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21 Types of Employment: Your Hire-To-Retire Guide

AIHR

As the job market evolves, companies are experimenting with various employment types to build more flexible staffing models. Benefits: Apprentices may receive some full-time employee benefits—such as health insurance and paid time off (PTO)—especially in unionized industries. One reason for this is the cost of slow hiring.

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How To Calculate Total Compensation

Zenefits

Sometimes an employee’s salary only accounts for a portion of everything they make. Base salary or wages Base pay accounts for the majority of most employees’ compensation. For hourly employees, the number of hours worked should be accounted for. Total compensation reflects all that employees earn. Calculate a weekly pay.

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Who Pays for Workers’ Compensation?

Zenefits

Who pays for workers’ compensation insurance is straightforward: Employers pay. Not all states legally require employers to carry workers’ compensation insurance , but purchasing coverage is still widely recommended. They aren’t deducted from employee pay like some other insurance premiums are.

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PEO vs. Payroll: Comparing Professional Employer Organizations to Standard Payroll Service Providers

Zenefits

Popular options are handling employer and FICA taxes, accounting, audits, government compliance, health insurance and other employee benefits, and payroll services. They offer recruiting and termination services, health insurance options, and management of other critical HR tasks. How robust is your current HR department?

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Headcount Planning: An HR Practitioner’s Guide

AIHR

Mapping out a strategy of all the positions you need to hire and the recruitment expenses that go with it (job ads, staffing agency fees, onboarding costs) enables you to make an informed decision in planning your budget to account for your staffing requirements. Continuously review your headcount plan. A final word.

Staffing 140
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Filling The Gaps During A Recession

Chief Executive

If you’re short-staffed in an area like payroll, for instance, you can end up with problems that impact your company in significant ways. If you’re in finance, you may start falling behind on accounts payable or other critical tasks. When you’re short-staffed, tasks are bound to fall through the cracks.

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PEO Costs: Does PEO Make Sense for Your Business?

Zenefits

They are staffed by professionals specializing in human resources, taxes, compliance law, and accounting. Provide benefit packages for employees, including benefits such as health insurance and retirement plans. Workers’ compensation insurance. PEOs and their clients are considered co-employers.