Who Cares About Compensation?

Compensation Cafe

What if you worked in an organization where the Head of Human Resources didn't view the Compensation function as vitally important to the organization? We weren't invited to critical HR planning sessions, my boss was never a member of the inner HR circle, and the department's list of annual objectives never included a compensation project. So What's Wrong With Compensation? It is unusual for this office holder to have cut their teeth in either Benefits or Compensation.

Should Employees Have to Payback Payroll Errors?

The Tim Sackett Project

Here’s her question: This really isn’t a staffing agency question, which Kristna knows, but this was the specific example, it’s a payroll and employee relations issue that happens at all organizations, big, small, public, private, etc. anytime there’s a payroll mistake. It’s not the employee’s money. By law, you can’t actually take the money out of an employees paycheck.

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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.

Why You Should Pay Employees a Competitive Salary

HR Payroll Systems

Paying employees a higher salary in order to grow your business sounds like it’s counterintuitive. After all, if you paid employees less money, wouldn’t there be more money left for the business? A major cause of employee turnover is salary. Compensation Employee Relations

5 Reasons to Outsource Payroll Through a PEO

Tandem HR

If you outsource your company’s payroll, what type of service are you using? A Professional Employer Organization, or PEO, can provide you with payroll services and many other HR advantages. Here are five reasons to outsource your payroll through a PEO. Workers’ compensation.

Why You Should Pay Employees a Competitive Salary

HRIS Payroll Software

Paying employees a higher salary in order to grow your business sounds like it’s counterintuitive. After all, if you paid employees less money, wouldn’t there be more money left for the business? A major cause of employee turnover is salary. Compensation Employee Relations

HR Functions and Outsourcing

Astron Solutions

Use of a Professional Employer Organization (PEO) to handle issues such as human resource consulting, payroll processing, and health benefits has been helpful for both smaller and startup organizations. Some employers have found benefits in having a third party provide employee support for routine questions on areas such as benefits, payroll, and employee onboarding. applicant tracking and training performance] and payroll applications.”

When Employees Want COVID Unemployment Over a Job at Your Company.

The HR Capitalist

who requested that her last name remain private, said she initially felt relieved when she was spared from layoffs at the public-relations firm where she worked in New York City and instead given a pay cut. 1--Employees who don't want you to protect jobs because unemployment is richer, or .

PEO Vs. Payroll Service Providers: How Are They Different?

Genesis HR Solutions

Are you wondering whether a Professional Employer Organization (PEO) or payroll service provider is the best fit for your company’s needs? What is a payroll provider? A payroll service provider is a third-party company hired to process a company’s payroll.

Build a Philosophical Foundation for Your Compensation Program

HR Daily Advisor

Does your compensation program have a solid foundation? It does if you took the time and made the effort to develop a compensation philosophy. Compensation Philosophy as a Tool. A company’s compensation philosophy is a narrative of the guidelines and objectives that shape their compensation. To find out how and why a company might develop a compensation philosophy, we spoke with Susan Malanowski, a Principal at the Wilson Group.

When Should You Give Your Employees a Raise?

HRIS Payroll Software

The best asset of any company is the employees. While employees leave for a wide variety of reasons, pay is a major cause of employee turnover. Employees who feel that they aren’t valued by the company or paid enough for their positions tend to search for other jobs. It’s essential to recognize employees as the valued resource they are, and how better to do that than to give them a raise? So what do you do when your employees ask for a raise?

Compensation Management is Important in Every Company

NGA Human Resources

Compensation management is vital for employee motivation. Everyone should be recognized for the value they bring to organizational success; not just those in companies with 1,000s of employees, and millions of dollars a year in salaries. For many reasons, effective and fair compensation management is a must for every business. Employees who are recognized for the value they bring are more likely to be motivated, loyal and higher performing than those who’re not.

Are Your Employees Broke? Financial Wellness and Your Workplace

HRIS Payroll Software

When employees are in difficult financial situations, it can affect their productivity, job satisfaction, attitude, behavior, and development. Addressing employee financial wellness may benefit your workplace while also doing something that will benefit your employees for the rest of their lives. Student loan benefits can help employees in all of these situations. Tuition reimbursement can help employees prevent accumulating debt in the first place.

6 Tips for Beginning an Employee Incentive Program

HRIS Payroll Software

Incentive programs can be a powerful motivator that can help to improve company productivity and make employees feel more content. Selecting gifts as an incentive may also bomb if not enough research is done, because employees may not end up caring about the gifts being offered. Large rewards imply large struggles, so employees may feel relieved after a program ends and go back to business as usual. Compensation Employee Relations

HR Trends for 2021

Astron Solutions

Talent management and performance management software also has played a role in helping organizations manage employees remotely. Even the World Economic Forum noted that 98% of employees want the option to work from home at least some of the week across the rest of their careers.

