Search Results for: iris
Everything You Need To Know About Illinois Payroll and Employment Laws
Both state labor and employment laws are there to protect workers from unfair treatment or unsafe working conditions. The federal government provides a base level of employee protection, but states have their own laws that either strengthen these protections or address other, state-specific needs. As an employer, it is your responsibility to ensure you comply […]
How Does Illinois Secure Choice Affect Your Business?
Approximately twenty-five percent of adults in the United States do not have savings for retirement. One of the reasons is that not all employers offer a retirement program to their employees. Recognizing this problem, the State of Illinois created and launched the Secure Choice Retirement Savings Program (Illinois Secure Choice). you are an Illinois employer with five […]
Pay Frequency Requirements by State
It is vital that all employers are aware of the HR and payroll laws in the US, particularly those that apply in the states in which their company operates. Amongst the employment laws that must be adhered to, pay frequency is a high concern. This is because any non-compliance with state pay frequency requirements laws will […]
Understanding Illinois State vs. Federal Prevailing Wage Laws
Federal and Illinois’ prevailing wage laws share many fundamental characteristics, but sifting through the details and requirements of each new, existing, or amended law can be a challenging and time-consuming process. To support Illinois employers with this task, we’ve compiled all of the essential information and tools your business needs to understand and address federal […]
Do Illinois Businesses Need to Hang Up Labor Law Posters?
Regardless of your business’ size, industry, or specialization, companies across the United States must ensure compliance with federal and state labor laws, including the display of labor law posters in the workplace. Labor laws frequently change on state and federal levels, which makes compliance an ongoing challenge, particularly as you address a complex range of […]
A Guide to Hong Kong’s MPF & Employer Responsibilities
Last updated 31st August What is Hong Kong’s MPF? Retirement savings schemes are an important part of an employee benefits package. In Hong Kong, citizens are required to sign up for a compulsory government retirement scheme called a Mandatory Provident Fund (MPF), implemented in December 2000 due to the aging population. MPF is the equivalent […]
Can Employers Take Lunch Breaks Out of Overtime Pay?
Federal and state policies on breaks (paid and otherwise) can be a source of confusion for many employers working to ensure labor law compliance within their business. In this article, we’ll explore FLSA and state requirements regarding lunch breaks, including implications for overtime pay and the potential problems your business can avoid through diligent and […]
Everything You Should Know About Georgia Payroll Taxes
There are many exciting parts of being a business owner: growing your vision, cultivating a culture, working with customers, and, of course, making money. For most of us, filing payroll taxes is not one of those things. As a Georgia business owner, this likely comes as no surprise. GA Payroll taxes not only impact the bottom line, […]
Information Security Assurance Statement for Direct PSI Clients
The purpose of this Information Security Assurance Statement is to provide clients of PSI Payroll Services Inc. by IRIS with transparency as to the security and personal data compliance of this service from all threats, whether internal or external, deliberate or accidental. Also, the document aims to ensure legal compliance, business continuity, minimize business damage […]
New Mexico Payroll Taxes: The Complete Guide
Among the many responsibilities business owners have, few are as daunting as managing payroll and taxes. With complicated industry jargon, confusing forms, and steep penalties, even the most experienced employer can get overwhelmed. Luckily, our team of payroll experts is here to help. In this article, we will examine the main types of payroll taxes that New Mexico-based employers […]
Florida’s Minimum Wage Increases Through 2026
Florida’s minimum wage is set to increase to $15 per hour, but it will do so by increasing by one dollar per year through 2026. Voters in the state of Florida decided this would occur via Amendment 2 to the state constitution in 2020. Florida Minimum Wage for 2022 Florida’s hourly minimum wage is $10 per hour, […]
Payroll in APAC (Asia Pacific): A Handbook
APAC, or Asia Pacific, is the geographical region that encompasses countries in and around Asia and the western Pacific Ocean. With many exciting prospects presented from business hubs such as Hong Kong and Tokyo, many businesses continue to expand into the Asia Pacific region. Integrating payroll into the Asia Pacific territory, otherwise known as APAC, […]