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Calculating full time equivalent (FTE): Benefits and uses

Business Management Daily

Are you having trouble making budgeting and workforce planning decisions due to the large number of seasonal and part-time workers you have? If so, you should use the full-time equivalent (FTE) measurement to standardize your workforce on paper. That’s true, but the benefits outweigh the effort involved. Why calculate FTE?

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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.

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Guide to Hiring Employees in Armenia

Recruiters Lineup

Many employers place a strong emphasis on academic achievements, particularly in fields such as technology and engineering. With advancements in technology, virtual interviews have become more prevalent, enabling organizations to reach a broader pool of candidates.

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HR Headaches: Managers Using Temp Workers to Meet Staffing Need

Zenefits

Many expected the talent shortage would wane as enhanced unemployment benefits expired, but the opposite is being seen. Millions of Americans are choosing not to return to the workforce for various reasons. The harder it is to attract talent, the harder it is to retain the overworked talent currently on the payroll.

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Guide to Hiring Employees in the Bahamas

Recruiters Lineup

This comprehensive guide will walk you through the intricacies of the hiring process, from understanding employment laws to recruiting and managing a diverse workforce. Employers in the Bahamas often provide training sessions to familiarize new employees with job-specific tasks, tools, and technologies.

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Furlough vs Layoffs – The Better Alternative?

Keka HR Blog

Realizing you don’t have enough cash flow to cover payroll is one of the most difficult situations a company owner can face. Marriott has announced that it will furlough tens of thousands of employees, excluding them from the payroll while allowing them to keep their healthcare benefits. .

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Should Employers Rethink Their PTO Policies Under COVID-19?

Zenefits

Paid time off (PTO) has been a strong hiring, recruiting, and retention tool for employers. The shift towards a more flexible workplace is backed by other studies, such as the new Survey on Absence and Disability Management by Mercer, the employee healthcare and investment consulting firm.