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HR Year-End Checklist: 10 Critical Areas to Assess

Extensis

Employee records Updating and maintaining current employee records is more than just a housekeeping routine—it’s a foundational practice that supports payroll accuracy and helps your company avoid potential litigation. Payroll Closing your business’s books at the end of the year is imperative.

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Best enterprise HR software systems 

HiBob

Enterprise HR software helps HR teams of large organizations with 250 or more team members manage recruitment, streamline payroll, oversee performance management , and more. Prospective users are encouraged to conduct their own research to make the best decision for their organization. What is enterprise HR software?

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Guide to Hiring Employees in the Bahamas

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Employers must adhere to these standards, ensuring that employees receive fair compensation for their services. Additionally, employers should be mindful of overtime regulations, bonuses, and other forms of remuneration to guarantee compliance with the legal framework governing employee compensation.

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Guide to Hiring Employees in Botswana

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The key legislative framework governing employment in the country includes the Employment Act, the Trade Unions and Employers’ Organizations Act, and the Public Service Act. Employment Contracts: Botswana’s employment regulations emphasize the importance of formal employment contracts between employers and employees.

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National Employee Benefits Day 2024: Which Benefits Foster Belonging?

Extensis

Quick look: Each April, National Employee Benefits Day raises awareness of the importance of offering a strong employee benefits package. However, to make the most impact, SMB employers should carefully monitor benefits trends and their workforce’s needs year-round. Employee benefits are a big deal.

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Creating a Retention-First Culture: Alternatives to Non-Compete Agreements

Extensis

Garden leave clauses : A garden leave clause involves keeping employees on the payroll for a certain period after they resign, during which they are not allowed to work for the business or its competitors. Employers should conduct salary benchmarking to ensure each employee’s pay aligns with industry averages for their role.

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Essentials for Your Small Business Payroll Budget

Zenefits

Payroll is a significant and recurring employer expense, which can cut into the profit margin if improperly managed. The key is to not overspend or underspend on payroll — and a payroll budget is essential to achieving this objective. But what should you put in your small business payroll budget? Employee benefits.

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