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Tired of Employee Turnover? Increase Retention with this Easy to Implement Cost-Free Solution

Payactiv

Replacing an employee making $10 per hour equates to $3,328 and this number continues to increase with higher brackets. Payactiv’s invention, Earned Wage Access (EWA) has become a must-have benefit for companies that deal with high turnover. . Earned Wage Access Confirmed to Increase Employee Retention Impact Report” .

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Pay Transparency: What It Is & How to Navigate New Laws

Astron Solutions

Ready to learn the ins and outs of pay transparency? There’s been a lot of buzz lately around the topic of pay transparency as more and more states across the U.S. have begun enacting legislation that requires employers to make salary information more accessible for both current employees and job seekers. Let’s dive in.

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How to Create a Compensation Strategy: A Complete Guide

Decusoft

Standard wage arrangements for hourly workers or salaried administrators and clinicians vary greatly from executive pay packages. The incentives for real performance and results are heavily weighted in executive pay. This is the budget allocation for specific costs related to compensation like benefits, salary, 401k, and bonuses.

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The Best Way to Process Payroll [Updated for 2020]

SwipeClock

Updated May 20, 2020. Learn to Process Payroll Efficiently and Legally. 5 Important Things to Know About Payroll in 2020. January 1, 2020, the new overtime rule will take effect. 2020 is a Leap Year. Employers need to program their timekeeping system to register February 29 as a valid workday in 2020.

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2023 Compensation Trends Your Org Should Know About

Astron Solutions

Over the last few years, the working world has experienced a variety of challenges. From the pandemic to the Great Resignation to today’s continued economic turbulence, organizations have had to rethink what the world of work looks like, especially when it comes to compensation. Here are some things to keep in mind.

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Benefits of Compensation Analysis

Decusoft

The aim of this guide is to give you a clear overview of total compensation analysis and the incentives that come with it. . It’s worth noting that, while wage information is valuable to consider, it’s just one aspect of pay. For most businesses, labor costs account for the bulk of their expenditures.