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How To Calculate Total Compensation

Zenefits

Total compensation reflects all that employees earn. Both employers and employees should be aware of total compensation packages so they can fairly evaluate employee pay. Employers must budget for all that’s included within an employee compensation package , and they must also compose competitive offers.

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Who Pays for Workers’ Compensation?

Zenefits

Who pays for workers’ compensation insurance is straightforward: Employers pay. Although workers’ compensation benefits cover expenses employees face after a workplace injury or illness, it’s the employers who pay the premiums. How much do employers pay for workers’ compensation?

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Certified PEO

Zenefits

They may provide some or all of a company’s HR needs including payroll, benefits administration, and workers’ compensation. This voluntary certification program falls under the Small Business Efficiency Act, part of the Tax Increase Prevention Act of 2014. PEO vs. CPEO: What’s the difference?

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9 Best HR Courses for Beginners to Check Out Right Away

AIHR

Compensation & Benefits Diversity, Equity, Inclusion & Belonging HR Manager HR Business Partner 2.0 If you are a small business owner who wants a deeper understanding of HR, someone looking for a job in HR, or an administrative professional whose duties include HR, this online HR course for beginners is for you.

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What Is Human Resources?

AIHR

As a department, it is responsible for managing HR activities from recruitment and onboarding, compensation and benefits, learning and development, performance management, and employee relations to separation or retirement. HR is vital in aligning the organization’s business objectives and employees’ needs and aspirations.

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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. According to the National Association of Professional Employer Organizations (NAPEO), more than 15% of businesses with 10-99 employees rely on PEOs for payroll, record keeping, and other HR functions.¹

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Are Payroll Software Solutions Worth It?

Zenefits

Salaried staff, hourly workers, or independent contractors all require different solutions for managing employee compensation. Do you ever wish there were more time available to run your business? According to the same report, only 36% of small business owners said they were familiar with FICA tax contribution requirements.