HR Brew

MARCH 21, 2024

Recent research from pay-equity software platform Syndio offers some encouraging findings, though: Black workers saw higher wage growth than white workers from 2021 to 2023, and as a result the racial wage gap has narrowed to the smallest it’s ever been. during this time period, and 13.7% Limits to progress. Takeaways for HR.

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BerniePortal

NOVEMBER 5, 2020

One noteworthy takeaway is that in 2021, some employees and employers can expect 27 pay periods during the payroll calendar instead of the typical 26. As HR prepares for the new year, it’s key to stay ahead of the curve on important dates and compliance requirements. Here’s what you need to know.

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Business Management Daily

SEPTEMBER 23, 2019

Employees don’t know pay periods; they know they get paid every two weeks. But there is a difference between paying biweekly, or 26 times a year, and semimonthly, or 24 times a year. And that difference comes into play when employees come onto or leave the payroll in the middle of a pay period. hours per day.

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Paycor

JUNE 5, 2018

It’s one of the first questions new businesses face when determining the appropriate timeline for paying employees. To help you understand which pay period frequency is the right fit for your business, here are ten things you need to know: 1. What is a Pay Period? Not All Pay Periods Are Created Equal.

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Paycor Payroll Assessment Software Compliance 61

DailyPay

NOVEMBER 16, 2023

Employee retention statistics indicate a company’s ability to keep its employees over a certain time period. of all hospital separations in that time period were voluntary terminations. Rather, one possible solution is offering flexible pay solutions that increase employee financial wellness without increasing business costs.

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Retention and Turnover Strategy Staffing Software Hiring Software 52

Business Management Daily

FEBRUARY 26, 2024

These are all questions that measure the effectiveness of your human resources department, and the best way to answer them is by paying attention to essential HR KPIs (key performance indicators). Step 2: Divide the total number of employees at the end of the time period by the total number of employees at the beginning of the time period.

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HR Planning HR Software Hiring Software Retention and Turnover 98

Analytics in HR

MARCH 21, 2023

The attrition rate indicates the percentage of employees who leave an organization compared to the average population employed over a specified period. As mentioned, attrition rate is a measure of the rate at which employees leave an organization during a specific period of time, usually expressed as a percentage.

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Hiring Software Retention and Turnover Compliance Training Compensation 109

PeopleStrategy

JANUARY 17, 2024

It also means you could end up paying salaried workers more if you haven’t already done some due diligence. Changes to Payroll The good news is that if you pay your employees hourly or pay salaried employees monthly or semi-monthly (e.g. But let’s look at what you should double check before the extra day arrives.

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Payroll Planning Tools HR Software Compliance 130

HR Brew

APRIL 3, 2024

Pay for top HR executives is on the rise, according to new research published by Nicholas Bloom, an economics professor at Stanford University, and Mert Akan, a research fellow with the school’s Institute for Economic Policy Research.

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Trusaic

APRIL 23, 2024

This is Part VI of our “Pay Equity Deep Dive Series.” Part I focused on Compensation Philosophy Review and Pay Analysis Group formation and testing. A common question I hear is, how often should I conduct a pay equity analysis? Another common question I hear is, why do I need to conduct a pay equity analysis more than once?

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Hiring Software Analysis Assessment Software Compensation 130

Zenefits

FEBRUARY 3, 2023

Both employers and employees should be aware of total compensation packages so they can fairly evaluate employee pay. Base salary or wages Base pay accounts for the majority of most employees’ compensation. It’s what they earn each pay period, whether that’s calculated from an annual salary or hourly wage.

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Compensation How To Retirement Staffing 68

BambooHR

OCTOBER 21, 2020

Imagine working for someone who says they’ll pay you whenever they get around to it. And sometimes they don’t get around to it for weeks.

