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Payroll Management

Netchex HR Blog

Not only does it encompass the most obvious—employees being paid—it also goes a long way in determining the overall net profit of a company. First off, businesses are legally obligated to pay their employees timely and accurately. You know it is important. But do you really understand all that it encompasses?

Payroll 104
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How Employee Benefits Can Boost Recruiting, Retention, and Reputation

Netchex HR Blog

When you can’t always offer a higher salary than your competitors, a big difference maker can be found in your employee benefits. Big-ticket benefits like health insurance are obvious favorites, but less expensive perks like flexible work and earned wage access also attract job seekers.

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Why Hospitality Workers Walk Away: Addressing the Root Causes of Turnover

Payactiv

Current Employee Turnover Rates in the Hospitality Industry New research recently found that 41% of frontline workers have changed jobs in the past year—this statistic rises to more than half for hospitality workers in bars, restaurants, and hotels. across all industries. across all industries.

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Progressive recruitment: How flexible benefits packages can help

HiBob

At the same time, however, some are warning of a “ wage-price spiral ,” which will put staffing budgets under added pressure. Many HR leaders are looking at their benefits packages to take up the slack. And what does a flexible benefits plan look like? What progressive employee benefits are businesses offering?

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7 common HR technology challenges and how to overcome them

Insperity

This includes everything from disparate systems that don’t communicate seamlessly with each other (e.g., one system for payroll, another system for time tracking and another for employee benefits management), to disruptive software upgrades and limited reporting capabilities.

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Show Me the Money: Earned Wage Access Explained

Netchex HR Blog

Earned wage access (EWA) gives employees the choice to claim some of their income before the end of the pay period. Just like it sounds, earned wage access gives employees access to the funds they’ve already earned. Earned Wage Access is NOT the same as payday loans or paycheck advances.

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How to Motivate Hourly Employees

Fond

Hourly employees make up the majority of the US workforce. A Gallup survey of job satisfaction found that hourly workers were unhappier than their salaried co-workers about just about everything, from their benefits to their pay to their job security. . Hourly employees are the heart of many organizations.