#payroll

HCM Unlocked

Nov 23
1 min

FTE Calculation

The calculation of full-time equivalent (FTE) is an employee's scheduled hours divided by the employer's hours for a full-time workweek. When an employer has a 40-hour workweek, employees who are scheduled to work 40 hours per week are 1.0 FTEs. Employees scheduled to work 20 hours per week are 0.5 FTEs. “Employers may use the FTE calculation for different purposes, such as benchmarking revenues or profits per employee. Converting hours worked by part-time employees into full

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IRS Raises 7 Federal Income Tax Brackets for 2023

HCM Unlocked

Oct 27
1 min

IRS Raises 7 Federal Income Tax Brackets for 2023

The IRS raised the top amounts of all seven federal income tax brackets for 2023, which could increase the paychecks of many employees by taxing more of their earnings at lower rates and influence employee decisions on paycheck withholding amounts. By the start of the new year, U.S. employers should: Adjust their payroll systems to account for the higher taxable wage base under the Social Security payroll tax. Notify affected employees that more of their pay will be subject t

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HCM Unlocked

Oct 7
1 min

Issuing Final Payments?

“HR professionals must execute many tasks when employees leave the company by choice or are terminated. One of the most important items to get right is final payments to departing employees.” It can get complicated, however, because the rules for last paycheck payments vary from state to state. For example, in California, final checks must be given upon termination or within 72 hours if the worker resigned. Whereas Florida has no laws regulating final payments when an individ

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HCM Unlocked

Sep 30
1 min

Is On-Demand Pay A Good Idea?

“Research suggests that more than 60 percent of U.S. workers would like to be able to access their earnings before their regularly scheduled paydays. Responding to this desire, many employers now offer so-called on-demand pay arrangements that allow employees to receive their wages the same day they earn it. While this may be a valuable recruiting and retention tool for employers, the immediate availability of wages carries with it certain tax implications for employers that

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How many people can say they are looking forward to their next payroll run?🙋🙋🙋

HCM Unlocked

Jan 15, 2021
1 min

How many people can say they are looking forward to their next payroll run?🙋🙋🙋

#hcmunlocked #payroll

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Five Important Business Lessons To Apply In Difficult Times

HCM Unlocked

May 9, 2020
3 min

Five Important Business Lessons To Apply In Difficult Times

Every difficult situation creates an opportunity if you’re willing to look for it. The COVID-19 pandemic is no exception to that. Due to the economic impact of the virus, companies have had to transform how they conduct business on the fly. The lengths to which each organization has to adapt varies based upon their state prior to the pandemic. While every business and industry is different, these lessons can be applicable to everyone in some manner. Those who are the most ada

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HCM Unlocked

May 9, 2020
1 min

Steps to maximize your PPP

See below on more information on how to avoid being on the financial hook for your loan. For additional questions, contact the team at HCM Unlocked. www.hcmunlocked.com #HCMUnlocked #Payroll #HR #PPP

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HCM Unlocked

Apr 22, 2020
1 min

Quick notes on the EE Retention Credit

www.hcmunlocked.com #Covid19 #hcmunlocked #hr #payroll #webinar

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HCM Unlocked

Apr 22, 2020
1 min

What does and does not qualify for a tax deferral under the FFCRA guidelines?

www.hcmunlocked.com #Covid19 #hcmunlocked #hr #payroll #webinar

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HCM Unlocked

Apr 22, 2020
1 min

Figuring out FMLA

www.hcmunlocked.com #Covid19 #hcmunlocked #hr #payroll #webinar

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HCM Unlocked

Apr 21, 2020
1 min

BEWARE: How to avoid the costly mistake of incorrectly calculating rate of pay for FFCRA leave

www.hcmunlocked.com #Covid19 #hcmunlocked #hr #payroll #webinar

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HCM Unlocked

Apr 21, 2020
1 min

FFCRA Guidelines: Who is entitled to these types of leave?

