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Paycheck Protection Program: How to Ensure Your Business is Eligible for Loan Forgiveness

Netchex HR Blog

June 3, 2020. Part of the CARES Act passed in March (and then replenished a month later ), the Paycheck Protection Program (PPP) is a loan program for small businesses designed to provide a direct incentive for keeping their workers on the payroll. How are “payroll costs” defined under the PPP?

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How to Give Your Employees a Raise Using the FLSA Overtime Rule Amendment

ConnecTeam

Maintaining compliance in an ever-changing market and legislative environment demands you stay alert and operationally agile. Inclusion of non-discretionary bonuses and incentive payments. Everyone likes bonuses and incentive payments. What are the overtime pay requirements of the FLSA? Surprises don’t count.

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Executive Compensation: Taking Charge of Your Org’s Approach

Astron Solutions

For a typical employee, these involve direct compensation like salary, commissions, and bonuses. Short-Term Incentives : A short-term incentive is typically a bonus given within a year. Long-Term Incentives : Long-term incentives are typically earned over a three to five-year period. million (in 2020).

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The gender pay gap: How equal pay starts with hiring

Homebase

from 2019 to 2020. Ensure these guidelines are written out in your employee onboarding guidelines so new hires can understand how they’re being paid. This is also a great opportunity to let new employees know about your internal policies, incentive programs, and employee appreciation opportunities.

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Top 100 HR and Recruitment Blogs [by Organic Traffic with Top 3 Articles Each]

Ongig

Compliance. Minimum Wage By State And 2020 Increases. HR Management and Compliance. HR Compliance. What’s Wrong With Retention Bonuses? HR Compliance. The Best Jobs of 2020. Top 3 HR/recruitment blog posts. 100 Useful Performance Review Phrases. 7 Icebreaker Games for Work That Your Team Will Love.

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Deferring Employee Payroll Taxes: What You Need to Know

Zenefits

On August 8, 2020, President Donald Trump issued an executive order deferring certain payroll tax obligations in light of the COVID-19 crisis. According to Trump, the executive order “will put money directly in the pockets of American workers and generate additional incentives for work and employment, right when the money is needed most.”.

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