Human Resource Management
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Managing people, human capital and culture - Human Resource Management (HRM) is critical for business success. HRM Guide publishes articles and news releases about HR surveys, employment law, human resource research, HR books and careers that bridge the gap between theory and practice.

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PHR/SPHR

PHR/SPHR: Professional in Human Resources Certification Study Guide

by Sandra M Reed and Anne M. Bogardus
The Professional in Human Resources (PHR) and Senior Professional in Human Resources (SPHR) exams from the Human Resources Certification Institute (HRCI) reflect the evolving industry standards for determining competence in the field of HR. Serving as an ideal resource for HR professionals who are seeking to validate their skills and knowledge.
This new edition is must-have preparation for those looking to take the PHR or SPHR certification exams in order to strengthen their resume.
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PHR Study Guide 2017

PHR Study Guide 2019-2020: PHR Certification Test Prep and Practice Questions for the Professional in Human Resources Exam

Think all PHR/SPHR study guides are the same? Think again! With easy to understand lessons and practice test questions designed to maximize your score, you'll be ready.
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Corporate Communication

Corporate Communication: A Guide to Theory and Practice

by Joep P. Cornelissen
  Academically grounded, it covers the key concepts, principles and models within corporate communication by bringing together academic knowledge and insights from the subject areas of management and communication
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What a Pay Stub Is and Why to Keep a Copy of Paycheck Stubs

Paycheck Stubs

January 7 2020 - As a new entrepreneur, one of the hardest tasks that you'll face with the operations of your company is payroll. There's a reason why most payroll positions require an accounting degree and years of experience — it ain't easy!

If you're a budding business owner who doesn't have the budget to hire outside help right now, then you're probably wondering what exactly a paycheck stub is and why you should keep a copy of paycheck stubs.

If so, you're in the right place. In this article, we'll get you started with everything you need to know about paycheck stubs.

What Goes in a Paycheck Stub?

First things first: what exactly is a paycheck stub, and what goes into one?

The answer to that is very simple. If you spent any time in the corporate world or most any other jobs before you started your business, then there's no doubt that you already have been exposed to paycheck stubs.

But if not, then you should know that a paycheck stub is basically a record of paid wages. Every employee receives one whenever they receive pay from their employer.

There are three key elements to a paycheck stub. One, the gross pay that the employee accumulated over the duration of the pay period must be there. If hourly, this will include the number of hours worked (regular and overtime), multiplied by the hourly rate of the employee (include a 1.5x multiple for overtime hours).

Next, you need to list deductions. Take out withholdings for federal and state income taxes. You don't want to get on the wrong side of the IRS — there's no better way to kill a young startup's momentum than to do so.

Last but not least, you need to list net pay, which is simply gross pay minus the withholdings.

Why Should You Keep a Copy of Paycheck Stubs?

Every employer that issues paycheck stubs should keep copies of all the ones issued. This is because the information will be very valuable if you ever are in a pay dispute with your employee.

The paycheck stub will provide information about how many hours they worked, how much compensation they were eligible for, and what deductions from their gross pay were made. You can use this to resolve any dispute over whether or not you owe the employee more money.

To make this process simpler, use an electronic check stub maker that will allow you to house soft copies of the paycheck stubs. In this modern-day and age, there's no reason for you to use a paper-based payroll strategy when a paperless, electronic one is far easier.

Payroll Made Easy

There you have it — with this quick overview to paycheck stubs, you're all ready to start doing payroll. Remember that payroll doesn't have to be hard; if you have a solid understanding of what paycheck stubs are and make sure to keep a copy of paycheck stubs you give out, you're well on your way towards managing payroll for your company.

For more business advice, be sure to check out the rest of the articles on the website.






Successful Onboarding

Successful Onboarding: Strategies to Unlock Hidden Value Within Your Organization

Mark Stein and Lilith Christiansen
  Fact: 1/3rd of all external hires are no longer with the organization after 2 years. What can you do about it? In a word: onboarding; although poorly understood, subject to narrow definitions, and with limited best practice understanding or management rigor. Consultants Mark Stein & Lilith Christiansen have worked with leading companies on it, and they've synthesized their work into a ready to use system.
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The HR Answer Book

The HR Answer Book: An Indispensable Guide for Managers and Human Resources Professionals

by Shawn A. Smith, Rebecca A. Mazin
  The HR Answer Book addresses 200 questions that every employer needs to deal with, from recruiting and hiring to discipline and termination, compensation and benefits to training and employee relations. Accessible and concise, this on-the-job companion offers expert guidance on all types of "people" issues.
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