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The answers to 10 frequently asked questions about payroll

Rise

Payroll can be complicated. We answer some of the most common payroll questions so you don’t have to search for answers. . There are a lot of components to consider when it comes to company payroll administration. Related Reading: The Bonus Tax Method: Everything a Payroll Admin Needs to Know. Let’s make it less so.

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1% of Payroll: The Magic Number For Social Recognition Investment

WorkHuman

Finding 3 in the 2016 SHRM/Globoforce Employee Recognition Survey shows that the sweet spot for values-based rewards and recognition investment is 1% or more of payroll. Companies that make this level of investment are nearly three times as likely to rate their program as excellent, compared to companies that invest less than 1% of payroll.

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Best HR Practices for Your MedSpa Business Source

Hppy

Vetting Employees to Reduce Future TurnOver Risks Spas can be hectic, especially if you’re fully booked; you need all staff on hand at a moment’s notice. It should simplify your administrative tasks, such as payroll and invoicing. Asking the right interview questions can help you find employees with reduced turnover risks.

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A New Management Mindset: 6 Keys for Greater Staffing Stability

HR Daily Advisor

In most organizations, long-term incentives are gone. Take a look at your current incentives for staff. If it’s at the 13- to 18-month mark, the staff probably see little incentive to stay until the 24-month mark, if they’re convinced they’ll only get a 3% cost of living adjustment (which is NOT a raise!).

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Payroll Terms and Definitions: A Comprehensive Glossary

Zenefits

Payroll is one of the most crucial aspects of running a business — but it’s far from easy trying to learn and remember payroll terminology and jargon. If you’ve found yourself struggling to remember payroll vocabulary, don’t fret. Bonuses include holiday, signing, referral, and retention bonuses.

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7 Seasonal Hiring Strategies Guaranteed to Attract Employees

Payactiv

The right incentives may attract them back into the fold. Offer incentives to employees who recommend and share openings with their friends and family. Paying incentives for successfully hired employees makes them much more likely to let others know about any vacancies within the company. Offer unparalleled perks and incentives.

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Retirement Savings? HSA, IRA or 401(k)

Benefit Resource Inc.

Verify HSA contributions, incentives or matching programs. HSA Incentive Contributions. There are many flavors that an HSA incentive program takes on. Pay close attention to the details of the incentives and the time frames. Your employer then kicks in another $800 on your behalf. That is a 50% return on your investment.)