Monday, August 27, 2012

Payroll Gender Differences(Infographic)



Infographic provided by:
http://www.joselise.com/wp/2010/10/19/payroll-by-gender-infographic/

This infographic shows the difference in payroll between the sexes in the U.S.

More articles about payroll:
10 Types of Payroll Fraud
10 Tips to Get a Bigger Salary
Infographic: Explaining the Payroll Tax Cut to Small Businesses
Baker's Dozen of Common Payroll Mistakes
Infographic: Payroll And Tax Deductions

Payrollbuilder is an online payroll service, which makes it simple to use and easy to access. To employers who have workers out on work sites, with a single purchase you can have your employees clock in from their phones and you will be alerted to where exactly they where when they clocked in. We protect your wages and follow all the tax laws to the fullest extent. We want to serve the Natural State, and are ready to serve you in Fort Smith, Little Rock, Russellville, Fayetteville, and everywhere else in Arkansas and the U.S. Visit our website for more information!

Friday, August 10, 2012

Wasted Time in the Workplace Infographic

Wasted time in the workplace is a massive problem. How big is exactly unclear, but from our research, the cost to business is in the millions (if not billions) in lost productivity every year. The infographic below explains just how much time we waste at work, the ways we waste it, and how businesses are grappling with the issue. The results are surprising, if not alarming:
Click on the image below to view the full infographic

Time Management Software
Time Management Software
 
Payroll Builder is an online payroll service, which makes it simple to use and easy to access. To employers who have workers out on work sites, with a single purchase you can have your employees clock in from their phones and you will be alerted to where exactly they where when they clocked in. We want to serve the Natural State, and are ready to serve you in Fort Smith, Little Rock, Russellville, Fayetteville, and everywhere else in Arkansas and the U.S. Visit our website for more information!

Please leave a comment if you liked the infographic!

Friday, August 3, 2012

10 High Paying Jobs With High Satisfaction

Visit our payroll website
People are generally happiest in their jobs when they do something fulfilling or that they are passionate about. Confucious says, "Choose a job you love, and you will never have to work a day in your life." Love doesn't run the world though, money does(unfortunately.) All of these jobs listed not only pay very well but also have reportedly high satisfaction ratings.

User Experience Designer
Average Annual Pay:$79,100
These specialized designers are the ones behind the user interfaces and other elements that make the things we interact with every day more "user friendly." This can be anything from making a website more visually appealing to making your car's buttons and dials easier to distinguish and operate.

Since this job usually has you running the show, you don't have to worry about the stress of doing things you don't want to do. Sounds like a great career to me!

An example of your work as a Designer
Interior Design Director
Average Annual Pay:$79,300
Good interior design has become a staple in almost every building that has people in it! It has been shown that great interior design contributes to increased productivity, market value, and personal well-being. This career is rapidly growing in popularity and competition, so be ready to put your best designs forward and stick to your guns.

Using your design talents on a daily basis and enriching people's lives through your creations is a great feeling. Take a career in design and you can feel that every day you go in to work. Not a bad salary to top it off, either!
Need a payroll program?

High School Principal
Average Annual Pay:$82,200
Principals often get a bad rap for being all fire and brimstone, but not only keeping the students in line in addition to supervising the faculty AND keeping the parents happy is a monumental task. There are several hoops you have to go through to attain this position, but the job can be very rewarding if you are personally invested in your community and are eager to shape young peoples' minds. This job should be in very high demand within the next couple of years, because most principals will be retiring.

Aeronautical Engineer
Average Annual Pay:$82,800
Ever since the sad tale of Daedalus and Icarus was told right up to when the Wright Brothers learned how to show humans can fly, people have been around to try to expand on this phenomenon. Only for a little while in Human history has this career been given a proper name: The Aeronautical Engineers. These inventors of the world have been hard at work to modernize that same effort. If you share this timeless passion you can join their ranks, and continue the legacy that Humankind has been trying to attain since the events have been recorded and passed down through generations.

Economist
Average Annual Pay:$85,600
If you're a number-cruncher and you love organizing and quantifying things, you may have a calling to be a natural Economist. People value things like their money, the world's natural resources, and even how they spend their time so much. Enough to hire someone and pay them to predict what may hold for those items and others. This is one of the cushiest government jobs you can get, and one of the most important for preventing global starvation or thirst, or predicting the crash of our economy. All in a day's work for the everyday economist!
If this is your passion, go for it!

