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HR Year-End Checklist: 10 Critical Areas to Assess

Extensis

Please refer to your regional and industry-specific legal guidelines or consult your legal counsel for detailed and specific information. Payroll Closing your business’s books at the end of the year is imperative. Complete and distribute required forms: Complete W-3: Prepare and submit to the IRS by the deadline.

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Hiring a Compensation Consultant: 7 Steps for Nonprofits

Astron Solutions

Your nonprofit organization might find that it needs some outside guidance around compensation for any number of reasons. Lowering turnover , strengthening your recruitment strategies , and conducting custom sector surveys are all common reasons for nonprofits to hire a compensation consultant.

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Want a Career in Human Resources? Your In-Depth (2023) Guide

Analytics in HR

Compensation and benefits : HR ensures that employees are well cared for by giving them competitive salaries and benefits. Health and wellbeing : Ensuring the company strictly adheres to health and safety guidelines and implementing wellness initiatives so employees feel safe and healthy in their work environments.

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Employees Want Better Benefits, Study Shows They're Willing to Leave Current Job for Better Retirement Options

Guideline

To be assured you’re offering the right rates for your area and job opportunities, try using compensation software or tools that give insights to reasonable pay ranges for your positions. Here are a few companies that help with compensation management: Anaplan Glassdoor Zenefits 2. It can also help keep your balance sheets in check.

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HR vs. Payroll: What’s the Difference?

Zenefits

Payroll and HR often work together, but seeing where the line gets drawn can be challenging. With small teams, HR can handle payroll, making the lines even blurrier. If your organization has two separate departments or you want to create them, it’s time to learn the difference between payroll and HR. What are HR functions?

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HR Compliance: Engagement, Efficiencies & Integrity

CCI Consulting

FLSA Audits The Fair Labor Standards Act (FLSA) serves as the foundation of wage and hour laws in the United States, establishing essential guidelines around minimum wage, overtime pay, and other quintessential aspects of labor rights. A careful review ensures employees receive fair compensation for their extra hours.

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Paycheck Protection Program: How to Ensure Your Business is Eligible for Loan Forgiveness

Netchex HR Blog

Part of the CARES Act passed in March (and then replenished a month later ), the Paycheck Protection Program (PPP) is a loan program for small businesses designed to provide a direct incentive for keeping their workers on the payroll. How are “payroll costs” defined under the PPP? Does not include 1099 payments.