Whats the best way to organize my payroll records?
Track each employee’s actual job duties and keep payroll records that reflect how many hours an employee works on different activities. For example, if an employee spends 20 hours of his time installing and repairing plumbing and 20 hours a week pouring and finishing concrete slabs for residences, record this information and keep it on file. In insurance lingo, this is called “payroll segregation.” It helps premium auditors ensure that your workers’ compensation cost is accurate.
Track each employee’s actual job duties – and keep payroll records that reflect how many hours an employee works on different activities. For example, if an employee spends 20 hours of his time installing and repairing plumbing and 20 hours a week pouring and finishing concrete slabs for residences, record this information and keep it on file. In insurance lingo, this is called “payroll segregation.” It helps premium auditors ensure that your workers’ compensation cost is accurate.
