Remove Analytics Remove Benchmarking Remove Campus SaVE Remove Employee Benefits
article thumbnail

How to manage payroll for retail & keep a low payroll to sales ratio

Homebase

Many small retail businesses learn to do payroll by themselves. Onboard employees, track their time, and pay them — all in one place. Learn more. So, it’s a good idea to make that your benchmark and avoid exceeding 20%. The fastest solution to keeping payroll-to-sales ratio low is simply cutting employee hours.

article thumbnail

Compensation and Benefits

Analytics in HR

Compensation and benefits refers to the monetary and non-monetary rewards an employee receives from their employer in exchange for their work. At the same time, compensation, benefits, and related taxes can account for up to 70% of business costs , highlighting the importance of getting comp & ben right at your company.