Remove Compensation Remove Magazine Remove Payroll
article thumbnail

Compensation Challenges for Family Businesses

Astron Solutions

Since employees are often related to each other, developing and maintaining fair & appropriate compensation plans can be difficult. In this Astronology® , we will review some compensation challenges that family-owned businesses face. Unique Compensation Advantages and Challenges for Family-Owned Businesses.

article thumbnail

Is a career in HR right for you?

HR Digest

HR professionals are responsible for several functions: supporting and developing the workforce of an organization, compensation, and benefits of employees, employee training, recruitment and hiring, placement work, information systems, and assisting employees. Flexibility. The HR, in short, manages people.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Checklist for HR Department: A Step by Step Guide

HR Digest

Others prefer to outsource the hiring process and have an accountant do the payroll. Startups rarely have a dedicated HR staff, and often there’s one person handling all human resource affairs such as hiring, payroll, benefits and compensation, grievances, and other employee-related tasks and queries.

article thumbnail

The Affordable Care Act, and Why You Can’t Afford to Ignore It [UPDATE]

ACA Times

I wrote a five-part series about the ACA for “Construction Business Owners Magazine” in 2015. It affects your employee benefits cost, it can impact your workers’ health (and yours), and it requires your HR and payroll departments to prepare detailed reports that must be filed with the IRS.

article thumbnail

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.

article thumbnail

A New Management Mindset: 6 Keys for Greater Staffing Stability

HR Daily Advisor

If that person has gained new knowledge and/or skills over time, built positive relationships, has become a resource for troubleshooting, and is loyal because they believe in the organization and its leadership, they should be compensated for bringing added value. annual performance reviews). Retention is Everyone’s Job.

article thumbnail

How to address employee pay in your inclement weather policy

Insperity

It’s important to communicate how payroll will work during a weather-related event, as well as emergency contact information and expectations for attendance. Regardless of such policies, you’ll need to be prepared ahead of time to process payroll according to federal, state and local rules and regulations.