Nonprofit Organization President
Average Annual Pay:$89,500
Being not only in charge of a great cause, but also leaving a great impact on the world are just two of the great achievements you strive for every day being president of a nonprofit organization. The other benefit is you receive just under 6 figures of income!

Materials Scientist
Average Annual Pay:$90,600
People who find alternatives to the toxic chemicals we use every day are at a premium. If you have an urge to find out what things are composed of and are great at thinking outside the box. If you have a strong affinity for making new products and finding new uses for things that most people would throw away, you might be able to make a great living off of that passion!

Optometrist
Average Annual Pay:$99,200
In this field you'll be finding out peoples' vision problems, and helping with eye-related diseases. With people staring at computer screens all day, the Optometry field is booming, and with a good work ethic you can get a piece of that lovely pie.
Helping people is awesome!

Nurse Anesthetist
Average Annual Pay:$152,000
In addition to a 6 figure pay salary, you get the personal satisfaction of helping people deal with pain, and getting them relief from it. Your job is well structured and you are always in demand. Definitely a great field if you want to make money but also help people who are hurting!

Accounting Firm Partner
Average Annual Pay:$164,000
This job is great for people who like numbers but want to make more than an accountant. You must pass a special exam to become certified, but when you do, you'll be plunged deep into a field of study that is rapidly growing. The pay doesn't hurt, either!


Sources:
Other Articles About Jobs:

Payroll Builder is an online payroll service, which makes it simple to use and easy to access. To employers who have workers out on work sites, with a single purchase you can have your employees clock in from their phones and you will be alerted to where exactly they where when they clocked in. We want to serve the Natural State, and are ready to serve you in Fort Smith, Little Rock, Russellville, Fayetteville, and everywhere else in Arkansas and the U.S. Visit our website for more information!

Please leave a comment if you have any other information on these careers or general career advice to our youth and those that are looking for a job that pays well and leaves you feeling well!

Thursday, July 12, 2012

How to Choose a Career That Is In Demand For Your Future

I personally would have loved to have a compendium like this whenever I was choosing my career. Rather than research careers that were in demand at the time, I chose to go to college for what I love: art. Since I am not preparing french fries or flipping burgers (jobs are at a premium now, so I am not devaluing people in the food industry) I consider my Bachelor's Degree in Graphic Design well spent as it gave me a job as a webmaster. My student loans are paid off (thank God I won't be paying them until I'm retiring) and I can focus on paying for my daughter to live well and be taken care of.

It is becoming increasingly difficult to find a career that will give you job security in this shaky and volatile job market. Layoffs are happening all the time. Making a choice for not only the present, but the future as technology becomes more advanced, is a daunting task. In order to aid you through your own career-building process, I have researched several websites and found the college degrees that are in highest demand, the fastest growing industries in our society, this years most in demand careers, and ten skills that are in highest demand in computer and technology-based fields of study.

