If you get paid every two weeks, then you’ve probably noticed those magical three-paycheck months. Maybe you thought your company’s payroll people made a mistake, but lucky for you—they didn’t. You get at least two bonus-paycheck months like this a year. Yes, it’s appropriate to ...
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Living paycheck to paycheck can be frustrating, especially when an emergency occurs. Wouldn't it be nice to have money in the bank to help you during tough times? While it may seem impossible, there are ways to get ahead if you live paycheck to paycheck. Whether you eat from your ...
Here’s How to Budget When You Live Paycheck to Paycheck with @TheMoneyPeach #mastersofmoney #podcast Click to tweet Show Notes [01:45] – The one thing Chris does that’s led to the biggest financial success – paying attention and budgeting. ...
Learn how to calculate the difference between gross pay vs. net pay. Discover the deductions, taxes, and withholdings that determine your take-home income.
Gross pay is what your employees make before taxes and withholdings. Calculating gross pay for salaried employees is simple. Divide their annual salary by the number of pay periods to determine the gross pay per paycheck. For hourly employees, calculate the total hours they work per pay period ...
Workers’ compensation is insurance that provides wage replacement and medical benefits to employees who get sick or hurt at work. Before you begin running payroll for employees, check into your options for workers’ compensation coverage. New hire reporting ...
Before deciding to offer this payment method, consider the pros and cons of paying your employees with a paycheck. For example, some employees may prefer the privacy of receiving paychecks because they don’t need to share banking information. But, paychecks can get lost or stolen. Time and...
After these expenses, your monthly take-home pay would be $3,305.97. If you get paid semi-monthly or weekly, divide your yearly pay by the number of paychecks you receive per year, determine your payroll deductions, and subtract those deductions from your gross pay. Try online paycheck estim...