article thumbnail

Top Benefits of Global Contingent Hiring | ClearCompany

ClearCompany HRM

They’re working with smaller budgets for payroll and employee benefits. Global contingent hiring can reduce payroll costs by 40-70%. 8 Advantages of Hiring Global Contingent Workers GloballyHiring Leveraging global hiring and contingent workers helps businesses meet staffing needs quickly without going over budget. Did You Know?

article thumbnail

Tech is changing the game for compensation managers

HR Brew

Gone are the days of sifting through Excel cells or binders to audit employee compensation on a once-a-year basis. The proliferation of pay data makes HR’s role more complex, but technology has also evolved to meet the needs of today’s compensation managers. We used to get binders,” he said. “We Now, everything is electronic.”

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Complexity of Compensation and Benefits in Modern Workplaces

EmployeeConnect

In the modern workplace, where attracting and retaining top talent is paramount, the realm of compensation and benefits management stands as a crucial pillar of employee management strategies. It involves striking a delicate balance between meeting employees’ financial needs and aligning with industry standards.

article thumbnail

Experience Matters: How 3+ Years of Payroll Expertise Sets You Apart in the Job Market

Professional Alternatives

[link] Navigating the Job Market: The Invaluable Impact of 3+ Years of Payroll Proficiency The Importance of Payroll Proficiency in Today’s Job Market In today’s competitive job market, job seekers are constantly looking for ways to stand out and secure their dream job.

article thumbnail

You Can Successfully Clear Your Year-End To-Do List

PeopleStrategy

For those new to their positions or looking for a fresh take on end of the year tasks, this rundown looks at general activities, compliance-related activities, and employee compensation and benefits activities. What are some key areas that you need to meet and improve upon in the coming year? Employee bonuses and payroll.

article thumbnail

Unlocking Your Payroll Strategy’s Full Potential

EmployeeConnect

Forward-thinking business and thought leaders are increasingly recognising that payroll processing goes beyond transactional accuracy and plays a pivotal role in achieving strategic business goals. Since payroll data affects every employee, investing in self-service automation is financially prudent.

article thumbnail

Employer of Record vs. Staffing: What’s the Difference?

HR Lineup

In the modern business landscape, companies often find themselves needing to expand their workforce to meet growing demands or undertake new projects. EORs manage all aspects of HR administration, payroll, benefits, tax compliance, and other employment-related functions for the workers.