The Top 5 College Degrees In Highest Demand
  1. Business Administration:
    starting salary: Associate's: Human Resources $49,821
    Bachelor's: Project manager, Construction $76,908
    Master's: Health Care $111,477
    PhD: Doctor of Philosophy in Organization and Management $150,000
  2. Engineering:
    starting salary: Electrical Engineering: $103,350
    Chemical Engineer: $106,670
    Aerospace Engineer: $108,750
    Oil and Gas Engineer: $157,480
  3. Computer and Information Sciences:
    starting salary: Associate's: $30,000
    Bachelor's: $50,000
    Master's: $60,354
    PhD: $98,179
  4. Accounting:
    starting salary: 0-1 years experience: $45,500
    1-3 years: $54,750
    Senior: $68,250
    Manager: $82,500
  5. Economics:
    starting salary: Associate's: $48,483
    Bachelor's: $57,000
    Master's: $80,000
    PhD: $96,000
Top 5 Fastest Growing Industries
  1. Management, scientific, and technical consulting services
    Growth: 83%
    Degree Examples: Management Program Human, Resources Degree, Environmental Science Degree
  2. Source
    Services for the elderly and persons with disabilities
    Growth: 74%
    Degree Examples: Human Services Degree, Social Work Degree
  3. Offices of physical, occupational and speech therapists and audiologists
    Growth: 56%
    Degree Examples: Physical Therapy Degree, Occupational Therapy Degree
  4. Data processing, hosting, and related services
    Growth: 53%
    Degree Examples: Computer Science Degree, Networking Degree, Systems Administration Degree
  5. Home health care services
    Growth: 46%
    Degree Examples: Nursing Degree, Adult Health Nursing Degree, Nurse Midwife Program
Top 5 In Demand Careers In 2012
  1. Office Careers
    All businesses need administrators, and it's your job to keep the office working at maximum efficiency. Choose your office carefully, and gain as much professional work experience as you can to improve your earnings.
    Example Degrees: Business Administration, Medical/Clinical Assistant, Administrative/Executive Assistant
  2. Healthcare Careers
    There is not enough healthcare, so there will always be a demand for healthcare careers. If you want to skip medical school enroll in the nursing program. There are also more technological positions, and a degree in ultrasound tech, medical billing, and radiologist technology are all needed in our hospitals.
  3. Technology Careers
    With our dependance on technology being so prevalent across all forms of business, this career is almost guaranteed to be around for a long time. You can be introduced to this career even earlier than a 4-year degree by applying at a trade school or technical college.
  4. Creative Careers
    Over the years art and technical jobs have been merging. Graphic designers(like me) are in more fields of work than ever before. We don't just do graphics work now, we also do websites and information technology. In order to stay more in the artist and conception parts of graphic design, outsourcing and freelancing has become the staple of graphic designers' income.
  5. Sales Careers
    If you're a people-person and have a knack for public speaking, a career in sales may be right up your alley. There will always be a demand for people with, “the gift of gab” to sell a company's merchandise or services. A marketing or merchandising degree will be a great way to get some reputation, but most salespeople will tell you, “you either have it or you don't.”
Top Ten Skills In Demand For Technology Jobs
  1. Java/J2EE Developers
  2. Software Developers/Engineers
  3. Mobile Developers
  4. Net Developers
  5. Project Managers
  6. Web Developers
  7. System Engineers/Administrators
  8. Network Engineers/Administrators
  9. SAP Professionals
  10. Business Analysts

Use this knowledge wisely, and make sure when you make a decision about your career you're serious about it. Confucious once said, “Choose a job you love, and you will never have to work a day in your life.” Make sure you choose something you're prepared to do for the rest of your life, and always do your best at whatever you do. Most things in life don't have do-overs.

If you liked this article, here's another about work and jobs:

Payrollbuilder is an online payroll service, which makes it simple to use and easy to access. To employers who have workers out on work sites, with a single purchase you can have your employees clock in from their phones and you will be alerted to where exactly they where when they clocked in. We protect your wages and follow all the tax laws to the fullest extent. We want to serve the Natural State, and are ready to serve you in Fort Smith, Little Rock, Russellville, Fayetteville, and everywhere else in Arkansas and the U.S. Visit our website for more information!

Please leave a comment if you have any other information on these careers or general career advice to our youth and those that are looking for a new career!


Thursday, July 5, 2012

10 Types of Payroll Fraud


Unfortunately there are many types of fraud your employees(and supervisors) have been discovered using over the years through the daily punch of the time clock. The scariest part is this list is by no means comprehensive, as there could be other forms of fraud that employers may have not even discovered yet. Don't let your business fall victim to these crimes, and make sure anyone you find using these questionable business practices are disciplined or replaced to prevent further fraudulent actions. The good news is most of these can be prevented with accurate record keeping and proper employee and managerial rotations.

Not Paying Back Payroll Advances
Even if you legitimately forget about your payroll advance, it's considered stealing and fraud to not pay it back. No one on your payroll can get away with this if you keep proper records whenever an employee is granted an advance. Repayment must always be closely monitored as well to make sure the debt is paid in full. With proper staffing practices and recording methods, this form of fraud is easy to find and rectify.

Buddy Punching
Worry about this employee too, though!
Source



This is one of the methods of fraud that require a buddy(This isn't Fight Club buddy punching though, so don't look for your employees coming in with cuts and bruises.). The practice involves sharing personal information in order to clock each other in at times they wouldn't normally be able to log in themselves. A review of the time sheets and getting an actual head count on days you may suspect an employee isn't where they should be is an easy way for your manager or supervisor to find culprits and accomplices in this type of fraud. If you choose to keep them on, threat of termination is usually enough to quell further attempts at buddy punching. Make sure you identify all who are involved as well, to make sure no one else is pulled into the fraud scheme.

Ghost Employees
Need Afterlife Insurance? Source
No, Patrick Swayze hasn't joined your company, but if you don't keep up with how many employees you have or audit your payroll records, he might as well be. This form of fraud is masterminded by the payroll staff. Either they continue to log hours for an employee who has left the company, or they make a fake person all together then collect the accrued “work” said ghost employee has “logged.” Larger companies with more staff and a reduced manager-to-employee ratio have a harder time discovering a ghost employee. Always keep good records of your payroll, and watch even more closely when a supervisor has yet to be replaced in the event of a sudden leave or firing, as a greedy payroll staff member will use this as a prime window to reap extra funds from your business.

