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How to tackle wage growth and remain competitive in a tough market

Insperity

Anyone involved in hiring and retaining employees is torn between important and seemingly contradictory objectives: Address employees’ pain and concerns about the increased cost of living so you can prevent them from disengaging or leaving the company in search of a higher salary elsewhere. ( The Great Resignation is ongoing, after all.).

Salary 102
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The Coronavirus Aid, Relief and Economic Security (CARES) Act: An employer’s guide

Insperity

Note that Accommodation & Food Services businesses (NAICS code starting with 72) are allowed 500 employees per location. Please also note that any relationship with a professional employer organization (PEO) does not impact an employer’s eligibility for a loan under the Paycheck Protection Program.

Payroll 97
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6 ways to give employees purpose without sacrificing profits

Insperity

When a business fails to offer employees more than their standard salary and benefits, it misses an opportunity to fully engage its workforce, which may lead to turnover and flat growth. You might alternate hosting a holiday toy drive, a fundraiser and an afternoon working at a local food bank, for instance.

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Business owner beware: FLSA compliance and personal liability

Insperity

For example, a family member may draw a salary and perform a variety of tasks “as needed,” such as ordering office supplies and filling in when regular employees are out. Employees working in an executive, administrative, or professional capacity may be exempt. I build extra pay into employees’ salaries to make up for any overtime.

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How to tackle wage growth and remain competitive in a tough market

Insperity

Anyone involved in hiring and retaining employees is torn between important and seemingly contradictory objectives: Address employees’ pain and concerns about the increased cost of living so you can prevent them from disengaging or leaving the company in search of a higher salary elsewhere. ( The Great Resignation is ongoing, after all.).

Salary 85
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An in-Depth analysis of the Best HR software solutions and how to pick one

Business Management Daily

What’s great about Paycor is they understand the HR and payroll needs of various niche industries, such as: Healthcare Manufacturing Retail Food and Beverage Education Nonprofits As such, Paycor will tailor its software to your specific business needs, which is invaluable for companies in the industries listed above.