article thumbnail

The CFO’s Role in Fighting Workplace Theft

UKG

As difficult as it can be to admit it, payroll theft is an issue that concerns nearly every employer. Time theft impacts an estimated 75% of American employers and adds as much as 7% extra expenditures to company payrolls. 95% of employers say that workers have stolen from them at some point. Misclassified employees.

article thumbnail

What are the Benefits of Job Scheduling Software?

UKG

Effective scheduling is closely tied to payroll, compliance, employee engagement, and many other WFM functions. Not only can that cost an employer in unnecessary payroll expenses, overtime pay is also a heavily regulated area. appeared first on Ascentis. The post What are the Benefits of Job Scheduling Software?

Insiders

Sign Up for our Newsletter

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

article thumbnail

HR’s Role in Managing Complex Pay Structures

UKG

The modern workplace employs a combination of hourly and salaried employees, contract and contingent workers, freelancers, short-term and seasonal hires, and other classifications, each with their own unique payroll requirements. Let’s look at a few key payroll considerations every HR professional should be aware of.

article thumbnail

The Most Common Types of Payroll Fraud and How To Avoid It

UKG

While there are various forms of fraud at work across these industries, payroll fraud accounts for 10 to 15% of all cases. While there is no such thing as an industry that hasn’t been impacted by time and payroll fraud, some industries are clearly at more risk than others. Time Fraud.

Payroll 52
article thumbnail

Workforce Optimization Best Practices for Blue Collar Employers in Labor-Driven Industries

UKG

Payroll tax. The post Workforce Optimization Best Practices for Blue Collar Employers in Labor-Driven Industries appeared first on Ascentis. A few common labor costs to account for include: Hourly and salaried employee wages. Overtime pay. Sick leave, vacation days, and other forms of paid time off.

article thumbnail

M&A Friday! This Week’s HR Deals and Trending #HotInHR News

Advos

Apax to invest in Paycor, a provider of HR, payroll, time, recruiting, benefit administration and other services. Ascentis Acquires NOVAtime to Advance Its All-in-One HCM Solution and Market Leadership. Equipsme, a London, UK-based SME health insurance plans provider, Raises £2.5M in Series A Funding.

article thumbnail

Managing the Managers: Payroll’s Secret Weapon

UKG

As a follow-up to our webinar titled “Time and Attendance Payroll Fraud”, Christine Stolpe addresses several questions that arose during the webinar around best practices to handle and prevent payroll fraud. Payroll Conversations with New Managers. Perform frequent payroll audits. Need help managing payroll?