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New research by MIT economist David Autor and nine others finds that the Paycheck Protection Program, an $800 billion aid package Congress passed in March 2020, was one of the costliest but least...

Nevada: $10.50 an hour for employees who don’t receive health benefits, but that’s expected to increase to $11.25 on July 1, 2023. Otherwise, the minimum is $9.50 an hour for employees who do ...

The Paycheck Protection Program allows entities to apply for low-interest private loans to pay for their payroll and certain other costs. The amount of a PPP loan is approximately equal to 2.5 times the applicant's average monthly payroll costs. In some cases, an applicant may receive a second draw typically equal to the first.

The payroll module automates the pay process by gathering data on employee time and attendance, calculating various deductions and taxes, and generating periodic pay cheques and employee tax reports. Data is generally fed from human resources and timekeeping modules to calculate automatic deposit and manual cheque writing capabilities.