Overtime The Fair Labor Standards Act has been around since 1938. Regardless, thousands of employers fail to comply (either knowingly or unknowingly) with the FLSA overtime rules. Some violators are well-known multi-million dollar corporations. When is overtime pay mandatory? Employers must pay overtime when hours worked by a non-exempt...
Reduce the Time it Takes To Prepare for Payroll With Automated Integration That Takes the Work out of Data Entry Whether you pay your employees weekly, bi-weekly, or monthly, payroll is relentless. It seems to roll around quicker each pay period. Then it requires at least a full...
There Have Never Been More Mobile Employees Millions of small businesses rely on mobile employees. According to the International Data Corporation (IDC), the number of mobile workers in the U.S. will reach 93.5 million by 2024 and will account for 60% of the total workforce. It’s no wonder mobile...
There are several ways employees inflate their paychecks and buddy punching is one of the most expensive. With a buddy punching scheme, an employee clocks in for a “buddy” that is not at work. The employee may or may not arrive during the shift but will get paid for...
Business Financials, Inc. offers many different services for the needs of you or your business. Our mission is to help clients maintain financial viability in the present, while taking a proactive approach to achieve future goals. We hope to do this with the services we provide, some of which...
Employees are the backbone of your company, especially when it comes to running a small business. Having good relationships with your employees and keeping them feeling happy in their job not only makes it more enjoyable for them, but the overall workspace and business will thrive. Consider these few...
Starting your own business is a big undertaking. There are many factors that go into creating and running your small business, so here are a few things to remember and think about before you take the big leap. Don’t overcomplicate your ideas If you are starting your business off...
We live in a world of distractions, and the workplace is no different. When overloaded with tasks and meetings it is often very easy to get off track, and sometimes even harder to get back onto that track. Making small changes in your day-to-day work routine can help you...
If you are a small business owner, listen up. Odds are, you are great at what you do, and you know how to take great care of your clients. Equally true, is that, with a small business comes a host of accounting and financial obligations that cannot be avoided...
We’re introducing a brand new Client Portal that allows you to: – Securely send and receive documents (no password required!)– Electronically sign and submit documents– Search for specific documents– View and manage documents that are organized within a sleek, user-friendly interface Ready to use the new Client Portal? Click here At BFI, we’re...