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HR Daily Advisor

MAY 16, 2017

hours without a meal period, what does the company owe them? I have an associate claiming she should be receiving an hour of extra pay for any shift where she did not receive a meal period before her 5th hour. She is also asking about premium pay. In the state of California, if an hourly associate works 6.5

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Workday Analysis Compensation Examples 43

Helpside

FEBRUARY 1, 2024

This has the potential to change the frequency of pay periods for employees. It is important for employers to understand how an extra day in 2024 may impact compliance requirements and deadlines. Impacts on payroll Salaried and monthly paid employees are typically not affected by leap year.

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Payroll How To HR Planning Compliance 105

Replicon

OCTOBER 26, 2023

As part of running a business, it is important that you pay your employees consistently and on a pre-defined date. To help you understand this in depth, this blog will dive deep into the concept of pay periods and explore how many pay periods are there in a year. What Is a Pay Period?

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HR Daily Advisor

APRIL 11, 2017

Rest period violations are a source of enormous potential liability for employers, so it’s critical to ensure that you are appropriately compensating employees for their rest periods. Stoneledge paid sales associates under a “Sales Associate Commission Compensation Pay Agreement.” per hour] for.

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Wage and Hour Training Compensation Planning Tools HR Software 43

Homebase

MARCH 22, 2024

Not to state the obvious, but when you hire people, you have to pay them. And while you know you have to pay them, you may not know where to begin when it comes to determining what to pay them. That “what” is typically called base pay. Understanding the meaning of base pay is why we are here today.

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Wage and Hour Training Hiring Software Payroll Compensation 83

Replicon

JANUARY 17, 2024

These employees have regular work schedules of specific hours (such as 8 hours) and get consistent pay cheques at the end of the month. However, employers can also opt to provide redundancy pay when terminating a full time employee without any prior notice. They also get public holiday pay if a holiday falls on a workday.

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Wage and Hour Training Hiring Software Code of Conduct Bonuses and Incentives 141

Bayzat

DECEMBER 1, 2023

Different contracts and their termination processes notice periods, possible severance pay and compensations are discussed. Employers are being dragged to court and forced to reinstate employees or care for them like an employed worker until the latter gets their first pay from a new work. What is Termination of Employment?

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Certification Compensation Hiring Software Recruiting Software 94

HR Daily Advisor

MARCH 23, 2016

A “Limited Non-Assessment Period” (LNAP) is the IRS’s fancy way of describing one or more months that don’t really count for purposes of the play-or-pay penalties under the Affordable Care Act (ACA). The post ACA Play-or-Pay: What is a Limited Non-Assessment Period (LNAP)? By Jen Carsen, JD.

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HR Daily Advisor

JANUARY 26, 2016

Should we be concerned about not paying him for the higher level duties during the “trial period”? This is an exempt position.

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Groups ATS Compensation 40

Replicon

OCTOBER 24, 2023

In addition, repeated sleep deprivation for a longer period can result in chronic health issues, such as diabetes, stroke, heart disease, obesity, and high blood pressure. However, Clopens don’t provide enough rest periods to employees, making them unfocused and tired. Many refer to this pay as ‘right to rest’ or ‘clopening’ pay.

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Hiring Software Background screening Onboarding Software HR Software 142

Replicon

MARCH 1, 2024

Payroll In most organizations, employees are given pay cheques on a stipulated pay date every month. However, financial establishments are generally closed during holidays and weekends, so if the payday falls on these days, it may disrupt the pay cycle. Business days also help set payment expectations for clients.

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Workday Examples Immedis Productivity 144

CuteHR

APRIL 1, 2022

Did you know Biweekly is the most common length of pay periods, with 36.5 private businesses paying their employees every 2 weeks? How you handle the structures used to pay your staff is a critical choice in the operation of your organization. In this blog, you’ll get to know more about pay periods, how they work?

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Payroll Planning Tools HR Software HR Planning 70

HRExecutive

JANUARY 19, 2024

It’s time to start thinking about pay reviews! We understand the significance of the January to April period for organisations like yours as you gear up for annual pay reviews. Learn more >> The post Review your organisation’s pay levels at the annual pay review appeared first on HR Executive.

