DOL Raises Minimum Salary Requirement for Overtime Exemption

Key Points: Starting January 1, 2020, employees who are currently classified as exempt but earn less than $684 per week ($35,568 per year) will become eligible for overtime compensation To comply, employers can increase salaries to the new standard of $35,568 or retain current employee salaries and compensate any overtime hours Employers can prepare for…
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Posted in Payroll
The New 2020 W-4 Is Here (Infographic)

The IRS just released the finalized W-4 for 2020 and it’s ready to be used! If you didn’t see the initial draft of the W-4, click here to learn more about what changed from the version you’re familiar with. If you did see the first drafts, you’ll be happy to know that no drastic changes…
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Posted in Payroll
The 2019 Sentric Thanksgiving Cookbook

With Thanksgiving just two days away, we are excited to share our 2019 Sentric Thanksgiving Cookbook! We asked the Sentric team to share their favorite Thanksgiving recipes and memories, and they didn’t disappoint. Click here to checkout the recipes–you might even find a last-minute dish to bring to your next holiday gathering! Happy Holidays from all of…
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Posted in SentricHR News
New Decade, New Form

The W-4 is set to get a makeover in 2020. The IRS believes this reboot will help employees avoid withholding the wrong amount on their W-4s. While it’s still just a draft, it’s clear that these updates will streamline and simplify this essential tax form. Here’s what you need to know. How it Looks Click…
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Posted in Payroll
Open Enrollment Resources

When it comes to getting through Open Enrollment, we’ve got you covered. Click here to download Sentric’s Open Enrollment kit, which includes resources to help you manage Open Enrollment from start to finish. The kit includes: Spreading the Word – eBook This eBook will help take the stress out of communication during Open Enrollment with…
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Taxing Matters: Parts of a Pay Stub

Do your employees understand the information included on their pay stubs? There’s a good chance that they don’t. Key points: Employers should not assume their employees understand what’s on a pay stub. Understanding what’s included on a pay stub can help to catch payroll errors before they become a more significant issue. Common parts of…
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