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HR Trends to Watch in 2017

Paycor

A year ago, Paycor offered guidance and advice on how to get started with Affordable Care Act compliance. So what’s ahead for 2017? Paycor offers mobile solutions to meet your timekeeping needs, merging the freedom of the cloud with the flexibility of mobile devices. We also offered support and solutions regarding U.S.

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The Biggest Cost of Doing Business: A Closer Look at Labor Costs

Paycor

Labor costs, which can account for as much as 70% of total business costs, include employee wages, benefits, payroll or other related taxes. Yet, according to a Paycor survey, HR professionals only spend 15% of their time managing labor costs. As any company leader knows, the biggest cost of doing business is often labor.

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Protect Your Restaurant from Wage and Hour Violations

Paycor

The hospitality industry (particularly restaurants) faces more wage and hour violations than any other industry. For example, if you have restaurants in multiple states you’re responsible for properly tracking hours and paying employees based on the state they work in. What if the DOL knocked on your door?

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New Research from Paycor Reveals HR’s Increased Impact on the Bottom Line

Paycor

According to SHRM , the national average cost-to-hire in 2017 was $4,425. CINCINNATI, Oct. Overview of survey findings: C-Suite Perceptions. The majority of CFOs (61 percent) don’t think HR impacts the bottom line. CFOs say the most important metric is total labor spend, while HR leaders say it’s employee engagement and retention.

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Social Security Wage Base – What Employers Should Know

Paycor

About 61 million people collected Social Security benefits in 2017, and the Social Security Administration projects that in 2018 about 63 million Americans will receive approximately one trillion dollars in Social Security benefits. from every employee’s wages. from every employee’s wages. Roosevelt in 1935.

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5 Ways to Mitigate HR Compliance Risk

Paycor

Wage Violations. In 2017 alone, the Department of Labor’s Wage and Hour Division collected more than $270 million in back wages for 240,000+ workers, and they’re not backing down. That’s why finding the right partner who can offer technology that ensures compliance will set your business up for long-term success.

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The Art of Building a Solid Human Capital Strategy

Paycor

According to Gallup’s 2017 “State of the American Workplace” report, only 33% of U.S. are more liable to steal from their employer, have a negative impact on coworkers and chase off customers. Providing training and coaching. Investing in supervisor training to help decrease turnover and increase engagement.