I've just recently converted to an S-Corp. There are 3 employees including myself.

I will be paid a consistent amount each week, but the other employees are only payed when they work. It's basically contract work, so I am paid for the work they do about 30 days from completion. IN the past I've written them a check immediately after I get paid.

If I put them on payroll, how is the best way to handle this? Should I wait until I'm paid, then pay them on the next pay period? Obviously, the pay period that they're being paid for will not be the previous week, but the month prior. Or is there a better way?

Thanks for the help!