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HR vs. Payroll: What’s the Difference?

Zenefits

Payroll and HR often work together, but seeing where the line gets drawn can be challenging. With small teams, HR can handle payroll, making the lines even blurrier. If your organization has two separate departments or you want to create them, it’s time to learn the difference between payroll and HR. What are HR functions?

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Guide to Hiring Employees in the Bahamas

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Additionally, employers should be mindful of overtime regulations, bonuses, and other forms of remuneration to guarantee compliance with the legal framework governing employee compensation. Documentation and Legal Compliance: In the Bahamas, adherence to legal requirements is a fundamental aspect of the onboarding process.

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Guide to Hiring Employees in Ukraine

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It is essential for businesses to stay updated on any changes to the minimum wage to ensure compliance. Employers must be familiar with these regulations to ensure compliance and avoid potential legal challenges related to the employment of foreign workers. How to Hire Employees in Ukraine?

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Guide to Hiring Employees in Azerbaijan

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Employers are responsible for ensuring compliance with social security regulations. Documentation and Compliance: One key aspect of the onboarding process in Azerbaijan is the emphasis on documentation and compliance. Employers need to ensure compliance with these deadlines to avoid penalties and fines.

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Paycheck Protection Program: How to Ensure Your Business is Eligible for Loan Forgiveness

Netchex HR Blog

Part of the CARES Act passed in March (and then replenished a month later ), the Paycheck Protection Program (PPP) is a loan program for small businesses designed to provide a direct incentive for keeping their workers on the payroll. How are “payroll costs” defined under the PPP? Does not include 1099 payments.

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Non-discretionary vs discretionary bonuses: Do you know the difference?

Homebase

Bonuses are a great way to show your hourly employees that you value them and their contributions to your business. But bonuses can also be complicated. Non-discretionary bonuses are often used to incentivize employees. These bonuses might be given to encourage punctuality and reduce absenteeism.

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Payroll Adjustment

Zenefits

And every change requires a payroll adjustment. Human Resources professionals involved in overseeing the adjustment process should understand why payroll adjustments are important and how the process works. Payroll adjustments must be timely and accurate for 2 main reasons: To ensure that employees receive the correct pay.

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