Anchor Payroll Blog

So, what's the big deal? Misclassification is considered wage theft, whether you knowingly or accidentally misclassify employees. It could put your business at risk of an IRS audit for back taxes, severance and health care coverage for misclassified workers, in addition to legal fees, reputation damage, and even criminal and civil penalties.

Unlimited paid time off is a way to signal to employees that your firm is flexible about them taking time off as needed so long as it doesn't disrupt business. PTO, thus, becomes a way to reward the productive use of work hours.