When an employee is let go there are usually three cash items owing to them upon exit: (1) salary up to the last day of employment, (2) any accrued vacation owing, and (3) a payment in lieu of providing notice and/or compensation eligibility for length of service.    Occasionally there can also be additional severance if [...]

Generally, one of the largest line items on a company’s income statement is Salaries and Benefits. It’s also one of the most important.
Ideally, a company’s human resources will work effectively to improve cash flow. In reality, quite often a startup’s human resources exist as a heavy overhead line item with no process to measure [...]

When new companies are starting out and want to provide employees with health benefits as a perk, the question always comes up regarding who should pay for the benefits. This seems fairly obvious (the company should pay) but there are certain situations where it is actually better if the employee pays.
Payroll ‘best practices’ are to [...]