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ATS Compensation Trends Compliance Training 55

Helpside

AUGUST 22, 2023

Bi-weekly pay is the most common length of pay period in the U.S. Here is some information about what bi-weekly pay is and why it is a good choice for many employers. What is biweekly pay? Bi-weekly pay is when employees are paid every other week on a specific day of the week (e.g.,

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Payroll Industry Company ATS 92

Helpside

MARCH 14, 2024

Whether an employee’s termination is voluntary or involuntary, it’s important for employers to understand their responsibilities of when and how to properly pay an employee. If an employee is voluntarily terminated, then they must be paid by the next regular pay date. This blog was written by Mehana Currie, VP of Payroll at Helpside.

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Wage and Hour Training Handbook Payroll Policies 105

HR Lineup

JANUARY 29, 2024

Creating accurate and professional pay stubs is an essential aspect of managing a business. A pay stub not only serves as a record of an employee’s earnings but also provides crucial information about deductions, taxes, and other financial details. A typical pay stub includes the following elements: 1.

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Wage and Hour Training Planning Tools HR Software How To 86

FingerCheck

DECEMBER 21, 2023

Ah, the leap year – that one extra day every four years that can introduce an additional pay period into your payroll. In a leap year, the extra pay period arises due to the extension of February from 28 to 29 days. At the same time, this may pose challenges for businesses paying employees weekly or biweekly.

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Patriot Software

AUGUST 26, 2022

If you pay an employee less money than you should have during a pay period, you owe them retro pay. What is retro pay? What is retro pay? Retro pay, or retroactive pay, is the compensation you owe an employee for work performed during a previous pay period.

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Payroll Compensation 91

HR Lineup

FEBRUARY 28, 2024

However, sabbatical leave offers a structured opportunity for employees to step away from their regular work responsibilities for a specified period. Understanding Sabbatical Leave Sabbatical leave, often referred to simply as a sabbatical, is a period of extended time away from work granted to employees by their employers.

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HR Planning Planning Tools Time and Attendance Policies 65

HRWatchdog

NOVEMBER 27, 2023

Our payroll company had some issues a couple of weeks ago, and, as a result, we ended up paying our employees seven days after the regular payday. Do we owe each employee an additional seven days of pay as a penalty for the late payment of their wages?

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Wage and Hour Training Payroll Employment Law Company 103

Helpside

NOVEMBER 21, 2023

This means that if an employee receives pay outside of their normal hourly or salary rate during a week that includes overtime, these amounts need to be added in when determining the employee’s regular rate of pay and in turn the overtime pay rate. This includes commission pay and bonuses.

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Compensation Productivity Wellness How To 52

HR Digest

OCTOBER 5, 2022

In a sentence: no, your furlough pay reduction does not lead to 401k cancellation. This means that you don’t pay taxes on the money you contribute until it’s withdrawn, usually upon retirement. Furlough refers to a period in which employees are given no pay and are required to stop work temporarily. Seek Advice.

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Retirement Planning Tools Guidelines HR Software 115

HRWatchdog

SEPTEMBER 14, 2023

Intermittent Leave Under the federal Family and Medical Leave Act (FMLA) and the California Family Rights Act (CFRA), eligible employees are entitled to take up to 12 weeks of qualifying leave in a 12-month period. The position must better accommodate recurring periods of leave than the employee’s regular job. 825.204(b); 2 CCR sec.

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Employment Law Policies Examples Compliance Training 89

HR Digest

JANUARY 3, 2024

Image credit – IF Metall Tesla Swedish Strike a Result of a Refusal to Accommodate Collective Agreement Terms The strike against Tesla began in October when a subsidiary of the company refused to agree to terms set by the union over collective agreement on pay and other employment terms that the union wanted to negotiate.

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