How to Ensure That the Employees in Your Graphic Design Company are Paid On Time
As a person who runs a graphic design company, one of the key challenges you will need to deal with is that of ensuring that the employees in the company are paid on time.
In order to ensure that the employees in your graphic design company are paid on time, you need to set up a system whose presence ensures that the data that is necessary for calculation of payroll is captured on an ongoing basis. The due pay can also be calculated on an ongoing basis. Then it can be posted online, on a portal similar to the one operated by Macys for the employee connection purpose. That way, any disputes about the numbers can be solved on a day to day basis: thus ensuring that on the payday, the whole thing is just a question of sending money to the employees’ accounts.
Secondly, in order to ensure that the employees in your graphic design company are paid on time, you need to ensure that you set aside money for the payroll, and that you never touch that payroll budget (such that the money is always reserved for the purpose). Otherwise you will find yourself in a situation where you have to start raising money for the payroll on the payday: thus almost certainly delaying the salaries and causing a lot of resentment in the ranks of the graphic design company employees.