Recent Articles

Gross Wages

Typically this includes hourly based, salaries, production based compensation and commissions. These are the core wages paid to all employees rendering the service.

Payroll – Introduction to Basic Concepts

08/12/2014

Payroll is envisioned as the simple employer employee agreement related to compensation for services.  I often think of this as the simple handshake whereby the employer agrees to pay the employee a set rate per hour of work.  This was true a [...]

The True Cost of Labor

01/01/2013

I laugh at the definition of labor costs because in my opinion the so called experts only have it half right.  Labor costs are more than just gross wages and benefits.  It should include the costs of insurance, employer taxation, human resources [...]

Introduction to Human Resources Management

12/12/2012

Matching the right person to the right job is the primary objective of any human resource manager. If you had a company of highly trained, well informed, and happy staff, you would control the best place to work in the whole wide world. So to me, [...]

Service Equals Timeliness and Accuracy

11/29/2012

In the world of accounting, we stand on two principles; timely and accurate information for the client.  Without either, the client can’t make good decisions.  As accountants our job is to record economic transactions and report this information [...]