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What Is Human Resources?

Analytics in HR

As a department, it is responsible for managing HR activities from recruitment and onboarding, compensation and benefits, learning and development, performance management, and employee relations to separation or retirement. Human Resources also refers to the workforce or people employed in an organization.

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UKG Solution Demand Drives Outstanding Second-Quarter Fiscal 2023

UKG

A 300% increase in users of UKG Wallet , which offers earned wage access, budgeting tools, financial literacy and counseling, and peer-to-peer payments that UKG customers say is a significant recruitment and retention tool. The momentum across all areas of our business shows how important what we do is.”

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Why Is Human Resources Important? 8 Top Reasons

Analytics in HR

Knowing why HRM matters requires a holistic approach and learning how it affects your organization’s success and growth. Let’s explore how HR supports and nurtures an organization’s most critical asset – its workforce. Contents What is HR? What is Human Resources Management (HRM)?

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How to track employee time effectively

Homebase

If the prospect of inaccurate timekeeping, accidental time theft, and headache-inducing payroll runs aren’t enough to make you reconsider manual time tracking methods, then how about the likelihood of underpaid employees? Or, if you use Homebase, you can run payroll directly from the timesheets dashboard. But don’t stress.

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Payroll Stats for Small Businesses

Zenefits

According to a number of studies and payroll states, every year the IRS penalizes small businesses billions of dollars for payroll errors– a burden that’s time-consuming, costly, and potentially hurtful in terms of attrition. US tax codes and the nuanced detail of payroll compliance are overwhelming at a minimum.

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Minimum Wage Increase: The Positives and the Pitfalls

Paycor

Adjusted for inflation, the federal minimum wage peaked in 1968 at $12.22 (in 2018 dollars). Yet, the current federal minimum wage has remained stagnant at $7.25 per hour for more than a decade even though the cumulative rate of inflation has risen more than 17%. Eighteen states and localities raised their minimum wages in 2018.

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Everything You Need To Know About Break Tracking For Small Businesses

Homebase

For example, in California, you’re required to provide a 30-minute break if a shift lasts over 5 hours. Meanwhile, Maryland’s Shift Break law for retail businesses says that a 15-minute break is required for a shift lasting 4-6 hours. Because let’s be real, we all love a good break. Your employees are no exception.