Search Results for: iris
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 AugustWhat 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 of the 401K […]
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, but […]
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 are expected […]
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 2022Florida’s hourly minimum wage is $10 per hour, but on […]
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, is […]
What Paid Time Off Laws Exist for Illinois Employers?
As in many other states, businesses in Illinois must abide by a frequently shifting combination of federal and state labor laws. Paid time off (PTO) is one significant legal compliance concern that businesses must consider as they formulate their own company policies. In Illinois, there are some unique county and municipal laws regarding PTO, as […]
Global Recruitment Strategies: How to Hire Effectively
The new normal, the great reshuffle and the hybrid workplace have all been used to describe the current state of employment we’re seeing. It’s a changing world, and one that companies need to adapt to, or face losing out on top talent. This is incredibly prevalent in global hiring, where the need to attract the […]
Lease Accounting – Enterprise Solution – Contacts
IRIS Lease Accounting is a proven solution that simplifies compliance with the FASB ASC 842 and IFRS 16 standards. With its end-to-end approach to lease accounting, intelligent process automation and advanced reporting, IRIS Lease Accounting puts you and your team in total control throughout every step of the compliance process.
