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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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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. But, things like fair pay, better benefits options, and job responsibilities are well within a business’s control. So What Should Businesses Do?

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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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Retirees Are Re-entering the Workforce: What It Means for Employers

Zenefits

Retirement-aged employees, as well, found themselves heading for the door. The Employee Benefits News website says , “Retirement-aged employees were the first to go when COVID began.” As employers sought to cut costs to cope with the economic fallout from the pandemic, many decided to begin with retirement-aged employees.

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How To Calculate Total Compensation

Zenefits

That balance can be a challenge, therefore the company’s compensation strategy must be well informed. Both types of programs can incentivize employees to help the company do well overall. The most common retirement plan for employers to provide is a 401(k), but there are other options.

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PEO Costs: Does PEO Make Sense for Your Business?

Zenefits

Many PEOs employ certified employee benefits specialists and certified payroll professionals. According to the National Association of Professional Employer Organizations (NAPEO), more than 15% of businesses with 10-99 employees rely on PEOs for payroll, record keeping, and other HR functions.¹ As a percentage of total payroll.

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Top 2022 Employee Complaints and How to Address Them

Zenefits

Automate payroll. Automate payroll. Retirement packages. Companies that hope to keep employees long-term must find ways to support those employees throughout their careers and into their retirement years. What’s your biggest 2022 HR challenge that you’d like to resolve. Answer to see the results.

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