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HUMAN CAPITAL MANAGEMENT RESOURCES

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4 Steps to Controlling Your HR Costs

4 Steps to Controlling Your HR Costs The first step to controlling human resources (HR) costs is to identify the functions covered by your HR department. Generally, they include: Recruiting, sourcing, selection and hiring.Onboarding, training and development.Guiding employees through their employment life cycle.Developing HR strategies based on existing and projected needs.Establishing, implementing and maintaining workplace…

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Is This Your Situation: You Need Help Switching Payroll Providers

Is This Your Situation: You Need Help Switching Payroll Providers If you’re feeling dissatisfied with your payroll provider, it’s probably time to move on. But the road to greener pastures is complicated. Unless you have trained human resources or payroll staff on-site, you’ll likely need some advice from an independent consultant — who can help…

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Know the Rules on Unemployment Claims

Know the Rules on Unemployment Claims Unemployment benefits are provided through a federal-state unemployment program. It is funded largely by federal and state taxes imposed on employers. The Internal Revenue Service enforces federal unemployment tax laws. The state unemployment agency oversees state unemployment tax as well as the determination and disbursement of unemployment benefits. When…

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7 Key Aspects of Payroll Compliance

7 Key Aspects of Payroll Compliance 1. Federal wage and hour laws The Fair Labor Standards Act (FLSA) sets the federal wages and hour standards which are administered by the U.S. Department of Labor. These standards cover: Federal minimum wage.Overtime pay and exemptions.Work hours, including meals and rest breaks.Child labor, including permissible occupations and work…

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5 Common Payroll Mistakes to Avoid

5 Common Payroll Mistakes to Avoid Photo by Pixabay on Pexels.com The ramifications of payroll mistakes emanate from external and internal sources. Externally, the government can levy fines and penalties for payroll non-compliance. Internally, employees tend to become seriously concerned when an error shows up on their paycheck. There are many possible reasons for these…

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Rethink Your Paid-Leave Policies

Rethink Your Paid-Leave Policies In these difficult times, the narrative surrounding employee leave has taken a major turn, with paid leave becoming the dominant theme. Click through to see why it’s time to reassess your paid-leave policies. For most employers, paid leave is a core benefit due to its essential role in attracting and recruiting…

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