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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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How To Calculate Total Compensation

Zenefits

Total compensation reflects all that employees earn. Both employers and employees should be aware of total compensation packages so they can fairly evaluate employee pay. Employers must budget for all that’s included within an employee compensation package , and they must also compose competitive offers.

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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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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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On-site, fully remote, or hybrid? 3 things you must consider before deciding.

Business Management Daily

Most HRIS systems deal with tracking time and labor management (including PTO and attendance), payroll /taxes, benefits administration (and selections), employee demographic information, applicant tracking, onboarding, performance management , and more. An extra service lets you tap into a team of HR and payroll experts for questions.

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Employees Want Better Benefits, Study Shows They're Willing to Leave Current Job for Better Retirement Options

Guideline

One of the top reasons small business employees leave jobs is to get access to better benefits and retirement options, according to a new study by Zenefits. To be assured you’re offering the right rates for your area and job opportunities, try using compensation software or tools that give insights to reasonable pay ranges for your positions.

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Seattle Payroll Expense Tax

Zenefits

The City of Seattle, Washington will impose a new employer-only Payroll Expense Tax effective 1 January 2021. The filing of this tax was optional until Q4 2021and Zenefits is supporting this tax starting Q4 2021. Total annual payroll expense for employees who have annual compensation of $400,000 or more in the current year Rate = 1.7%

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