5 Tips for Motivating the Best Employees at Your Small Business

HRIS Payroll Software

Employees are any company’s greatest asset, but for small businesses, great employees are truly the life blood of the place. Good employees that are positive and motivated can help your business to secure loyal customers and can keep things running smoothly. Keeping your best employees consistently motivated can be tricky, but is important – top employees have been found to be more likely to quit than lower performing employees. Employee Relations

Increasing Productivity with a HRIS

HR Payroll Systems

Improving employee productivity is a constant goal across the entire company. Highly productive workers can help a company achieve higher levels of profit while less productive employees can drag the company down. Measure Employee Satisfaction. Your HR software can help you survey your employees to determine their satisfaction with their jobs, their compensation, the company, and more. Self-Managing Employees. Improve Employee Skills.

Should You Offer PTO?

HRIS Payroll Software

There’s no need to figure out whether an employee is lying about being sick, because it doesn’t count any differently if the employee is sick or not. When a PTO system is in place, employees tend to view all of their PTO as vacation days. Since employees seem to perform better with regular vacations, we’re going to call it an advantage. Employees become less likely to call in sick when PTO is in place because they’d rather “save” the PTO for vacation.

5 Questions: Should Amazon Employees Take the Company Offer (10K, 3 Months Pay) to Quit?

The HR Capitalist

In case you missed it, Amazon was in the news again late last week with a Godfather offer (you can’t refuse) to employees designed to create momentum to build the delivery capability needed to meet its future needs. The offer was this - 10K and 3 month’s pay for any employee who will quit and start a franchised delivery business under the Amazon partnership umbrella. Not sure whether the offer is for you, Amazon employees? Compensation Economics Employee Relations Managing

Growing a Healthy Compensation Program -- The Turning Point

Compensation Cafe

This is the fourth in a Compensation Cafe series for small and early-stage companies. Part one is for companies that have fewer than 100 employees , part two is for 100 to 500 employees , part three is for DIY Communications. Once your company has grown past 500 employees, you are on your way to becoming a mid-sized company. One morning you look over your cubicle wall and realize that you don't really know many of the new employees.

Are Holiday Bonuses Right for Your Company?

HRIS Payroll Software

Holiday bonuses can be tough on companies when profit margins are down and can send the wrong impression if employees are expecting more than they receive. Holiday bonuses can go awry when companies miss the mark and deliver less than what’s expected or when employees receive differing amounts. If an employee is too disappointed in their holiday bonus, he or she may feel undervalued and decide to leave. appeared first on HR Payroll Systems.

Is Recognition a Part of Your Company Culture?

HRIS Payroll Software

Recognition can help your employees to feel appreciated, which may in turn improve your business in several ways. Employees that feel appreciated are less likely to leave and, in keeping with the quote, are more likely to go above and beyond expectations. Thanking and recognizing employees immediately for staying late, completing a task ahead of time, or otherwise exceeding expectations lets employees know that you are paying attention and noticing their efforts.

Are Employee Loans a Good Idea?

HRIS Payroll Software

Many employees ask their employers for a loan when faced with emergencies and financial difficulties. Asking an employer may seem to be a good idea for employees, as the employer may offer more favorable terms than a bank and will be able to line up repayment dates with paycheck dates. However, there are pros and cons to lending employees money that should be considered before going forward with loans. Employee Loans Can Foster Loyalty. Compensation Employee Relation

Understanding Employee Motivations to Increase Productivity and Satisfaction

HRIS Payroll Software

Employee motivations are fickle things that are unique to each employee and may change as employees’ lives change. While employee motivations take work to understand, putting in the effort and then taking actions based on specific things that you know will motivate your employees can be highly rewarding. The motivator that is most commonly cited in the workplace is money, after all, that is the compensation that each employee is working for every day.

Alleged Pay Discrimination at Google Makes Marc Benioff and Salesforce Look Amazing.

The HR Capitalist

Here's a rundown from the post : "In a panel at a conference organized by Fortune last week, Marc Benioff, the CEO of the cloud-based software company Salesforce, said that he recently ordered a review of all 17,000employees’ salaries to see if female employees’ pay was in line with those of male employees doing similar jobs. According to Fortune , Benioff said that the company is spending about $3 million extra this year on its payroll to make these adjustments. “We

Cafe Classic: Do We Need a Pay Structure?

Compensation Cafe

Once an organization reaches a certain employee population it's been typical practice for the Human Resources department to replace their ad hoc compensation/reward processes with a more structured program. Some of those employees could be valued contributors.

