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3 Tech Tools No HR Department Should Be Without

Insperity

Let’s take a look at three key technology systems that, when working in unison, can help you go from feeling like an office manager to finally feeling like the HR director. Performance management software. Managers often don’t complete performance reviews on time, or at all. Payroll software.

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Is Your Annual Incentive Pay Plan the Right Fit For Your Business?

Insperity

Commissions: Financial reward given as a percentage of each incremental sale (best for sales employees). Piece rate incentives: Compensation based on the level of individual output produced (best for manufacturing or production roles). Start by doing industry research on the incentive plans used by your competitors.

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Is Your Annual Incentive Pay Plan the Right Fit for Your Business?

Insperity

Commissions: Financial reward given as a percentage of each incremental sale (best for sales employees). Piece rate incentives: Compensation based on the level of individual output produced (best for manufacturing or production roles). Start by doing industry research on the incentive plans used by your competitors.

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How to Calculate Variable Cost: Examples and Best Practices

Empuls

Labor is also referred to as piece rate labor as it is the wage that is paid out to laborers based on their output as compensation for their work. Businesses must strive to manage their variable costs so that they can have higher profitability. Some of the common examples of variable costs are: 1.

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3 Tech Tools No HR Department Should Be Without

Insperity

Let’s take a look at three key technology systems that, when working in unison, can help you go from feeling like an office manager to finally feeling like the HR director. Performance management software. Managers often don’t complete performance reviews on time, or at all. Payroll software. The value of integration.