ShiftFlow Blog topic

Payroll and Labor Cost Guides, page 2

Convert approved hours into accurate pay, control overtime, and understand the labor cost behind each job and shift.

49 articles

Payroll & Labor Costs articles, page 2

49 articles

  1. Payroll & Labor Costs

    What Is Variable Pay?

    Learn what variable pay means (performance-based compensation including commissions, bonuses, profit sharing), types of variable pay structures, benefits, challenges, tax implications, and best practices for implementation.

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  2. Payroll & Labor Costs

    What Is a Travel Allowance?

    Learn what travel allowance means (compensation for business travel expenses), 2024 IRS mileage rate ($0.67/mile), per diem rates ($59-$107 daily), types including mileage reimbursement and lodging allowances, tax treatment, documentation requirements, and policy best practices.

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  3. Payroll & Labor Costs

    What Is a Salary Sacrifice Car Scheme?

    Learn what salary sacrifice car schemes mean (trading pre-tax salary for company vehicle), tax savings (20-40% lower costs vs personal purchase), how lease arrangements work, eligibility requirements, benefit-in-kind calculations, and comparison with car allowances and mileage reimbursement.

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  4. Payroll & Labor Costs

    What Is Double Time Pay?

    Learn what double time pay means in payroll, when workers earn 2× their hourly rate, California's strict double time requirements (after 12 hours/day or 8 hours on 7th day), federal holiday pay practices, and how to calculate double time correctly.

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  5. Payroll & Labor Costs

    What Is Shift Differential Pay?

    Learn what shift differential means in payroll, how premium pay for nights, weekends, and holidays works, typical differential rates (10–25% or $1–$5/hour), when it's required vs voluntary, and strategies to structure competitive shift differential policies.

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  6. Payroll & Labor Costs

    What Was Advanced Earned Income Credit?

    Learn what the Advanced Earned Income Credit (AEIC) was—a discontinued IRS program (ended 2011) that allowed low-income workers to receive estimated EITC in paychecks throughout the year instead of waiting for tax refunds. Understand why it ended, how current EITC works (one annual refund up to $7,830 for families with 3+ children), and modern alternatives like on-demand pay.

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  7. Payroll & Labor Costs

    What Is Annualized Salary?

    Learn what annualized salary means (total yearly compensation), how to convert hourly to annual ($20/hour × 2,080 hours = $41,600/year), differences between exempt salaried and non-exempt salaried employees, benefits of annual pay, calculating true compensation including bonuses and benefits, and salary negotiation strategies.

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  8. Payroll & Labor Costs

    What Is an Earnings Threshold?

    Learn what earnings thresholds are—minimum income requirements to qualify for benefits, tax credits, or protections. Examples include Social Security credits ($1,730 per credit, 4 credits/year maximum = $6,920 total), ACA employer mandate (30 hours/week threshold), unemployment eligibility (varies by state), EITC income limits, and 401(k) vesting requirements (typically 1,000 hours/year).

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  9. Payroll & Labor Costs

    What Is Redundancy Pay?

    Learn what redundancy pay (severance) is for layoffs and position eliminations, typical formulas (1-2 weeks per year of service), WARN Act requirements (60 days notice for mass layoffs at employers with 100+ workers), continuation of benefits, state-specific requirements, and negotiation strategies for severance packages.

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