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How Payroll Contributes to Company Culture

Achievers

A performance-based pay model means your employees get compensated for their commission and target-based bonuses, meaning employees are satisfied that their pay is 100% accurate. To learn more about how to incentivize the modern workforce, download Achievers’ e-book. . . Encourages Employee Progression.

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How to handle compensation during uncertain times

Insperity

You have the option to end bonuses that employees can earn – usually on a quarterly, semiannual or annual basis – for meeting predetermined performance criteria. Otherwise, you could face charges of discrimination and find your company the subject of a complaint with the Equal Employment Opportunity Commission (EEOC).

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What are the top features and benefits of payroll software?

cipHR

Self-service capabilities that enable employees to view and download payroll checks online on mobile devices and computers and to change deduction amounts. The standard features of payroll software which you need to be aware of, include: Online payslips, P60s, P11Ds, and P45s which employees can access anywhere, anytime. Generated tax forms.

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Post-pandemic employee turnover: Why it’s happening and what to do about it

Insperity

According to the 2021 Employee Engagement and Retention Report , commissioned by the Achievers Workforce Institute, 52% of employees in North America will look for a new job in the near future. Some companies now offer bonuses and other perks to entice candidates.

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Top 5 reasons to check your payslip

cipHR

While the onus is on employers to pay their employees correctly, there is some responsibility on the employee to make sure that any variable payments, such as overtime or commission, are paid. Download CIPHR’s Payroll Bureau Services brochure. Anything that is likely to change earnings, tax codes or NI letters, for example.

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7 strategies for a successful total rewards program

Insperity

Examples include base wages, premium pay (such as on-call and holiday pay), variable pay (such as commissions and bonus programs), perks (such as company car, transportation stipends, and phone bill reimbursement), incentive programs (such as profit-sharing and performance shares), and severance pay.

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What you can and can’t do when employees discuss wages

Insperity

Commissions. Download our free e-book, Employment law: Are you putting your business at risk? Repeat the salary surveys periodically to check that your wages are still in line with industry standards. When determining compensation, there are a number of variables to consider. It can be based on many things: Base salary.

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