www.hcmunlocked.com #Covid19 #hcmunlocked #hr #payroll #webinar

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How to Protect Your Organization | HR Practioner Guidelines

HCM Unlocked

Apr 14, 2020
1 min

How to Protect Your Organization | HR Practioner Guidelines

Need additional assistance? Contact the team at HCM Unlocked today. www.hcmunlocked.com #HCM #HR #PAYROLL #COVID19

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HCM Unlocked

Mar 8, 2020
1 min

Spend More Time Selling

Independent implementation professionals survive and thrive on delivering positive results for their customers on time and within budget. Sales reps who have a relationship with a trusted implementation partner can reduce time spent managing accounts through go-live and beyond, leaving them free to focus on generating new sales. Sales professionals who excel at prospecting and closing new deals will create the greatest value when they can spend most of their time on those

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Faster AND More Accurate Payroll/HR Implementations

HCM Unlocked

Feb 24, 2020
1 min

Faster AND More Accurate Payroll/HR Implementations

The technology landscape is littered with examples of projects that have fallen short of expectations, or worse yet, have failed altogether. According to the Society for Human Resource Management (SHRM), over 70% of payroll/HR implementations are considered a failure. Of the customers that are successful, many are under-utilizing their systems’ capabilities. Research indicates that the vast majority of failed technology projects result from poor management or lack of execu

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Smart Software Companies Have Used Third Party Specialists for Decades

HCM Unlocked

Feb 12, 2020
2 min

Smart Software Companies Have Used Third Party Specialists for Decades

The concept of 3rd party specialists might feel like a growing trend in the HCM market, but it’s been successfully deployed for decades with leading software companies. Some of the largest and most successful companies in the technology sector use certified partners to implement and manage complex projects for their customers. And they have good reason to do so; companies that employ a channel strategy can extend their reach, leverage a vast pool of outside expertise, and in

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ADP WFN CLIENTS: You have until Feb. 6th to take action if you need more time for 2019 ACA Filings!

HCM Unlocked

Feb 3, 2020
1 min

ADP WFN CLIENTS: You have until Feb. 6th to take action if you need more time for 2019 ACA Filings!

For clients that have ADP’s ACA Module, 1095-C’s can be placed on a further hold status in ADP WFN by selecting: Process>ACA>ADP Health Compliance> “Manage Forms” from the Form 1095-C tools drop-down menu. Select “Hold ALE” for those companies that you wish to place on hold. NOTE: You will need to come back and remove the hold status in order for the forms to process as ADP will not automatically “drop the hold” on a particular date. *Please contact us at info@hcmunlocked.co

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HCM Unlocked

Dec 30, 2019
1 min

ADP ACA Case Study

Background: 300 employee restaurant management company using BenefitMall payroll. Client was facing over $150,000 in ACA penalties that the ADP DM was able to leverage into a conversation about upgrading their HCM technology. Situation: The client was understandably unhappy with their current HCM vendor but had to tackle the larger issue of a six-figure IRS penalty before they could address anything else. HCM Unlocked was hired to correct the mistakes in two years’ worth of 1

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ADP DM turns a “NO” into 150k in Roll Call

HCM Unlocked

Nov 14, 2019
1 min

ADP DM turns a “NO” into 150k in Roll Call

Background: 500 employee, multi-EIN, hospitality management company with plans to double in size over the next two years. The client was previously using two HCM vendors spread across their EINs and was looking to consolidate to one. Situation: Client was exploring the HCM technology market and the ADP DM was in a highly competitive sales process. The client was trying to stick to a budget and ADP was not the cheapest option presented, but price was not the primary objection.

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HCM Unlocked

Oct 30, 2019
1 min

Professional Services | Case Study

Background: 800 employee Professional Services Management company with a portfolio of more than 50 practices. The client was previously using Ceridian as their HCM vendor but decided that moving to ADP WFN would be a better fit for their goals. Situation: The client opted to implement in stages, with the first deliverable being payroll and time & attendance, but deadlines were missed due to a lack of internal resources. The implementation stalled and was at risk of no-startin

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