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6 Compensation Trends for the Year Ahead

Zenefits

In its wake emerged the need to attract new talent in order to compensate for ongoing labor shortages. In its wake emerged the need to attract new talent in order to compensate for ongoing labor shortages. But it’s still important to have a robust compensation package to help secure new hires to fill your open positions.

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HR vs. Payroll: What’s the Difference?

Zenefits

If your organization has two separate departments or you want to create them, it’s time to learn the difference between payroll and HR. Handle wage deduction information to ensure checks are accurate. As your organization grows, you’ll likely add new departments into the mix. What are payroll functions?

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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. These costs include, but go beyond, wages and salaries. These costs typically include total employee compensation, the employer’s portion of payroll taxes , administrative expenses, and more.

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Everything You Need to Know About Wage and Hour Lawsuits

Zenefits

Complying with federal, state, and local wage and hour laws can be intimidating. But comply you must — or risk a wage and hour lawsuit. This article delves into wage and hour lawsuits, including their prevalence, why employers should avoid them, and how to respond to one. paid sick leave).

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Workforce Management: Everything You Need to Know

Zenefits

To know why it is essential, you only need to look at the workforce’s pivotal role in an employer’s success. In short, employers need a productive workforce in order to thrive. This article will help you understand workforce management, including how to leverage it to drive positive business outcomes. What “workforce management” means. Forecasting.

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What Does the FLSA Mean by “Hours Worked”?

Zenefits

Your business is likely subject to the Fair Labor Standards Act (FLSA) , which requires covered employers to pay employees for all hours worked. But what exactly are “hours worked?” While this may seem self-explanatory, “hours worked” has numerous layers influencing compliance. What are hours worked? Waiting time.

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Incentive Compensation: Why Your Strategy Might Include It

Zenefits

Many organizations opt for an incentive compensation program as part of their total compensation strategy. An effective incentive compensation plan can produce an array of short- and long-term benefits for both employer and employee. What is incentive compensation? Why are incentive compensation plans valuable?