Horizon Payroll Solutions

The days of HR as a simple payroll and timekeeping department are long gone. HR leaders are recognizing their growing influence, from business productivity to employee retention. This requires your HR team to adapt their roles and change perceptions! https://hubs.ly/Q02Kh3KY0

Roughly one-third of U.S. workers said they’re living paycheck to paycheck and have nearly no money for savings after paying their monthly bills, according to a May survey from Bankrate. High inflation, rising employee financial stress, and the post-pandemic conditions are all reasons behind the rise in instant pay benefits. Paycheck advances have been a solution for some companies, but proposed regulations may change the way earned wage access benefits are handled. https://hubs.ly/Q02H_DDD0

46% of HR professionals have been in their role for two years or less, according to a report that came out a few days ago. With this in mind, we are here to help provide any support or resources you may need to make your HR processes as smooth as possible. https://hubs.ly/Q02GdXVl0

Navigating HR compliance can be tricky, but we've got you covered! Check out our latest blog on the most pressing HR compliance issues in 2024. Stay ahead of the curve and ensure your business is compliant with the latest regulations. ?? https://hubs.ly/Q02FtPY50 #HRCompliance #BusinessTips #PayrollSolutions #HorizonPayroll

Having quick access to important documents and payroll information can play a big role in employee satisfaction! Read more about the advantages of self-service payroll systems in our recent blog. https://hubs.ly/Q02DCNdl0

When it comes to choosing a new hire, you want to get it right! Background checks can be a great way to ensure that you’re adding the best member to your team. Read our short guide here to learn more! https://hubs.ly/Q02CHRZ50

The hiring process can be tough on managers and candidates alike. While managers have a lot on their plate, potential hires might be left in the dark due to lack of communication. Here are seven things that hiring managers should keep in mind to understand the candidates experience. https://hubs.ly/Q02BqQ7B0

As a quick reminder, changes to the overtime law go into effect on July 1st, 2024. Under the updated law, the new floor for salary-exempt employees will be raised to $43,888 annually and then increase to $58,656 annually in January 2025. (Currently, the salary floor is $35,568 annually.) This means most salaried employees earning less than $844 per week will become eligible for overtime pay under the final rule.

We want to ensure you're informed about the recent changes to the overtime law from the Department of Labor. At Horizon, staying compliant with regulatory updates is a top priority, and we're here to assist you every step of the way. Starting July 1, 2024, most salaried employees earning less than $844 per week will become eligible for overtime pay under the final rule. Additionally, on January 1, 2025, this threshold will increase to $1,128 per week. With this new law set to take effect on July 1st , the new floor for salary exempt employees will be $43,888 annually and will jump to $58,656 annually in January of 2025. (Currently, the salary floor is $35,568 annually.)

Reminder: Don't forget to join us at 2pm today for our webinar about the importance of employee background screening during your hiring process. It's not too late to sign-up for the webinar: https://hubs.ly/Q02xqYPZ0