What Is The Average Vacation Time for Small Businesses?
When starting a small business or considering working for one, it is important to consider the average vacation time for small businesses. This average can depend on lots of factors but the most common is years of service. Depending on how long an employee has worked for your business often determines the average vacation time.
Contractors Workers’ Compensation: Do They Qualify?
The distinction between traditional employees and independent contractors is becoming more complex as the business landscape continues to evolve. This complexity extends into workers’ compensation, where contractors’ eligibility is subject to various laws, state variances, and best practices. This guide will delve into contractors workers’ compensation intricacies, offering a thorough understanding of navigating this critical […]
How to Calculate Payroll Taxes for Small Business
Learning how to calculate payroll taxes for small business can be daunting. Accurate calculation of these taxes is not just a legal requirement; it’s an essential part of your organization’s financial health, which impacts everything from your bottom line to the overall satisfaction of your employees. If there are missteps when calculating payroll taxes, you […]
Obtaining Workers’ Compensation: Everything You Need to Know
Worker’s compensation is a crucial safety net designed to protect employees who suffer from injuries or illnesses due to their jobs. It ensures that workers receive medical care and compensation for their lost wages. Canal HR plays a vital role in simplifying this complex process, guiding both employees and employers through the maze of obtaining […]
How to Streamline Your Employee Administration with Canal HR
Employee administration is crucial for an organization in a world of business efficiency. The administration refers to all routine tasks that support employees so they can perform their goals each day. When your company’s employee administration is effective, the employees, the company, and the community benefit. Employee administration does not just include current employees but […]
What is a PEO Payroll Service
When running a business, numerous tasks require your undivided attention; it is important to ask yourself what is a PEO payroll service and if it’s a good fit for your business. In this guide we will explain what a PEO is, answer what is a PEO payroll service, explain how PEO payroll services work, their […]
Hammer Hazards: Expert Guide to Tool Safety
Tools are crucial in various industries, trades, and professions, enabling workers to carry out their tasks efficiently and effectively. Among these tools, the hammer is one of the most important and widely used instruments. However, even the most common tools can pose a hazard if not appropriately handled. Here, we will explain the potential hammer […]
2024 HR Resolutions
Now that we have begun 2024, businesses worldwide need to prepare to navigate the ever-evolving landscape of HR. HR practices are pivotal in determining an organization’s success in a rapidly changing environment. Here, we will delve into the top 2024 HR resolutions and illustrate how they can positively impact your business and workforce. Keep reading […]
How Many W2 Can You File?
Managing payroll and filing W2 forms is essential to running a business. Whether you’re a small business owner or run a large corporation, understanding the intricacies of W2 tax filing and the number you can file can be crucial to maintaining tax compliance. In this comprehensive guide, we will explore the factors that determine how […]
PEO Cost Per Employee
The modern business landscape, filled with many complexities, has driven companies toward finding innovative solutions for managing their internal operations. One of these solutions is using a Professional Employer Organization (PEO). But what exactly does a PEO cost per employee? What value does it add to an organization? Keep reading to learn more. What is […]
What are the Tax Rates of 2024: Louisiana Edition
If you’re an employee in a Louisiana company, you’ve wondered what’s up with the taxes exiting your paycheck. You might have noticed that your own company doesn’t administer payroll. What is a PEO, and what are the tax rates of 2024? How a Co-Employer Like Canal HR Helps Companies The PEO saves the company money. […]
Is Workers’ Compensation Reported on W2?
Workers’ compensation is a critical aspect of the employment landscape, providing financial protection for employees who suffer work-related injuries or illnesses. While workers’ compensation benefits are an essential safety net for employees, they are not typically reported on the employee’s W2 form. Understanding the W2 Form Before we delve into the specifics of workers’ compensation […]