How To Create a Salary Plan

Don’t use guesswork when figuring out how much to pay your employees. You need a comprehensive, long-term plan to figure out a talent strategy. Here’s a checklist to get started on creating a strategy: List the job responsibilities, duties, required skills and experience of every role to determine the value each job brings to your … Read more

Breadcrumbing Job Candidates: Why You Should Avoid Doing It

Competing for talent is not easy, especially in a tight labor market. To snag the most qualified candidates, employers must make a good impression. But some employers sabotage their recruiting efforts by breadcrumbing candidates. Breadcrumbing is when a hiring manager or recruiter strings along a job candidate. They give just enough to keep the candidate … Read more

The Strategic Role of the CFO

The chief financial officer of a company has always had a seat at the table, but the current business environment combined with changes wrought by the pandemic make the role even more important. CFOs, who are already dealing with the perfect storm of rising prices, higher interest rates, continuing supply chain issues and labor shortages, … Read more

Improve Your Payroll Audits With Automation

Payroll is a core feature of all businesses, and it is very important as it heavily impacts the morale of employees. After all, if employees aren’t paid appropriately for their work, you can expect them to leave.  Payroll also impacts a number of business processes, including human resources and finance. The employee aspect and interrelatedness … Read more

Integrated Timekeeping: A Strategy for Preventing Payroll Errors

Under the Fair Labor Standards Act, employers are required to maintain updated records of the hours worked by nonexempt employees. According to the FLSA, employers are also expected to pay nonexempt employees for all of the hours they work. As such, it is of utmost importance that employers ensure accurate timekeeping and payroll processes as … Read more

Flexible Work Is Key to Retention

In a flexible work arrangement, employees typically get to choose their work location and their work arrival and departure times. They may also have the ability to schedule their workday however they see fit. But as noted by the Department of Labor, “Under some [flexible work] policies, employees must work a prescribed number of hours … Read more

Qualities of a Good Payroll Technology Demo

A product demonstration or demo enables vendors to present the value of their product or service to prospective buyers. So if you’re in the market for payroll technology, product demos are an essential part of the process. Before you look for demos, you’ll need to identify your payroll pain points and the necessary solutions. Then … Read more

Maryland Enacts Paid Leave Law – What It Means For You

Last month the Maryland Legislation voted to pass a paid family and medical leave insurance program. Called the Time to Care Act, the new legislation establishes a state-administered fund (the Family and Medical Leave Insurance Fund) to which employees, employers, and self-employed individuals will make contributions. It guarantees nearly all Maryland employees the right to … Read more

How To Choose a Financial Wellness Vendor

In a 2020 survey, 44.9% of respondents said they would view their employers in a better light if they provided a financial wellness program, and nearly one-third said they would participate in a financial education program if their employer offered it. A different 2020 survey found that “62% of employers feel extreme responsibility for their employees’ financial wellness, … Read more

Is This Your Situation: You Want a Paperless Payroll

Paperless payroll is a paper-free payroll process that has become hugely popular in recent years. But despite the groundswell of support for paperless payroll solutions, employers should examine the details before making the switch.  Six pros of paperless payroll Electronic storage — Stores payroll documents on your computer, eliminating clutter and making payroll documents easier … Read more

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