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Top 15 Tips to Track Payroll Metrics

HR Lineup

These KPIs will serve as benchmarks for measuring the effectiveness and efficiency of your payroll processes. Automated payroll systems can calculate wages, deductions, and taxes accurately, reducing the likelihood of errors and ensuring compliance with regulations.

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Time Logs: Definition, Benefits, and Steps to Keep One in Your Business

Homebase

Track hours. For your business, this would mean keeping track of things like time tracking data to understand how long tasks take. Here are some commonly tracked data points in time logs: Task details Understanding the intricacies of each task performed is vital for effective resource allocation. Prep for payroll.

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Top 6 ADP alternatives & competitors (in-depth comparison)

Homebase

That’s why you’re looking for HR software that can take some tedious admin tasks off your hands. ADP (which stands for Automatic Data Processing) is a software company that offers HR, accounting, and employee management solutions. Chances are, you started your business because of a passion for your trade — not a passion for paperwork.

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5 benefits of workforce optimization for your small business

Homebase

With a zillion different tasks and needs to run your small business—like employee scheduling and productivity to managing and lowering labor costs—it can be tough to make a change. But there is a way to get off the hamster wheel and work smarter: Workforce optimization. It happens to the best of us.

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What Is Human Resources?

Analytics in HR

As a department, it is responsible for managing HR activities from recruitment and onboarding, compensation and benefits, learning and development, performance management, and employee relations to separation or retirement. Human Resources is both a function and a department within an organization.

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What Is the Bureau of Labor Statistics (BLS)?

HR Daily Advisor

According to the Department of Labor (DOL) website, “The BLS is an independent national statistical agency that collects, processes, analyzes, and disseminates essential statistical data to the American public, the U.S. BLS Data: What Information Can Employers Use? Labor costs and average costs per hour worked.

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California Minimum Wage: What Small Businesses Need To Know

Homebase

In 2016, California approved a statute to increase the minimum wage yearly starting in 2017. This period has now passed and the California minimum wage rate is at $15.50. According to a Zillow study, a person making minimum wage would need 2.7 Simplify payroll What is the California Minimum Wage? Note: While $15.50