Remove 2020 Remove Bonuses and Incentives Remove Compliance Remove Payroll
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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 Comply with the New Overtime Rules in 2020

Mitrefinch

Starting on January 1 st , 2020, new overtime pay rules which were recently passed by the U.S. Strategies for Compliance. As with any federally regulated, overarching change in employee compensation, there will certainly be challenges for compliance faced by businesses around the country. Labor Department will go into effect.

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How to Create a Compensation Strategy: A Complete Guide

Decusoft

The incentives for real performance and results are heavily weighted in executive pay. Compensation and incentives are combined with opportunities for professional development within a motivated job climate in this approach. We all know how quickly markets shifted in 2020. Merit Increases. Compensation Strategy Allocation .

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2019 HR & Compliance Web Summit: Executive Summary

Paycor

Industry experts like Jennifer McClure offered actionable insights and advice on all things HR, from self-care for the HR pro to in-the-news compliance issues. Maintaining compliance for the organization. Amy reports that laws were passed just this month making changes to FLSA for 2020. Review the withholding for 2020.

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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. Well, you’re not the only one. With the DOL’s 2016 amendment, you will too.

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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. . You must examine competitors’ salary ranges in conjunction with their benefits and incentive strategy to develop a complete picture of compensation strategies across your industry. This can include: .

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5 Ways To Recognize Employees in the Transportation & Logistics Industry

CoreCentive

Companies need creative solutions to find the next generation of drivers: · Referrals: One of the best ways to find great drivers is to ask the great drivers on your payroll. Recognition programs may include referral bonuses or non-monetary compensation such as priority for in-demand routes.