Managing Employee Payroll Bonuses

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When it comes to incentivizing employees, few options are more motivating than bonuses. Employers set goals, employees work hard, and results are achieved – or are they? According to recent research, the way employees are incentivized makes all the difference. Bonuses can be set at intervals, connected to an employee’s individual goals or even in response to achievements the company itself meets. All of these factors play into how hard employees work to achieve their goals – and whether or not they feel valued for that work when goals are met. Continue reading

The IRS Wants to be Friends

shutterstock_216930013Believe it or not, the Internal Revenue Service does not want to audit your company. It’s a time-consuming, costly process that generally results in dissatisfaction all around. The IRS has actually become very consumer-friendly in recent years, connecting with business owners through YouTube, Twitter and even through resources on their own website. The IRS has a comprehensive database of resources companies can use absolutely free of charge to file tax documents properly. Continue reading

Improve Your Business with 6 Financial Tips

COME OUT ON TOP!There are a surprising number of ways established businesses can save money – and not a single one of them directly involves giving up resources or cutting back on your company’s existing bottom line. Boost your business’ financial capabilities with these easy tips for business owners and CFOs: Continue reading

The Biggest Threats to Your Business – and How to Fix Them

shutterstock_74087128Modern businesses are faced with more challenges than ever before. Gone are the days of simply exchanging goods based on mutual agreement; today, government policy, the free market, and even our own technology can get in the way of running a successful company. Protect your assets and the vitality of your business with these business tips from your partners at Padgett Payroll Services®. Continue reading

5 Business Tips for Chief Financial Officers

shutterstock_215289142The CFO plays a crucial role in the success of a business. This job is more than projecting numbers and generating P&L reports; it’s about planning for the security of the company and ensuring risks are taken in a calculated, researched way. There is no “right” or “wrong” way to practice the duties of a CFO, but there are certainly some tips that can help improve success in the field. Continue reading