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15 Best HCM Software in 2024 (Based on Four Research Parameters)

Vantage Circle

Payroll Management : Automated payroll processing to ensure accurate and timely compensation. Compensation and Benefits: Compensation Planning : Helps design and manage salary structures, bonuses, and other forms of compensation. Audit Trails : Maintains a record of changes to employee data for compliance purposes.

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Payroll Challenges to Overcome in 2023 and Beyond

Zenefits

Compensating diverse and distributed workforces. A 2019 survey found that 1 in 5 employees were paid late at least once in the last year.). Payroll is becoming increasingly complex, as more and more workplaces go global or remote and compliance concerns increase. Compensating diverse and distributed workforces.

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PEO vs. HRO: Which Is Better for Your Business?

Zenefits

These may include payroll services, tax filing, health insurance benefits, workers’ compensation insurance, and avoiding or mitigating compliance issues. PEO vs. HRO: The decision depends on your business goals Growing businesses must implement processes to help them scale and thrive. appeared first on Workest.

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New DOL Proposed Overtime Rule Expected In October 2022

Zenefits

In September 2019, the United States Department of Labor (DOL) published a final rule, raising the salary threshold for certain overtime-exempt employees. If implemented, the final rule may be subject to legal challenges. Minimum annual pay level for highly compensated employees = $107,432 per year.

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Summer Brings Equal Pay for Equal Work for Mississippi Workers

Zenefits

Some bans go even further and prohibit employers from relying on prior pay history when determining compensation. Mississippi was the lone holdout for an equal pay measure after Alabama enacted its equal pay law in 2019. Evaluate your system of compensation for equity. Examine your compensation system.

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Everything You Need to Know About Wage and Hour Lawsuits

Zenefits

It can be daunting for employers to interpret, implement, and monitor the different wage and hour laws. million in 2019. Research concludes that overtime violations are the most commonly settled wage and hour allegations, representing around 40% of all settled cases from 2010-2019. paid sick leave). million in 2020 and $449.05

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10 People Sustainability Strategies for Your Business

Vantage Circle

There are several benefits to implementing people sustainability practices in the workplace, including 1. Consider implementing flexible work arrangements and promoting work-life balance to support their overall well-being. In a racist society, it is not enough to be non-racist; we must be anti-racist.'