How to Become the Most Popular Workplace on the Block

HRIS Payroll Software

Combine these bonuses with an ever-shrinking influx of talented newcomers to the market and you have good reasons to want to make your company more attractive to employees. Offer Competitive and Fair Compensation. Employees get a job in order to earn a living and support their loved ones, so regardless of any other perks or offerings, if the pay isn’t right you will not attract top talent. Empower and Engage Employees. Benefits Employee Relations

HR services for small business

Tandem HR

Rarely do you find a business started for the sheer thrill of processing payroll or because hiring and firing people is a hobby. Processing payroll, benefits shopping, employee relations, and a host of other HR services for small business are obligations of employers, not options. A PEO is an organization that provides comprehensive HR solutions to small and mid-size businesses, such as payroll, benefits, HR, tax administration, and regulatory compliance assistance.

Beyond Financial Wellness: Why Every CHRO Needs a Chief Payroll Officer

DailyPay

Beyond Financial Wellness: Why Every CHRO Needs a Chief Payroll Officer. Beyond Financial Wellness: Why Every CHRO Needs a Chief Payroll Officer. In their everyday lives, today’s employees expect the services they receive to be instant and seamlessly delivered. Webinar Series.

CHRO 52

Cafe Classic: The Seven Step Compensation Diet: Step #1 - The Mirror

Compensation Cafe

One of the truly classic series we've had the opportunity to feature is The Seven Step Compensation Diet by Chuck Csizmar. Everything you need to get your compensation program in shape - in one pithy and practical series! When it comes to Human Resources and the management of your payroll dollars, you need to cut the fat and tone the muscles; you need to go on a diet. So ask yourself: Do you have an HR / Compensation policy manual?

The Challenge of Misclassification in the Gig Economy

Astron Solutions

The report further expresses, “Employers who misclassify avoid paying payroll taxes and workers’ compensation insurance, are not responsible for providing health insurance, and are able to bypass requirements of the Fair Labor Standards Act, as well as the 1986 Immigration Reform and Control Act.”. For instance, Lyft recently settled a $27 million class-action lawsuit brought by drivers seeking to be classified as employees.

Outsourcing HR Functions: Is it Worthwhile?

Hppy

Human relations is an essential component and driver of a successful business. HR departments are typically tasked with all aspects of employee management, right from recruitment, screening, hiring, paying, handling employee complaints, and much more.

Why Have a Pay Structure?

Compensation Cafe

Once an organization reaches a certain size in employee population it is typical practice for the Human Resources department to replace the ad hoc compensation/reward process with a more structured program. impact on payroll expense. Base Salaries Compensation Philosophy

Tandem HR Acquires QTI’s PEO division

Tandem HR

The QTI Group is a privately owned human resources and staffing organization providing staffing, recruiting, compensation consulting, and outsourced HR to businesses headquartered in Wisconsin since 1957. Phone number: * How many employees does your company have? * Payroll.

Your Weekly Dose of HR Tech: Kashable – Low Cost Loans for Employees (@GetKashable)

The Tim Sackett Project

Today on The Weekly Dose I take a look at the HR Tech, voluntary employee benefit and financing solution for your employees called Kashable. Kashable is basically a simple way for your employees to borrow money, where you as a company are not involved, but can still ensure they get the assistance they need! Loaning out money to employees, through your company, always becomes a nightmare. Having this option for employees is important! .

Tandem HR Expands to Indiana

Tandem HR

Tandem HR partners with small, mid-size, and enterprise businesses to provide high-touch HR solutions such as payroll processing, benefits administration, employment law compliance, risk management, and much more. PRESS RELEASE.

Which Jobs Could I Pay as a 1099 Contractor?

Stratus.HR

Today’s gig economy makes it easy to find a professional to tackle just about any task, which would also save on taxes, benefits, and other costs associated with employees. Type of Relationship : Are there written contracts or employee type benefits (i.e.

Human resource management: the ultimate guide to HRM

Workable

Improve employee relations, raise retention rates, inspire employee performance, and create a positive work environment by investing time and effort into talent management. Human resource management (HRM) is the practice of hiring, training, compensating, managing, and retaining the employees of an organization. Employee training, professional development, performance management, and even inspiring and motivating employees, all fall under the definition of HRM.

HR for restaurants explained

Homebase

Restaurants need HR to help them manage everything from restaurant staffing, scheduling, compensation, payroll, and compliance. Train restaurant operators to handle their own HR issues like hiring, onboarding, firing, record keeping, and payroll. Payroll management.

HR Career Path: Everything You Need to Know

Analytics in HR

The typical progression of a worker’s career path went from an employee to a manager overseeing a team, to a director of a function, to a Vice President of a department, to a senior Vice President, and so on. Functional competencies and role-related skills include knowledge of: .