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The Hidden Benefit to Paying Contractors in 30 Days 800 534 PayReel

The Hidden Benefit to Paying Contractors in 30 Days

Internal processes, red tape, and backlogged accounting departments make it hard to get checks in the mail. We definitely understand. Even when a practice is common among other companies, a slow corporate freelance payment policy might prevent you from working with the best people. Paying Contractors On Time Is Good For Companies We know that keeping…

How To Improve Client Relations (An Uncomfortable Take) 150 150 PayReel

How To Improve Client Relations (An Uncomfortable Take)

Olympian Abby Wambach said the thing that concerns athletes the most is when the coach ignores you. If the coach didn’t give feedback, it meant they’d given up on her. On the other hand, if she was getting coaching–even difficult or rough-around-the-edges coaching–she knew she was relevant and they believed in her. It’s time to…

How (And Why) to Give Workers What They Want Most in The COVID World 150 150 PayReel

How (And Why) to Give Workers What They Want Most in The COVID World

What’s most important to workers in the COVID world? To no one’s surprise, COVID-19 has impacted people’s career choices and preferences. A recent poll shows 53% are currently looking for a new job that would allow them to avoid offices altogether. The poll shows most respondents are doubtful that office jobs will return even after the…

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Here’s Why The Time to Fix Employee Misclassification Problems is Now 550 459 PayReel

Here’s Why The Time to Fix Employee Misclassification Problems is Now

If you’ve come anywhere near a Human Resources newsletter in the last six months, you know the government is serious about targeting misclassification of employees as independent contractors. More attention on worker classification means an already risky business is about to get riskier. Businesses like to work with contractors because it helps them avoid paying…

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Do You Really Need Payroll Services? 2560 1707 PayReel

Do You Really Need Payroll Services?

Time is money. And when you have a tendency to get buried under onboarding, vendor payment, classifying temporary employees, and other hiring details, time is priceless. Here’s a brief quiz to determine if hiring someone to handle your payroll services might be worth the investment. Ten Questions to Help You Decide if You Need Payroll Services Do you…

Managing a Contingent Workforce? Here’s Your Audit Prevention Checklist 150 150 PayReel

Managing a Contingent Workforce? Here’s Your Audit Prevention Checklist

If you work with independent contractors, you know the draw. You get to tap into outside creative resources and outsource work that is not central to your main line of business. It often allows companies to better meet budget. On the surface, the barometer for identifying independent contractors is easy. They are self-employed and hired…

The Art of Delegating: How to Multiply Your Bandwidth 150 150 PayReel

The Art of Delegating: How to Multiply Your Bandwidth

The adage goes “If you want something done, ask a busy person.” If you are the person that always gets asked, it might be time to think about how to multiply your time using the art of delegating. Engaging a partner for events, worker management, and payroll is one of the quickest ways to increase bandwidth…

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What Can Misclassifying Employees Cost You? 2560 1707 PayReel

What Can Misclassifying Employees Cost You?

The legal battle over which workers can be classified as independent contractors versus employees is nowhere near close to over. Wherever the battles land, one important fact remains: The IRS takes the practice of hiring independent contractors very seriously. That means companies should, too. Misclassification Costs Businesses Money While hiring an independent contractor is attractive…

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Misclassification: Your $358,675 Problem 2560 1707 PayReel

Misclassification: Your $358,675 Problem

Accurate worker classification is important for any company but those with a contingent workforce are especially vulnerable to making missteps. It’s a topic the Biden administration is paying attention to as well. The administration’s recent decision to rescind the “Worker Classification Rule” makes it easier for workers to argue for minimum wage and overtime protections/compensation. Big company…

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How to Prevent a Security Breach And Stay Out of The Headlines 7952 5304 PayReel

How to Prevent a Security Breach And Stay Out of The Headlines

You’ve added two-step verification to everything from your NestCam to your Einstein’s Bagels app. Maybe you’ve even frozen your credit (and your kids’ credit, if you’re super vigilant). You know a breach in your security plan could wreck your life. In business, your access to workers’ Personally Identifiable Information (PII) places an enormous responsibility on your…

