…
Company policies and procedures are essential in running a successful company. While the core elements of the procedures and the policies might remain the same, the details contained in them should change according to your organizational needs and standards. Moreover, you must align your company’s policies with the company’s vision, mission, and values. Finally, company…
Setting up a payroll system for your business is more than just crunching numbers. It involves everything from setting up your business as an employer to paying your workers, taxes and other applicable expenses. As a small business, you might have focused on setting up your products or services and sidelined important operational functions such…
Streamline your business operations and efficiency with our payroll outsourcing services. What is payroll outsourcing and how can it help my organization? Concurrent HRO provides this service to handle all aspects of payroll for your business. Some jobs this service can provide are calculatinge salaries, deducting applicable taxes, writing and distributing paychecks, and maintaining a detailed record of every pay period. This will provide a comprehensive payroll service solution to the organization …
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