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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. In addition, an organized, transparent payroll process helps the company function efficiently and understand its cash flow more comprehensively.

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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. Recommended Read: A Quick And Simple Guide To Compensation Planning. However, they can be beneficial for those companies that have larger cash flow and more resources. Meaning of ESOP.

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Furloughed Employees- How To Bring Them Back?

Vantage Circle

Since unemployment is compensated by states, not by the federal government, it will not suffer a budget lapse in the financial federal government shutdown. It is ideal for times when cash flows are poor and companies want to save money by cutting various kinds of costs till demand picks up.- Allows planning.