By Anastasia Warren, Marketing Manager
Warning: This blog contains important information regarding payroll, your employees and your business.
As a business owner, employee turnover and termination is inevitable. It is important for you to be informed on the procedures involved, so, should the circumstance arrive, you are prepared.
Important things to note:
- Employees that are terminated must receive wages and compensation within 72 hours of the termination.
- Employees that quit must receive wages and compensation within 7 days or the date of the next payroll, whichever is sooner.
This means that you must pay terminated and turned over employees promptly – not necessarily on the next payroll date.
Please do not hesitate to contact us at firstname.lastname@example.org if you have any further questions or would like a better understanding.
Don’t like the details? Our HR / Benefits division offers payroll services to take it off your hands. Visit us at appliedbusinessnv.com for more information.