Chances are your confidentiality policy doesn’t specifically ban employees from talking about their paychecks with one another, but it can still potentially get you in legal trouble regarding pay-related info.
To ensure employees understand wage and hour law, the federal Dept. of Labor (DOL) may ask you to beef up your employee handbook.
There’s no denying that the finance staffers you hire can make a big difference in your company’s overall efficiency and success.
CFOs know a strong 401(k) plan can be a huge factor in attracting and retaining top talent.
IT salaries have long been known as some of the biggest budget busters in the company. But you might want to tell HR and other top execs not to believe the hype.
It can be a particular challenge to get employees with small paychecks to participate in a retirement plan. This tax credit may help.
Four bucks for a gallon of gas + Four bucks for a gallon of milk + no pay raise = a potentially very expensive problem for companies.
Few groups are as precise and detailed oriented as Payroll. That’s what makes them perfect for the job, right? But they’re not infallible.
Of course human error can creep in any time – but it’s a lot more likely when staffers are feeling overworked and under stress. Check out this rather dramatic example of what can go wrong in Finance when that’s the case.
Most experts agree that workers should be contributing at least 10% of their paychecks to their 401(k) plan. But if the majority of your employees fall well short of that mark, you’re not alone.
When employees didn’t get their paychecks when they were supposed to, it set off a chain of events that led to a health service company owing a sizeable amount in back wages.
Forget whining about too-stingy raises! More than half of employees now say they’ll take home less in their checks … for better benefits.
You have just about a month until National Payroll Week (Sept. 2-6). That means there’s still time to plan ways to raise awareness about this vital finance function.
Just what you needed right about now: a massive new to-do list!
The DOL’s prediction about the new overtime reg’s impact on exempt employees: 4.2 million workers will become non-exempt on Dec. 1, 2016. That means most firms will be dealing with the challenge of transitioning exempt staffers to a non-exempt status.
A financial wellness program can be to your company’s health insurance what a safety program is to workers’ comp: a strategic way to control costs.
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