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10 HR Challenges and How to Overcome Them

Intoo USA

Designing—and upholding—compensation plans. It’s important to strive for compensation plans that are both fair and competitive. A good compensation plan is a solid way to attract quality talent and retain high performers. Creating comprehensive benefits packages. Complying with legal standards and regulations.

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10 HR Challenges and How to Overcome Them

Intoo USA

Designing—and upholding—compensation plans. It’s important to strive for compensation plans that are both fair and competitive. A good compensation plan is a solid way to attract quality talent and retain high performers. Creating comprehensive benefits packages. Complying with legal standards and regulations.

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How to Lay Off an Employee: Industry Best Practices

Intoo USA

Make sure to consider federal, state, and local laws, union agreements, and your company’s own employee handbook and contracts in creating your list. Some require that you provide departing employees with final paychecks on their last day of work; others require that you compensate departing employees for unused vacation or sick time.

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What To Do If You Get Fired: Quick & Simple Guide

Intoo USA

Read over your employee handbook and find out local and state laws concerning terminations so you know what you’re entitled to and what to expect. Will I be compensated for unused vacation or sick time? You’re legally entitled to this compensation in some states.). Ask for outplacement services. Leave on a positive note.

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How is Severance Pay Determined? How to Calculate Severance

Intoo USA

Mid-level employees might expect two to three weeks, while CEOs and other C-suite employees may expect even more compensation. Commission, bonuses, and other expected compensation. Since most laid off employees seek to quickly find new jobs, outplacement services are an important benefit to offer to help employees land new employment.

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Severance Package: 7 Reasons Your Company Needs One

Intoo USA

When employees leave a company, they are entitled to receive regular wages for time worked, plus compensation for accrued vacation time. Beyond that, companies aren’t required by law to provide additional benefits like severance pay, unless promised in an employee contract or handbook.

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Reduction in Force Best Practices: How to Protect Your Employer Brand

Intoo USA

If you fail to let employees know about the layoff within this timeframe, your company may have to compensate workers for wages lost. You will also want to consult your company’s employee handbook and contracts. Offer a severance package with outplacement services. In addition, your company may have union agreements to honor.