article thumbnail

Beginner’s Guide to Collecting and Analyzing HR Metrics

Homebase

Are you struggling with high employee turnover, low staff engagement, or escalating training costs? recruitment, retention) Employee behavior and performance Overall workforce planning and strategy Data Scope HR-specific data (e.g., Are you aiming to increase productivity, enhance employee engagement, or reduce turnover?

article thumbnail

Top 15 Tips to Track Payroll Metrics

HR Lineup

Some common payroll metrics include labor cost percentage, overtime percentage, turnover rate, absenteeism rate, and compliance with labor laws and regulations. Automated payroll systems can calculate wages, deductions, and taxes accurately, reducing the likelihood of errors and ensuring compliance with regulations.

Metrics 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Employee Cost: How to Calculate the Cost of an Employee?

HR Lineup

Overtime Pay: Compensation for hours worked beyond regular working hours, often paid at a premium rate. Benefits: These encompass various perks and protections offered to employees, including health insurance , retirement plans, paid time off, and other fringe benefits. However, their value goes beyond just their salaries.

article thumbnail

Employee Wellness Benefits for Your Quick Service Restaurant Workers

Payactiv

Like many industries, QSR operators are feeling the impact of an ongoing labor shortage coupled with high turnover rates. Like many industries, QSR operators are feeling the impact of an ongoing labor shortage coupled with high turnover rates. It’s not surprising that the industry has a high turnover rate. hours per week.

article thumbnail

Shift Differential: What It Is & How to Calculate It

Replicon

Many businesses stay open outside the general 9 to 5 business hours to keep up with customer demand, especially during the holiday season. However, convincing employees to take up shifts outside business hours is challenging. Shift differential can be provided as a flat amount or can be offered as a percentage per hour.

article thumbnail

Guide to Hiring Employees in Cambodia

Recruiters Lineup

It covers various aspects such as working hours, leave entitlements, termination procedures, and minimum wage. Minimum Wage and Working Hours: Cambodia has established minimum wage regulations to ensure fair compensation for workers. The minimum wage is periodically reviewed and adjusted.

article thumbnail

Guide to Hiring Employees in Georgia

Recruiters Lineup

Minimum Wage and Overtime Laws: Employers in Georgia must adhere to both federal and state minimum wage laws. As of [Current Date], the federal minimum wage is $7.25 per hour, but Georgia’s minimum wage may differ.