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3 Tech Tools No HR Department Should Be Without

Insperity

Payroll software. Still running payroll on the manual system your business started with? Moving to an automated payroll system is a crucial first step. Payroll software can streamline the payday process and reduce the time necessary to enter information that is repetitive across all payrolls.

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Is Paying Your Employees Overtime Mandatory?

Abel HR

Per the DOL, “overtime must be paid at a rate of at least one and one-half times the employee’s regular rate of pay for each hour worked in a workweek in excess of the maximum allowable in a given type of employment.” ” But some employees are paid by the hour, some are salaried, and some receive a piece rate.

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3 Tech Tools No HR Department Should Be Without

Insperity

Payroll software. Still running payroll on the manual system your business started with? Moving to an automated payroll system is a crucial first step. Payroll software can streamline the payday process and reduce the time necessary to enter information that is repetitive across all payrolls.

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Is Your Annual Incentive Pay Plan the Right Fit For Your Business?

Insperity

Piece rate incentives: Compensation based on the level of individual output produced (best for manufacturing or production roles). Stock options: Time-sensitive option to purchase shares of company stock at an exclusive rate. Commissions: Financial reward given as a percentage of each incremental sale (best for sales employees).

article thumbnail

Is Your Annual Incentive Pay Plan the Right Fit for Your Business?

Insperity

Piece rate incentives: Compensation based on the level of individual output produced (best for manufacturing or production roles). Stock options: Time-sensitive option to purchase shares of company stock at an exclusive rate. Commissions: Financial reward given as a percentage of each incremental sale (best for sales employees).