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.
Attention, all payroll personnel! Is the part of your job that requires calculating travel time the most dreaded part of your day? Do you know exactly what kind of travel time your company should be paying for? Goodness knows, you certainly don’t want hour and wage violations on your company’s record. The following will go through the most common travel solutions in regard to federal travel time rules for employee pay.
No, the “Pink Tax” is not something that is government levied. It’s not the kind of “tax”. It is a markup of services and goods charged to women when compared to comparable services and goods paid for (and purchased by) men. To bring attention to this phenomenon, a campaign was launched by Burger King. For a pink box of French fries, more was charged than for a normal box – but both boxes contained exactly the same portion of fries. Is your business using pricing that is gender-neutral? In fact, is your payroll department practicing neutral policies when it comes to how much men and women get paid?
Labor law compliance, no matter the size of your company, is essential. But did you know that the size of your company does determine your businesses’ compliance as far as labor laws go? Which labor laws you need to comply with can depend on how many employees are employed by your company. If you have more than 100 workers, for example, a multitude of laws apply. But if you have 14 employees or more, fewer may apply. Even if there’s only one staff member, any number of labor laws still apply. To be compliant with the labor laws that are applicable to your company, we have listed some guidelines.
To hear some people tell it, employee engagement is at an all-time low. But is that actually the case? Or is it yet another myth, thought up by people who clearly don’t have enough to do? Possibly, if the people who think up these ridiculous notions were more engaged in their jobs, there would be fewer inaccuracies in the world today. Let’s take a look at some of the most popular myths regarding employee engagement to see whether or not they ring true.
When HRA (health insurance reimbursement) is first set up by a company, one question is frequently asked: is there a required (or specific) time frame for employee health expenses reimbursement? Employees, likewise, frequently ask what kind of time frame they have within which to get paid for their health expenses. For the most part, deadlines for health insurance reimbursement are HRA plan document defined.