Remove 2018 Remove Compensation Remove Payroll system
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Top HR Technology Trends in 2018

Hppy

Here are some of our best predictions for 2018. For HR, the most exciting possibilities are probably the opportunity to make it possible for internationals to spread out their salary and compensation processes so that they are less expensive and far quicker to operate – all without losing privacy and even gaining transparency.

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Questions to Ask Before Purchasing a New Payroll System

Paycor

Selecting the best payroll system for your company is one of the most important business decisions you’ll make as a payroll professional. Your payroll system can make your team and employees feel as if there’s no easier system to use, or it can make them feel as if the company is trying to cost them time and cause stress.

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What Does the Era of Global Remote Work Mean for Payroll?

Immedis

In June 2018, Targus Research analyzed the impact of remote work in 16 countries and found that by 2030, remote work would contribute US$10 trillion to their economies, saving more than 3.5 Take the Facebook approach and re-benchmark the employees’ compensation to align with the payments in the new location.

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401(k) Contribution Limits 2019: What Employers Need to Know

ForUsAll

What Changed - Compensation Thresholds. Compensation thresholds for Key Employees and Highly Compensated Employees have changed for the first time since 2015! These cost-of-living updates to income limits mean that an employee has to make $5,000 more to be considered a Highly-Compensated or Key Employee.

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81% Users Will Stay with Their Employer Because of the Payactiv Benefit

Payactiv

The study also categorized several preventable categories and themes for employee turnover, which include compensation and benefits (10%) and well-being (9%). According to the Work Institute , the annual turnover cost in the US was over $617 billion in 2018 and more than 75% of that cost, or $479 billion, was preventable.

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Broker Forum: Addressing 5 Key Technology Pain Points

PlanSource

According to a 2018 BLS report , employer costs for employee compensation averaged $35.87 And, when benefit deductions aren’t correctly updated in payroll, paycheck deductions are incorrect and adjustments must be made. Benefits data exchange with carriers, TPAs and payroll systems require domain-specific expertise.

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Plan Sponsors Must Now Analyze 401(k) Plan Administration (Part 2)

HR Daily Advisor

Yesterday we began to explore some of the changes that the Bipartisan Budget Act of 2018 has made to the Tax Cuts and Jobs Act, and what it all means. Today we will continue to explore the topic, including the definition of compensation and hardship distributions. Compensation Definition.