Anchor Payroll Blog

How Not to Misclassify Employees

Posted by Karen Trendell on Apr 9, 2024 8:46:26 AM

So, what's the big deal? Misclassification is considered wage theft, whether you knowingly or accidentally misclassify employees. It could put your business at risk of an IRS audit for back taxes, severance and health care coverage for misclassified workers, in addition to legal fees, reputation damage, and even criminal and civil penalties.

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Topics: #HCM, #payroll #anchorpays

Should You Give Your Employees Unlimited PTO?

Posted by Karen Trendell on Jan 17, 2024 9:13:47 AM

Unlimited paid time off is a way to signal to employees that your firm is flexible about them taking time off as needed so long as it doesn't disrupt business. PTO, thus, becomes a way to reward the productive use of work hours.

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Topics: #PTO, #HCM