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For decades, large corporations and many other employers have been offering employee benefits, such as health insurance and retirement plans, as a way to attract and retain talent. However, providing a variety of benefits that support employees’ overall well-being and ability to fulfill goals outside the office can yield an array of advantages for organizations…
Have You Audited Your HR Practices? For CPA firms and other businesses in the accounting industry, the stress of delivering optimal results for clients in light of a complex, ever-changing tax code can detract from effective workforce management and compliance with employment laws. However, it is crucial for employers in any industry to periodically review…
Minimize Employee Absenteeism with Time & Attendance Software If you did a head count around your workplace, how many absences would you notice? Maybe one or two every day? Perhaps a handful each week? According to 2017 Bureau of Labor Statistics, the absence rate for full-time employees is 2.9%. That means if your company has…
Numbers speak louder than words, especially when it comes to tracking performance and making strategic decisions that drive growth. So, the question becomes: What numbers should HR teams focus on? The most important human resources metrics are the ones that tie into the company’s high-level goals and bottom-line numbers. Executives want to get a pulse…
Agency Reverts to 2008 Guidance The U.S. Department of Labor (DOL) has withdrawn its 2014 guidance regarding the meaning and scope of the term “employment relationship” under the federal Fair Labor Standards Act (FLSA) and replaced it with its guidance from 2008. As a result of this move, the DOL no longer advises that “most…
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