Stay Safe - Payreel
Mitigate Workers’ Compensation Risk in Four Steps 2560 1707 PayReel

Mitigate Workers’ Compensation Risk in Four Steps

Just like any other insurance, workers’ compensation is a “just in case” plan you hope you’ll never need. But if you do need, it’ll save your butt a million ways and you’ll be so glad you have it. Workers’ compensation provides wage replacement and medical benefits to employees injured in the course of employment. Employers…

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4 Skills That Increase Your Hireability 5760 3840 PayReel

4 Skills That Increase Your Hireability

Freelancing is a balls to the wall, pride-swallowing siege. How do you make business yours when it seems every other freelancer is fighting for it, too? One way is to solve the problems clients have (the ones they called you about) and then go even further by solving the ones they haven’t even thought about yet.…

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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…

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The Road to IRS Hell is Paved With Preventable Mistakes 2560 1707 PayReel

The Road to IRS Hell is Paved With Preventable Mistakes

A case involving embezzlement, tax liability, and good intentions added up to a nightmare for one man. Dr. Robert McClendon’s story proves there’s no amount of caution too intense when it comes to payroll tax liability. IRS Mistakes Cost Big (Even When They’re Not Your Fault) In a sobering case reported in Forbes, a man…

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…

Do you know if you need to pay local taxes? 150 150 PayReel

Do you know if you need to pay local taxes?

If you don’t, it might be time to hire a payroll service. Would you rather think about federal, state, and local (yes, local—such as in NYC and LA) taxes more or less? A) More B) Less If you answered A, you have found your life’s work: Become a CPA and you can spend your days researching tax…

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The Two Most Important Ways to Earn Temporary Workers’ Trust And Loyalty 2560 1707 PayReel

The Two Most Important Ways to Earn Temporary Workers’ Trust And Loyalty

If the internet was the spark that started the digital revolution fire, COVID-19 certainly fanned the flame. Humans did what we do. We stretched our resources to adapt to the new reality. Technology carried the flag and enabled many companies and workers to stay afloat with remote workplace solutions. But, as always, technology has limits.…

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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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The Absolute Non-Negotiable When Direct Sourcing 2560 1707 PayReel

The Absolute Non-Negotiable When Direct Sourcing

It’s easier than ever for companies to use their own talent pool to meet their contingent workforce needs. Direct Sourcing allows businesses to place workers on a temporary basis, while keeping the best workers in the pipeline between projects. Direct sourcing is a great tool in the toolbox for contingent workforce management, but companies must…

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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…

Teaching - Payreel
How Apprenticeships May Be the Key to Your Talent Problem 2560 1707 PayReel

How Apprenticeships May Be the Key to Your Talent Problem

It’s easy to think about apprenticeships as a relic of bygone years for cobblers and philosophers. But it does have a place in today’s world, albeit with a modern understanding and application. An apprenticeship is “a position as an apprentice: an arrangement in which someone learns an art, trade, or job under another.” Historically, apprenticeships have been a…

The Counterintuitive Policy That Saves Businesses Big Money 150 150 PayReel

The Counterintuitive Policy That Saves Businesses Big Money

For small businesses, cash flow is king, queen, and the American dream. While big businesses’ budgets tend to be a little more forgiving, small businesses and contractors have much less room to handle delayed payments or unexpected expenses. That’s in the best of times. Throw a little thing like a pandemic into the mix and…

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The Most Expensive Marketing Mistake You Can Make 900 633 PayReel

The Most Expensive Marketing Mistake You Can Make

A marketing director, we will call Judy, with a nonprofit we shall call Suffer No Fools, came to a crewing company upon recommendation. She was skittish. After they talked through her options and how one of our vetted crews would go about telling the nonprofit’s story, she softened. Finally, she revealed why she was skeptical.…

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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…