HR Digest

APRIL 13, 2023

Managing employee benefits and compensation is an essential function for any organization that wants to attract, retain, and motivate top talent. Employee compensation and benefits are critical components of an organization’s total rewards package, which is a key factor in employee satisfaction and engagement.

Employee Compensation 64

Employee Compensation Profit Sharing Plan Retirement Plan Commissions 64

UpstartHR

JANUARY 27, 2015

The post Employee Compensation–What is Your Biggest Frustration? I’m doing a short, two question survey to help me prepare for a presentation I’m doing in February. If you take 2 minutes to respond I’ll send you a copy of the slides and a video discussing the topic. Click here to complete the 2-question survey.

Employee Compensation 63

Employee Compensation 63

Wellable

JANUARY 25, 2021

The question for January was about whether or not employers plan to adjust employee compensation plans to account for remote work. Every month, Wellable asks a single question to the large, growing, and dedicated community of human resources and wellness professionals subscribed to the Wellable Newsletter.

Employee Compensation 64

Employee Compensation Human Resources Employment 64

HR Digest

OCTOBER 29, 2018

Every employer is expected to create employee compensation and benefits plan for their employees. It’s a vital part of the employer-employee relationship that can never be neglected. These compensation and benefits do vary in different organizations. 3. Communicate with the employees.

Employee Compensation 53

Employee Compensation Benefits Package Workers’ Compensation Medical 53

Ahmed's Universe

NOVEMBER 11, 2021

Document generation : If there is little doubt that producing a P ayslip is a task best left with your local Payroll tool(s), you may decide that it makes sense from a business perspective that storing it in your new HRIS as part of Employee Documents (depending, of course, on your vendor's technological prowess.)

Payroll 370

Payroll Payroll System Salary Employee Compensation 370

Vantage Circle

AUGUST 4, 2021

Just like how employee compensation is a topic that concerns all employees, it’s a vital aspect of the HR function as well. When it comes to compensating employees, what you offer and how you structure your pay plans are key factors in attracting and retaining talent. Employee compensation isn't about the money.

Employee Compensation 52

Employee Compensation Commissions Overtime Salary 52

HR Lineup

APRIL 10, 2023

They ensure that employees understand their benefits and can take advantage of them. Compensation and Benefits HR professionals are also responsible for managing employee compensation and benefits. They work with management to develop and implement compensation strategies that attract and retain top talent.

Family and Medical Leave Act 246

Family and Medical Leave Act Retirement Plan Health Insurance Human Resources 246

HR Lineup

NOVEMBER 30, 2021

These services include HR consulting, payroll processing and tax filing, employees’ compensation insurance, safety, and risk management services, hiring across various jurisdictions, retirement vehicles, and more. You may think that working with a PEO means losing control of your business.

Professional Employer Organization 245

Professional Employer Organization Human Resources Disability Insurance Insurance 245

HR Lineup

OCTOBER 11, 2021

With this compensation strategy, it is easier to structure performance-based benefits as well as streamline payment adjustments. As a result, your employees will stay motivated hence improve retention.

Executive Compensation 245

Executive Compensation Consulting Human Resources Employee Compensation 245

HR Lineup

SEPTEMBER 25, 2023

Global payroll refers to the process of managing employee compensation , tax compliance, and other related financial responsibilities across international borders. In this article, we will delve into the concept of global payroll, its challenges, and the importance of effective global payroll management. What is Global Payroll?

Global Payroll 238

Global Payroll Payroll Payroll System Payroll Software 238

HR Lineup

JANUARY 17, 2023

The software also allows managers to set up different compensation plans for different levels of employees, such as executives, managers, and individual contributors. One of the key benefits of Lattice’s compensation management feature is its ability to automate the process of setting and updating employee compensation.

Bonuses 130

Bonuses Employee Compensation Software Salary 130

HR Lineup

FEBRUARY 2, 2023

Arcoro is a leading provider of compensation solutions designed to help organizations manage their employee compensation processes efficiently. This helps organizations to make informed decisions about employee compensation, ensuring that they remain competitive and attract top talent.

Employee Compensation 130

Employee Compensation Salary Payroll Management 130

COMPackage

SEPTEMBER 30, 2024

Total Compensation Report Template: Track, Analyze, and Optimize Employee Compensation A total compensation report template is a valuable tool for HR departments, providing a comprehensive overview of an employee’s compensation package.

