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Achieving Transparency in the Workplace: Strategies for Success (With Examples)

AIHR

Accountability : In a transparent workplace, people know who is accountable for what. According to a 2018 Slack research , 87% of workers wanted their future company to be transparent. Encourages accountability: When actions and decisions are made transparently, it creates a sense of accountability among employees.

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What You Need to Know about 401(k) Plans and Cryptocurrency

Zenefits

Since 2018, there has been a 237% increase in individuals owning Bitcoin. For those who manage employee benefits , it’s important to know that the primary benefit of adding cryptocurrency into a 401(k) plan is also its downfall: its high volatility. For example, in 2017 and 2018, Bitcoin lost 80% of its value.

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What You Need to Know About the Illinois Secure Choice Act

Zenefits

Today, individuals can no longer be sure that they will be able to receive Social Security benefits or be provided a pension by their employer. Since launching in 2018, the program has been open to employees who work for an eligible employer as well as individuals who want to enroll on their own and start saving. As employee elects.

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Where to Find an All-in-One California Workplace Safety Poster

Zenefits

They provide information about the rights and benefits of employees and break down these complicated topics in a way everyone can understand. Cal/OSHA’s enforcement and outreach led to a lower fatality rate than the national rate in 2018 (2.3 Simplify benefits administration. Simplify benefits administration. Remember Me.

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What Are Payroll Internal Controls? And Why You Need Them

Zenefits

Bank account information. Benefits information. Between January 1, 2018, and June 30, 2019, the FBI’s Internet Crime Complaint Center (IC3) received claims regarding total reported losses of $8.3 Simplify benefits administration. Simplify benefits administration. The Compliance Factor. Time theft.

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Paying Employees with Cryptocurrency: The Pros and Cons

Zenefits

When he realized it in 2018, the roughly 700 Bitcoins he got were worth millions. But, in general, here are some pros and cons to consider: What are the benefits of paying employees with cryptocurrency? Compliance risk. If that happens, you could end up scrambling for compliance at the last minute. No account yet?

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The Retirement Landscape in New York, New Jersey, and Connecticut Is Changing: What Businesses Should Know

Zenefits

Choosing a retirement benefits package. Employers have many options when choosing a retirement benefits package for their company, but offering a 401(k) plan has become the veritable gold standard. Utilizing 401(k) retirement benefits can be a great tool to attract and retain talented employees. 25+ employees: Not yet announced.