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HRIS vs. ATS: Which HR Tool Best Fits Your Business Hiring Needs?

HR Lineup

Benefits Administration: Tracks and manages employee benefits, such as health insurance, retirement plans , and leave policies. Time and Attendance: Records work hours, leave balances, and overtime. Benefits Administration: Manage employee benefits like health insurance and retirement plans.

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What is Hire-to-Retire (HTR)?

HR Lineup

Benefits Administration: Offering competitive benefits such as health insurance, retirement plans, paid time off, and wellness programs. Retirement Planning: Assisting employees with retirement planning and providing support through retirement benefits and financial advice.

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How to Create a Pay Stub for Employees?

HR Lineup

Earnings: Gross wages Overtime pay Bonuses or commissions Reimbursements 3. Deductions: Federal and state taxes Social Security and Medicare contributions Health insurance premiums Retirement contributions 4. Hourly Employees: Input regular hours and overtime hours, if applicable. Calculate gross wages based on the hourly rate.

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The New #FLSA Overtime Changes: Make Sure Company Policies Are Aligned

HR Bartender

Department of Labor with changes to the overtime provision of the Fair Labor Standards Act (FLSA). They’re also having internal discussions about how to manage overtime pay and payroll expenses. Exploring the Overtime Policy Piece. Auditing your policies surrounding the issue at hand – overtime – could be a good start.

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Role of Payroll Software in Eliminating Compliance Risks

Qandle

Labor Law Violations: Employers must ensure they are complying with labor laws, such as minimum wage requirements, overtime regulations, and employee classification (e.g., 3 Ensures Accurate Overtime and Hour Tracking Accurate tracking of overtime hours is essential for compliance with labor laws. exempt vs. non-exempt).

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Why You Need a Total Compensation Report: Unveiling the Hidden Value for Employees – Includes a Free Sample

COMPackage

Benefits: A detailed breakdown of employer-sponsored benefits like health insurance, paid time off (PTO), retirement plans (including company contributions), and wellness programs. Salaried Employees: Focus on annual salary, bonus potential, retirement plan features, and detailed benefit summaries.

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10 Best Employee Database Software in 2024

HR Lineup

Time and Attendance Tracking: Time and attendance tracking capabilities allow for precise monitoring of employee working hours, overtime, and leave. This feature helps in maintaining accurate attendance records, identifying patterns such as absenteeism, and ensuring compliance with labor regulations regarding working hours and overtime.

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