Pay Check Diversion
This form of payroll fraud takes place when one employee takes a paycheck from one of his co-workers when they are on sick leave or other forms of absence. Make sure you keep paper checks in one area, preferably locked in a safe with only trusted members of payroll and yourself allowed access. Presenting identification to receive a check and a proper sign-in sheet are also affordable ways to prevent pay check diversion.

Pay Rate Alteration
Your payroll staff are the gatekeepers to your funds, and this is another form of fraud they can subject you to. It involves an employee persuading the payroll clerk to increase their hourly wages to inflate their check. Often times your more savvy payroll manager will return the pay rate to normal after the fraud is committed. An after-payday payroll audit is a great way to find these types of fraud, as most payroll systems log such changes for further review in the future. The specific register and thus, the payroll staff member who authorized the pay increase, will be revealed for proper prosecution or discipline.

Unauthorized Claiming of Hours
This is one of the more common types of payroll fraud, rightly so because it is one of the harder ones to detect. This happens when employees fluff their time sheets by several means, including but not limited to, reducing lunch break times, increasing time before or after work, or sneaking breaks without clocking out. Make sure your supervisors are thorough in their review of employee time sheets, and this “siphoning” of your funds can be reduced greatly.

Exaggerating Sales Commissions or Figures
Make sure that your employees that have the highest commissions are becoming that way legitimately. If the commissions are logged by employees, do follow-ups on what they sold and how much they claimed. The frequency and size of the commission may also be tampered with, so make sure what your employee logs is accurate to what they actually acquired for your company.

Workers' Compensation Fraud
Busted! Source
No industry is safe from this type of fraud. Employees will attempt to fake an injury, such as a neck, back, or joint problem to falsely claim money from you and your insurance company. This can cause you to lose thousands quickly, and can cause unwanted raises in your premiums if left unchecked. Make sure your employees claiming these injuries were truly injured at work, either through camera surveillance or by supervisor witness. Sometimes employees will work together to perpetrate these “injuries,” so be cautious and thorough.


False Expenses or Exaggerated Expenditures
Don't let this go on the company card!
Source
This is for your employees who may go out on the road a lot or any other time they are given a company credit card for expenditures. They may use the funds for false expenses or exaggerate how much an item actually cost. Make sure your employees keep track of all receipts, and watch for counterfeit or fake receipts. This can be discovered by talking to your credit card company, or calling the establishment that the transaction was said to have occurred at.

Employee and Supervisor Time Sharing
Whenever an employee and supervisor form an alliance in order to commit fraud, it may be hard to discover. The most common type of this sharing is when an employee records extra time to get overtime pay, and splits it with his superior who approved of the overtime. This is why proper employee and supervisor rotations are necessary, as is a strict system for overtime approval.

Keep in mind as technology increases, it doesn't always help identify fraud. Sometimes it gives employees new avenues for which to prey on your business. Setting an example to anyone who is found committing fraud is critical in prevention, as is keeping proper records and regularly checking them yourself. Only you care as much about your business as you do, so make sure your employees know they will not be allowed to cheat you. There are a lot of people our there who want a job and will do a good job for you, so don't keep an employee who is stealing from you.

Payrollbuilder is an online payroll service, which makes it simple to use and easy to access. To employers who have workers out on work sites, with a single purchase you can have your employees clock in from their phones and you will be alerted to where exactly they where when they clocked in. We protect your wages and follow all the tax laws to the fullest extent. We want to serve the Natural State, and are ready to serve you in Fort Smith, Little Rock, Russellville, Fayetteville, and everywhere else in Arkansas and the U.S. Visit our website for more information!

Leave a comment if you know another way that employees have found to commit fraud, or tell us about a better way to prevent these types of fraud from happening!

Be sure to check out my other articles on fraud and theft:

Wednesday, June 6, 2012

10 Tips to Get a Bigger Salary

I hope this article helped you get a higher salary!

Everyone should be thankful for the jobs they have. For those of us in the few careers that are still in demand, you should know how much you are worth. During the interview process we often believe, “You take what you can get.” which is not a bad mantra, but there's another one that rings just as true, “If you don't ask, how do you know they would've said no?”

