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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.

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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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The Top Payroll Companies in Massachusetts

Genesis HR Solutions

Looking into payroll companies in Massachusetts? But is a payroll company really all the help you need? Keep reading to find out whether your ideal solution is purely payroll, or if you might benefit more from a slightly different option (that still includes payroll services): a PEO. East Coast Payroll.

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5 Employee Benefits Required by Law

Helpside

While many benefits are at the discretion of the employer, there is a set of employee benefits that are mandated by law. It is important to understand these in order to keep your company in compliance. The post 5 Employee Benefits Required by Law appeared first on Helpside.

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HR Outsourcing Trends and Statistics SMBs Should Know

Extensis

Before diving into the latest HR outsourcing trends, it’s important to understand the various types of HR outsourcing companies, which include the following: Benefits consultants : Firms or individual professionals who assist companies with selecting, purchasing, and administering benefits plans. And the PEO industry is booming.

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Importance of Employee Benefit Package And Why it Matters

HR Digest

A strong employee benefit package can go a long way. Employer benefits package is key to attracting and retaining top talent. Employee benefits have become an essential part of any competitive compensation package. Employee benefits have become an essential part of any competitive compensation package.

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4 compensation strategies to respond to rising minimum wages

HRExecutive

As employers strive to remain both compliant and competitive, experts say, they need to conduct a comprehensive evaluation of their compensation strategy and ensure it is rooted in a strong pay philosophy. Once the evaluation process is completed, employers can consider these four compensation tactics, Dunn says.