The holidays are coming. Even if you don’t personally celebrate the Thanksgiving/Christmas holidays, your business likely has to deal with payroll processing in a special manner (and any other legal holiday, for that matter). For many businesses and their employees, direct deposit is a very common aspect of payroll processing. But banks aren’t open on holidays. So, is direct deposit affected?
Millennials reportedly don’t value material items like cars or houses as much as they do travel and vacations. They would rather get away from it all for a while than pay off a debt. So, as an employer, know that time off requests by a good 35% of your workforce will be used to its utmost. That’s the percentage of millennials in most businesses today.
Gender diversity in the workplace is a hot topic these days. And well it should be – for any number of reasons. And though sales and profits can improve through an equal gender mix, some organizations just refuse to jump on board. They’re not devoting the attention and time needed to create a more balanced workforce. This particularly applies to positions of a higher level.
You’d like to think that all of your employees are honest. Unfortunately, some 43% of workers are guilty of company theft. If you put that together with hour and wage litigation being on the rise, it’s more important now than ever that your company practice accurate employee time tracking. Time tracking compliance is an essential part of running a reputable business.
Truth be told, it’s no easy task being responsible for COBRA management. But your business can end up showing out an awful lot of money if you end up missing a deadline and being assessed out of compliance penalties. To try to help businesses avoid this headache, we’ve put together several of the most common mistakes seen in COBRA management.
At the heart of any business is the payroll processing department. There would be no business, sooner than later, if you weren’t paying your employees. But without the right payroll software provider, paying your employees accurately and in a timely manner can become anything but a sure thing. Let’s find out how to choose the best payroll software providers for your needs.
To boost performance and future growth, many of today’s organizations are turning to changes in their business culture. In several aspects, an organization should outperform its peers to develop a high-performing culture. The aspects included here can be engagement, workforce productivity, innovation, and business performance. This is done continuously, over a period of time.
So, to develop a winning culture, what are the best practices used in performance management by organizations today?
We exist in a day and age where personal information and identities are stolen everyday. And that’s just on a personal basis. In the business world, data protection is becoming a real hot button. But to know how to protect the sensitive data involved in your business, you have to know how cybercriminals accomplish their dirty work. Unfortunately, knowing isn’t enough. You have to put in place a security chain. And that involves enlightening your employees so that they won’t become your weakest link.