December 1, 2016, ushers in the new FLSA rule concerning overtime pay for your employees. Have you prepared your payroll department? The new mandate sets its sights on those situations where employees, especially the salaried, work more than 40 hours per week without receiving overtime compensation. While the rule also covers hourly, piecework and tip-compensated employees, the main thrust is to update the salary minimums that trigger required overtime pay.
(Clinton, NJ -- Oct. 25, 2016) BeyondPay today announced plans to open a new office location in Philadelphia’s Northern Liberties community. BeyondPay, headquarted in New Jersey, continues to expand its footprint with a regional hub strategy that provides opportunities to bring local clients together and build user communities with the goal of sharing best practices around the topic of Human Capital Management.
To outsource or to keep it in house?
That is the question that's plagued decision-makers for decades. For many business functions, it just doesn't make sense to send the workflow outside of a company's own walls when a team or department could handle the tasks at hand. In regards to payroll and benefits, however, the option to outsource to a third party partner is often a decision that's followed by fruitful results.
Payroll -- It's a necessary evil no business can live without. Although difficult to understand, it's essential to get right. Employees count on their paychecks to be timely and accurate, while employers look for ways to ensure the necessary funds are available during each payroll cycle. Long story short, payroll isn't easy. With so many people and elements depending on the correct delivery of data, it doesn't always make sense to keep these services in-house.
Being an entrepreneur or executive leader is a bit like being a magician; somehow you must pull a rabbit out of a hat, or find a highly engaged employee in a crowded staff room. With a national study indicating that only 1 in 4 non-management employees is fully engaged, it's no wonder that keeping staff motivated can be a challenge. Such a quandary isn't lost on supervisors, either. Amazon searches for "books on motivating employees" yields 5,614 titles. So what are the secrets to motivate your employees? Hint: It isn't all about the money.
Today, HR professionals are often expected to step out of their traditional roles to sit on the executive staffs of their companies and offer counsel and expertise to business proceedings. A company is nothing without its employees, so HR professionals are constantly under pressure to ensure not only the capabilities of internal talent, but also transform regular employees into vocal business advocates. HR professionals play a big part in the general marketing of their organizations, and can easily feel torn in many directions in order to succeed.
The most innovative technological programs can effectively assist your company with human resource management, strategy, and the overseeing of all aspects regarding employment. Bringing out the best in your employees and creating a better working environment is crucial to the success of your business. And fulfilling your visions, hopes, and dreams for your company has never been easier with the today's technology advances.
For most employees, one of the most valued benefits offered by employers is health insurance. Prior to 2010, it was already costly for corporations to provide health insurance benefits. However, due to the Affordable Care Act, corporations are required to spend even more money on health insurance benefits for employees. While the ACA was passed in 2010, it only truly went into effect this past year. Corporations are must account for the rise in costs.
Data can give you a lot of information and numbers, but it’s imperative that you know how to use that data to actually bring about organizational change. Charts and figures are nice, but if they don’t lead to a change, they're useless. In human resources, there are many ways to use data to create change in your workplace - here are some of our tips to efficiently use data in HR.
The Fair Labor Standards Act brings about essential changes for those in human resource departments. If you’re unsure of just what the Act entails or how you need to adapt your current approach, there are a number of wonderful resources to consult.