Those that aren't afraid to ask continue reading, because contained in this article are ten tips that may get you an increased salary than what you were originally going to get! Companies are still in the game to make money, and these tips may help you get a bigger cut of those greenbacks that make the world go round.

  1.  Research your career:
    Search the internet and find the average industry pay scale of your future position. Also take some time to see how much the company you're applying for pays their employees. Some companies only hire from within for higher positions, so you may only be able to get an entry-level position. Using the internet average of what you should be paid, make a minimum expectation on what you want to be paid. If the company isn't prepared to pay what you want then you're just wasting time attending the interview.
  2. Know how much you're worth:
    Determine your demand in other areas and consider that a selling point. You can say something about it if you need extra ammo, but don't be a cocky smart ass. Don't be afraid to tell them you're interviewing with other companies as well. It might even help if you tell them some strong competitors in their fields, to see if that may weigh in your favor.
  3. Practice, practice, practice:
    You can never anticipate how an interview or negotiation will go, but that shouldn't stop you from checking all the angles. Think about different personality types and how they would react to your own, and prepare responses for each way these “bosses” may react. Making sure you're not caught by surprise will help you keep your head in the game. A famous boxing quote is, “Everyone has a game plan until they get hit in the face.”
  4. Keep the glass half full:
    Don't go into the meeting with anxiety or nervousness. Don't already come in the room defeated or expecting defeat, or you may get it. Don't be trapped in the presumption that you deserve less than you think you do because it will be easier to get hired. Don't settle, and exude confidence. Put your chest out, keep your posture and speak clearly. Maintain eye contact and keep a relaxed, yet confident smile on your lips when you're not speaking.
  5. Put your best foot forward:
    Make sure you tell them your achievements when they ask about your last job. Make sure you use facts and figures when you talk, so you sound more reputable. Make sure you list anything that saved your company money, increased efficiency, or anything else that would make a positive impact on your past employers. Speaking to your future boss this way will make them think more highly of you and what you bring to the table. Anything you can say that will make them see you as an asset will make them spend top dollar to have you.
  6. Don't pigeon-hole yourself:
    Anything on the application that asks you how much you expect to make, leave blank. Also omit any salary expectations from your cover letters or emails. There's no sense in putting down you want to make $50K if your boss was preparing to offer you $75K.
  7. Don't be the first to bring up salary:
    Be patient...I know your first instinct is to jump at the chance to name your salary. Just don't. If you're forced to say a figure, tell them an amount but insist it's not set in stone. Don't go on too much, either. Say what you have to say then go back to listening.
  8. Keep your poker face on:
    You just got the offer of a lifetime. Inside you're bouncing around your head with joy and excitement. This will sound completely strange, but hold it in. Don't respond until you've counted to ten in your head. Your silence will speak volumes for you, and if they considered their offer low, they may bump it up to make you respond. Pat yourself on the back later.
  9. Don't go overboard:
    This is where research is most important. If you know they're shorting your salary, don't be afraid to just walk away. If you're not confrontational and just dismiss the offer, you'd be surprised how quickly they may call you back with a better offer. However, on the other side of the coin they may hire someone else if you turned down a reasonable offer because you were greedy and wanted more money than what your position is expected to get.
  10. Roll with the punches:
    Depending on how bad you need the job, you may want to consider the introductory-level salary. Make sure they offer some form of compensation in the form of employee benefits or additional perks for your achievements. You may not get as much money as you wanted, but if you get a sweet parking spot and full health and dental, that may be just as good or better. Get anything they say you're entitled to in writing, and make sure you ask about how often the company raises salaries. Make sure you come out with what you want, and you were successful in your negotiation!

This may be more of a supplement to #4, but make sure you're confident and believe in yourself. You can't expect anyone to believe in you if you don't first believe in yourself. Be prepared to perform any tasks that may be required of you, and you will have a better chance at that dream paycheck you've always wanted. Good luck out there, everyone.



TL;DR: Be prepared, be awesome, and don't be greedy. These facts(with a little debonaire) will help you get what you think you deserve for a salary!

Payrollbuilder is an online payroll service, which makes it simple to use and easy to access. To employers who have workers out on work sites, with a single purchase you can have your employees clock in from their phones and you will be alerted to where exactly they where when they clocked in. We protect your wages and follow all the tax laws to the fullest extent. We want to serve the Natural State, and are ready to serve you in Fort Smith, Little Rock, Russellville, Fayetteville, and everywhere else in Arkansas and the U.S. Visit our website for more information!