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Should business owners be included in the company workers compensation policy?

Many business owners wonder if they should include themselves in the workers compensation policy for the company.  Rarely does this make sense, for the following reasons: Insurance companies regard workers compensation coverage for company owners as a moral hazard; that is, if the business experiences financial problems, the owner may be incented to stage a …

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Employee or Independent Contractor?

Independent contractors are common in many industries. Within these industries, there is a high likelihood that businesses may believe some of their workers are independent contractors when they are not. Also, employees who are performing services on a part-time, temporary, or probationary basis are sometimes thought to be independent contractors. If you’re an employer and …

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The Basic Components of a Compensation System

As a reflection of leadership’s strategy about how it values its employees, a well-established compensation system allows employers to optimize on employee engagement, productivity, financial resources, and organizational goals. Consider the following components and how to apply them into your business today: Organizational Goals. Make sure to pay employees for their individual performances as well …

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Welcome to our Payroll Solutions Blog!

Time 4 Payroll is a Beaverton-based, payroll provider offering payroll-related services, timekeeping and workers comp products for small to medium-sized businesses.  Our services range from online self-serve to full-service payroll solutions; whatever you prefer. Like you, we are business owners.  We understand the challenges and time demands of managing employees, keeping track of all the …

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