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Top 15 Tips to Track Payroll Metrics

HR Lineup

Payroll management is a critical aspect of any business, regardless of its size or industry. Accurate and efficient payroll processing ensures that employees are compensated correctly and on time, while also helping businesses comply with various regulations and tax requirements.

Metrics 52
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Compensation Challenges for Family Businesses

Astron Solutions

Since employees are often related to each other, developing and maintaining fair & appropriate compensation plans can be difficult. In this Astronology® , we will review some compensation challenges that family-owned businesses face. Unique Compensation Advantages and Challenges for Family-Owned Businesses.

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Payroll Costs: An Overview of Total Expenses

Zenefits

Payroll costs are all the costs that an organization needs to pay to compensate its employees for their labor. Also included in payroll costs are employee benefits, paid time off, bonuses, commissions, the employer-paid portion of payroll taxes, and the cost of administering the payroll process.

Payroll 36
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Payroll Challenges to Overcome in 2023 and Beyond

Zenefits

As we usher in a new year, fresh challenges await on the payroll front. Indeed, the year 2023 will be an interesting one for payroll, as novel trends emerge and existing rules are modified. As an employer, it’s important to know what payroll challenges may be in store for 2023 and the foreseeable future. Technology for payroll.

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Outsourcing HR Functions: Is it Worthwhile?

Hppy

This article weighs in on the benefits and drawbacks of HR outsourcing. For instance, you can’t force one employee to handle all your employees’ recruitment, payroll, and compliance tasks. Outsourcing streamlines various HR activities, such as payroll, employee administration, and payroll.

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Employer of Record vs. Staffing: What’s the Difference?

HR Lineup

In this article, we will explore the key distinctions between Employer of Record and Staffing, shedding light on which option might be best suited for different business needs. EORs manage all aspects of HR administration, payroll, benefits, tax compliance, and other employment-related functions for the workers.

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Payroll compliance: Ignore it at your peril, HR

HRExecutive

Payroll is an area too often taken for granted. It was one of the first HR processes to become automated, so payroll systems have been around for what seems like forever. Advertisement - However, payroll is at the very core of HR and, thus, demands attention.