Insperity

FEBRUARY 11, 2021

Starting or acquiring a business is a rewarding experience, and your employees would likely agree. As an employer you shoulder a lot of responsibility, especially when it comes to employee compensation. Understanding the difference means knowing how to report income, withhold and pay taxes, and handle overtime for each group.

Payroll 103

Payroll Overtime Deductions Deductible 103

HR Lineup

MARCH 29, 2024

Bonuses and Commissions: Additional incentives provided to employees based on performance, sales targets, or other predefined criteria. Overtime Pay: Compensation for hours worked beyond regular working hours, often paid at a premium rate.

Salary 52

Salary Retirement Plan Taxes Health Insurance 52

Qandle

SEPTEMBER 20, 2024

Employee Records: Centralizes employee information, including personal details, job history, and performance evaluations. Benefits Administration: Manages employee benefits, including health insurance, retirement plans, and leave tracking. Plan and execute data migration carefully to ensure accuracy.

Payroll Manager 77

Payroll Manager Payroll Payroll Software Management 77

Qandle

SEPTEMBER 6, 2023

Running payroll refers to the process of calculating and distributing employee compensation, including wages, salaries, bonuses, and deductions, within an organization. Calculate Gross Pay: Calculate each employee’s gross pay, which includes their base salary or hourly wage, overtime, and any bonuses.

Payroll Software 52

Payroll Software Payroll Software Gross Pay 52

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 61

Bonuses Commissions Salary Overtime 61

Qandle

SEPTEMBER 22, 2023

Termination and Resignation: Employee handbooks often provide information on the procedures for resigning from a job and the circumstances that may lead to termination, as well as any relevant exit processes.

Retirement Plan 52

Retirement Plan Software PTO Overtime 52

Empuls

SEPTEMBER 25, 2023

Overtime regulations Labor laws have become stringent around overtime payments. These changes emphasize the necessity of keeping meticulous records and ensuring that non-exempt employees are compensated for their extra hours of work. For more information on this changing legislation, keep reading.

Family and Medical Leave Act 40

Family and Medical Leave Act Overtime 401(k) Benefits Package 40

PeopleStrategy

NOVEMBER 7, 2017

With a plan in place, you can finish off the year strong and with your sanity intact. Verify employee compensation. Verify compensation information for every employee in your organization. To help guide your efforts, we’ve put together this checklist of year-end tasks for HR.

Flexible Spending Account 58

Flexible Spending Account Taxes Flexible Spending Retirement Plan 58

Insperity

FEBRUARY 15, 2018

When you’re overwhelmed with the day-to-day tasks of running a business, employee performance concerns may be overlooked and others may spend time and effort compensating for an underperforming team member. Why is your overtime payout way up over the past six months? Have you seen a large increase in employee-related expenses?

401(k) 68

401(k) Professional Employer Organization Benefits Package Payroll 68

Professionals Alternative

FEBRUARY 21, 2024

Payroll is an integral part of HR administration, and it involves the management of employee compensation, ensuring accurate and timely payments, and maintaining compliance with various regulations. They also work closely with employees, addressing any concerns or inquiries related to their compensation.

Human Resources 52

Human Resources Payroll Employee Compensation Payroll Software 52

Vantage Circle

JULY 13, 2021

In this article, you will learn: What are your employees looking for through their Total Rewards Strategy. How to approach a Total Rewards Strategy that ensures benefits for both employees and employers. How to manage all aspects of employee compensation, reward, and recognition. The more visible the rewards, the better!

IT 52

IT Bonuses Employee Retention Benefits Package 52

Workers' Compensation Perspectives

SEPTEMBER 30, 2019

.); "total amount paid to employees over a period," hence, via records-keeping, "list of employees receiving pay." [ See [link] ] Today, the word “payroll” more often than not refers to the department or system that manage employer costs for a range of employee compensation components.

Workers’ Compensation 52

Workers’ Compensation Payroll IT Overtime 52