Employee Compensation 40

Employee Compensation 401(k) Disability Insurance Overtime 40

HR Lineup

JANUARY 24, 2023

Assemble is a software company that provides a cloud-based platform for compensation management. Their platform aims to streamline the process of managing and distributing employee compensation, making it easier for businesses to ensure that their employees are fairly compensated for their work.

Employee Compensation 130

Employee Compensation Bonuses Software Management 130

HR Digest

JUNE 23, 2022

So, it is not surprising that compensation trends for a post-pandemic world look vastly different from the one before the pandemic. Employee compensation trends have been heavily influenced by the change in work culture and expectations. Compensation trends change from time to time depending on the market.

Employee Compensation 98

Employee Compensation Human Resources Paid Leave Benefit Providers 98

HR Lineup

JANUARY 17, 2023

Compport is a compensation software that helps businesses manage and streamline their compensation processes. This software offers a wide range of features that allow businesses to easily track and manage employee compensation, including base pay, bonuses, and other forms of compensation.

Bonuses 130

Bonuses Employee Compensation Software Management 130

HR Lineup

FEBRUARY 20, 2022

Compensation and Benefits. Structuring employee compensation and benefits is another emerging challenges of HRM. Consider having frequent meetings and let them know about recent developments. Regular feedback is also essential to identify areas that need extra attention.

Human Resources 246

Human Resources Management Electronics Recruitment 246

HR Lineup

JULY 25, 2022

So, culture is the basis of employee-employer mutual understanding, plus bringing about cohesion and trust in the company. You should elaborate on employees’ compensation and benefits in the employee value proposition, including their salaries, insurance covers, paid time off, and other rewards like shopping vouchers.

Employment 246

Employment IT Recruitment Salary 246

HR Lineup

MAY 11, 2022

Therefore, employees desire innovative employers who find alternatives out of hardship rather than sending them home indefinitely. Many employees have embraced the advancing technology because it promotes social interactions and career security. . Improve Employee Compensation and Rewards.

Employment 245

Employment Recruitment Technology Employee Compensation 245

HR Bartender

AUGUST 24, 2021

Offer a competitive compensation and benefits package. I realize a lot goes into the conversation about employee compensation and benefits. But the reality is, as the job market gets more competitive, so do compensation and benefits.

Recruitment 215

Recruitment Media Benefits Package Bonuses 215

Patriot Software

DECEMBER 18, 2024

If you have nonexempt employees, you have to pay them overtime wages whenever they work overtime hours. In each pay period, you need to track employee time worked. Then, at the end of the pay period, you will calculate employee compensation. You will also have to withhold employment taxes.

Overtime 98

Overtime Taxes Payroll Employee Compensation 98

Hppy

JANUARY 9, 2025

This article discusses suggestions for companies and their HR departments on streamlining the management of workers compensation issues. Primary Duties of Human Resources Experts Human resource professionals impact overseeing employees compensation claims. Making sure claims are submitted on time avoids hold-ups.

Workers’ Compensation 36

Workers’ Compensation Human Resources Employee Compensation Hospitality 36

HR Lineup

JANUARY 29, 2023

This helps to identify areas for improvement and ensure that employees are aware of their strengths and weaknesses. Finally, Qandle’s payroll processing feature helps businesses to manage employee compensation and benefits, including salary, bonuses, taxes, and other deductions.

Payroll Software 130

Payroll Software Payroll Deductible Deductions 130

HR Lineup

AUGUST 6, 2024

Learning and Development: Integrated learning management system (LMS) for employee growth. Compensation Management: Robust tools for managing employee compensation and rewards. Performance Management: Continuous performance tracking and feedback mechanisms.

Software 246

Software Management Payroll Recruitment 246

Hppy

APRIL 12, 2023

There’s no such thing as a one-size-fits-all perfect compensation package – keep adapting it to fit the needs of your employees, and you can ensure that you maximise the efficacy of your approach. The post Why traditional employee compensation is not enough in 2023 appeared first on Hppy.

