article thumbnail

Top 15 Tips to Track Payroll Metrics

HR Lineup

These KPIs will serve as benchmarks for measuring the effectiveness and efficiency of your payroll processes. Common payroll KPIs include payroll accuracy rate, timeliness of payroll processing, compliance with tax regulations, and employee satisfaction with payroll services.

Payroll 130
article thumbnail

Essential HR Tools Every Company Should Have for Excellent Employee Retention and Productivity

Hppy

Most of these systems work as central platforms for HR departments and often include integrations or modules that provide you with much-needed access to: Benefits management Payroll services Performance appraisals Recruitment Management Most companies have discovered that using Human Resources tools that manage recruitment is effective.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

7 PEO benefits that can save you money

Insperity

PEOs also conveniently automate the payroll process and handle your withholdings, W-2s and garnishments. A PEO can provide access to a retirement savings program that includes 401(k) plans – a benefit offering that may help your employee retention. Retirement plans.

401(k) 66
article thumbnail

Outsourcing HR services for your small business: What you need to know

Insperity

Let your outsourcing partner offer benefits to your employees under plans that they sponsor, while an HR specialist takes care of a multitude of tasks such as FSA, COBRA and retirement administration duties. Employee retention. What is the cost for outsourced HR and payroll services?

Payroll 76
article thumbnail

10 steps to maintain end-of-year payroll compliance

Business Management Daily

Some businesses provide a holiday bonus as a show of appreciation to employees. This year is an especially important year to show your appreciation to employees, as many businesses are struggling with employee retention right now.

Payroll 52
article thumbnail

Case Study Vignette: Streamlining HR Operations for Growth – Calibre Scientific’s Strategic Partnership With Insperity

3Sixty Insights

Fostering a highly innovative small business or start-up can require a visionary founder, a great product, and substantial investment, but it is predicated on having the right workforce supporting it with top talent and expertise to drive continued success.

Payroll 115
article thumbnail

4 Payroll Software Features Every Small Business Owner Needs

Insperity

Payroll software should also be updated timely with tax law changes especially at year-end to ensure a smooth start to the new year and end of year tax filings. Beyond streamlining your payroll process, alerts related to birthdays and work anniversaries are a useful tool in your employee retention efforts.