US Payroll Software That Runs Straight From Your Timesheets
Approved hours and overtime flow into every paycheck. Wokaim withholds Social Security, Medicare, federal and state income tax, applies pre-tax 401(k) and health deductions, and hands every employee an itemized pay stub.
Payroll Taxes and Deductions, Calculated Every Pay Run
The withholding math US small businesses usually do in spreadsheets, applied automatically for every employee.
Social Security and Medicare
Employee FICA is withheld from each paycheck and the matching employer share is tracked, so you always know the true cost of every hire.
Federal Income Tax Withholding
Each paycheck’s taxable wages are annualized by pay frequency, run through the federal brackets after the standard deduction, and spread back over the year.
State Income Tax by Work State
State withholding follows each employee’s tax state, and states with no wage income tax are skipped automatically.
Hourly Pay and Overtime From Timesheets
Hourly employees are paid for the regular and overtime hours their manager approved, with no re-typing between time tracking and payroll.
401(k), Health and Custom Deductions
Pre-tax benefits lower taxable wages before withholding, and recurring deductions stop on their own once they are paid off.
FUTA and Total Employer Cost
Employer-side taxes are calculated next to each paycheck, so payroll cost reports match what you will actually pay.
From Timesheet to Payday in Four Steps
Because timesheets, leave and payroll live in one place, nothing is re-typed between them.
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Approve hours and time off
Managers approve timesheets, overtime and time-off requests in Wokaim through the pay period.
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Wokaim builds gross pay
Regular hours, overtime, salary, bonuses and unpaid absence are worked out for every employee.
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Taxes and deductions applied
FICA, federal and state income tax, 401(k), health premiums and custom deductions are calculated.
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Pay your team
Approve the pay run, employees receive itemized PDF pay stubs and you export the payroll journal for your books.
US Payroll Tax Rates Wokaim Applies
The federal payroll tax rates used in every US pay run.
| Component | Rate or rule |
|---|---|
| Social Security (employee / employer) | 6.2% / 6.2% of wages |
| Medicare (employee / employer) | 1.45% / 1.45% of wages |
| FUTA (employer) | 0.6% net rate |
| Federal income tax | Federal brackets from 10% upward, after the standard deduction, annualized by pay frequency |
| State income tax | Withheld by the employee’s tax state; none in no-income-tax states such as Texas and Florida |
| Overtime | 1.5x the regular hourly rate, unless you set a different overtime rate |
| 401(k) and health insurance | Pre-tax: taken out before income tax is calculated |
Hiring in India Too? Run Both Payrolls in One Place
Wokaim pays US employees in dollars and Indian employees in rupees with PF, ESI, Professional Tax and TDS, from the same account, with one set of timesheets, leave policies and onboarding.