Employee Compensation 36

Employee Compensation Health Insurance Healthcare Retirement Plan 36

Bayzat

AUGUST 1, 2021

Employee Compensation Module. Manpower is an essential requirement of any business and they need to be compensated. This compensation comes with calculations of the market rate, and clear cost of service provided. In order to get the employee compensation module right, a lot of calculations must be done.

Employee Compensation 94

Employee Compensation Salary Recruitment Banking 94

Qandle

DECEMBER 5, 2023

Understanding Payroll Processing: At its core, payroll processing involves calculating employee compensation, including salaries, wages, bonuses, and deductions. This intricate task demands precision to comply with tax regulations and ensure employees receive their rightful earnings. What is the payroll processing function?

Payroll 98

Payroll Net Pay Gross Pay Payroll System 98

HR Lineup

APRIL 19, 2024

Conclusion Equity compensation is a vital component of modern employee compensation packages, offering employees the opportunity to share in the success of the companies they work for.

Equity Compensation 246

Equity Compensation IT Taxes Compensation Equity 246

HR Lineup

MAY 4, 2023

SumHR also provides various reports to help businesses track their payroll expenses and monitor employee compensation. Leave Management: SumHR’s leave management module allows businesses to manage employee leaves, including vacation leaves, sick leaves, and more.

Payroll Manager 130

Payroll Manager Payroll Hospitality Software 130

HR Lineup

FEBRUARY 1, 2024

In the dynamic landscape of human resources, managing compensation is a crucial aspect that directly impacts an organization’s ability to attract, retain, and motivate employees. Compensation goes beyond just the salary paid to employees and includes various elements designed to reward and recognize their contributions.

Bonuses 223

Bonuses Commissions Salary Overtime 223

HR Lineup

MAY 2, 2023

The payroll module in HROne is also a robust tool that simplifies the complex process of calculating employee compensation. HR managers can use this data to create custom reports and dashboards to track key performance indicators and identify areas for improvement.

Payroll 130

Payroll Commissions Deductible Deductions 130

Proskauer's Employee Benefits & Executive Compensa

NOVEMBER 3, 2023

Qualified Defined Benefit Plans 2023 2024 Increase from 2023 to 2024 Annual Maximum Benefit $265,000 $275,000 $10,000 Qualified Defined Contribution Plans 2023 2024 Increase from 2023 to 2024 Aggregate Annual Contribution Limit $66,000 $69,000 $3,000 Annual Pre-Tax/Roth Contribution Limit $22,500 $23,000 $500 Catch-Up Contribution Limit for Individuals (..)

Retirement Plan 101

Retirement Plan Employee Compensation Taxes 401(k) 101

Patriot Software

OCTOBER 18, 2022

In the foodservice industry, tips are an important part of employee compensation. Tips are added to employee wages so they can earn at least minimum wage. But, what happens when a tipped employee earns few tips? What are allocated tips?

Employee Compensation 93

Employee Compensation Payroll 93

PeopleKeep

OCTOBER 26, 2022

When looking to attract and retain qualified workers, you need to evaluate how your organization approaches its compensation package and employee benefits. With a tight labor market and changing demands from job seekers and current employees, you may need to adjust your employee compensation strategy.

Employee Compensation 98

Employee Compensation Recruitment Employee Benefits IT 98

HR Lineup

MAY 3, 2023

The module provides customizable performance evaluation forms, performance dashboards, and analytics, enabling organizations to measure employee performance and identify areas for improvement. The module includes tools for budgeting and forecasting, enabling organizations to plan for future compensation and benefits expenses.

Payroll Manager 130

Payroll Manager Human Resources Payroll Recruitment 130

COMPackage

NOVEMBER 2, 2024

Conclusion Total Compensation Reports are a powerful tool for HR professionals to build trust, enhance employee engagement, and attract and retain top talent. Investing in a robust TCR solution equips HR teams to communicate effectively and foster a thriving work environment.

PTO 40

PTO Retirement Plan Salary Bonuses 40

HR Bartender

AUGUST 10, 2017

To help us understand employee compensation, I asked Ann Bares if she would share her expertise and, lucky for us, she said “yes”. Ann is managing partner with Altura Consulting Group and contributor to the Compensation Force and Compensation Café blogs. Employee pay is a sensitive subject.

Employee Compensation 126

Employee Compensation Compensation System Human Resources Consulting 126