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6 Compensation Trends for the Year Ahead

Zenefits

In its wake emerged the need to attract new talent in order to compensate for ongoing labor shortages. But it’s still important to have a robust compensation package to help secure new hires to fill your open positions. According to BLS, total employer-to- employee compensation costs for civilian employees averaged $41.86

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Future-Proof Your Strategy: Competitor Analysis

UVA Darden

You need a thorough strategic analysis that identifies and analyzes your direct competitors to forecast your future cash flows and calculate an expected market value for your business. Harris has written extensively on the topics of executive compensation and other governance-related topics.

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Payroll Form Savvy for Compliance and More

Zenefits

They also function as a report that companies can send to the government, including the IRS. This information usually includes wages, bonuses, deferred compensation, and tips. Easy access is useful for preparing such items as an accounting or tax statement, responding to an audit, and more. Why are payroll forms important?

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Everything You've Ever Wanted To Know About ESOP Plan

Vantage Circle

ESOP plan (employee stock ownership plan) is a form of employee compensation that provides employees with an equity stake in the company. In an ESOP plan, the employees own these stocks, which are sometimes turned into an individual retirement account. Recommended Read: A Quick And Simple Guide To Compensation Planning.