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What Employer of Record (EOR) Means And How it Can Cover Your Butt (CYB) 2560 1710 PayReel

What Employer of Record (EOR) Means And How it Can Cover Your Butt (CYB)

Anyone else have a whole folder dedicated to CYB? How about a whole company dedicated to doing that on your behalf? That’s basically what an Employer of Record (EOR) is. Clients usually come to us with three main CYB dreams for payroll Keep workers happy with on-time, accurate payroll. Keep the government happy with accurate…

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How the New Administration May Affect Your Business 2560 1707 PayReel

How the New Administration May Affect Your Business

The New Administration, Worker Classification, And Protecting Your Business We’re 3 weeks into a new administration. While Biden and co get busy on their top priorities, history tells us a little of what to expect during the next four years. The bottom line is that Democratic-led governments tend to tighten up on businesses and are very…

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How to make paying contractors the easiest part of your job 2560 1707 PayReel

How to make paying contractors the easiest part of your job

Whether it’s a massive event or a one-camera shoot, when PayReel manages your projects, it’s the best for clients and workers alike. We’re devoted to making every single client and worker interaction a good one, which makes working with you mighty attractive for workers. Make your life easy and your workers happy 1. Make events…

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Audits suck: Are your independent contractors putting you at risk? 830 845 PayReel

Audits suck: Are your independent contractors putting you at risk?

There’s a battle playing out in court over which workers can be classified as independent contractors versus employees. The legal wars demonstrate one important fact for employers: The IRS takes the practice of hiring independent contractors very seriously. That means you should, too. Independent Contractors (ICs) are self-employed and hired to do a specific job. They…

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Employer of Record: what it is and who needs it most 2560 1920 PayReel

Employer of Record: what it is and who needs it most

Employer of record (noun): a) a company or organization that is legally responsible for paying employees, including dealing with employee taxes, benefits, insurance, etc. b) your secret weapon for eliminating red tape for hiring and keeping you out of court While you’re not going to find that second definition in the dictionary, it’s certainly one of the…

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You Misclassified an Employee. Now What? 4464 2966 PayReel

You Misclassified an Employee. Now What?

In the aftermath of the landmark California Supreme Court ruling, there’s much more attention on the W2 employee v. independent contractor debate. That makes it all the more important that companies don’t misclassify a worker — and more costly when they do. Here’s what you need to know about misclassifying employees: IT’S A NEW WORLD …

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Meet the team: Elizabeth Lewis 2163 2727 PayReel

Meet the team: Elizabeth Lewis

Elizabeth Lewis is a client relationship manager. If you have a problem, she has a solution. Before joining the team at PayReel, Elizabeth spent seven years working with a diverse set of clients and organizations at The Kimmel Center for the Performing Arts in Philadelphia. She has a natural passion for building relationships and spreading…

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How to Maintain Company Culture with a Remote Workforce 2281 1456 PayReel

How to Maintain Company Culture with a Remote Workforce

Pixar’s cereal bar is the stuff of legend. The famous first stop for anyone who tours the studio isn’t what the company culture is built on, but it is a noteworthy expression of a company culture that cultivates creative expression, communication, and a feeling of purpose among workers. You don’t need a cereal bar, but that feeling? That’s worth emulating.…

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Mythbusters: Two truths and two lies about worker classification 2766 2766 PayReel

Mythbusters: Two truths and two lies about worker classification

Laws around worker classification are getting extra attention right now. Some people are even expressing concern that proposed changes threaten free press. We thought it was high time to address some of the myths that get businesses in trouble. Read to the end for the super good news! Worker Classification Myth #1: After a certain amount…

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Cybersecurity—protecting company and customer information 5760 3840 PayReel

Cybersecurity—protecting company and customer information

As children, we learn to keep our valuables under close watch when we are in public. In the cyberworld, it’s harder to keep our most valuable assets protected. Unlike a wallet, our identity, data, and customers’ personally identifiable information (PII) are not tangible items that we can keep in our sight, knowing that as long…