Aatrix Payroll Reporting Blog Page 

News

All the latest news and/or announcements from Aatrix is found here.

mobile_photo

Earlier this year, the U.S. Department of Labor’s (DOL) Office of Public Affairs officially responded to whether employers could pay employee wages in cryptocurrencies. The DOL explained that regulations under the Fair Labor Standards Act (FLSA) provide that wage payments may be made in cash or negotiable instruments (payable at par). In cryptocurrency, employers cannot make base wages (salaries or minimum wages) or overtime pay. Paying bonuses and other incentive payments in cryptocurrency is a…

View Post
mobile_photo

To build efficiencies in the payroll process by eliminating paper checks, employers have used direct deposit since the mid-'70s. This effort to eliminate paper checks was always limited because many employees had no bank accounts. Since ATMs appeared, the ability to pay employees via a paycard has slowly become available.

View Post
Get this feed  
« Previous1234567...20Next »


Category List


Archive

Twitter

 Facebook

 LinkedIn