Remove Decision Making Remove Legal Remove Payroll
article thumbnail

HR as the key to unlocking business success

Insperity

The days of thinking about human resources (HR) as merely a supportive, administrative function – say, passively managing employee documentation, overseeing timekeeping and administering payroll – are long over. All-encompassing. Given a seat at the leadership table and the buy-in of executive leadership.

article thumbnail

What is HR effectiveness and how do you achieve it?

Insperity

Reduce HR-related compliance risks: From changing labor laws to workplace safety regulations, HRs role in maintaining compliance protects organizations from costly fines and legal issues. Improve decision-making: HR effectiveness involves collecting and analyzing workforce data to provide insights that shape smarter, evidence-based decisions.

Payroll 238
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Furlough vs. layoff: What’s the difference, and what do employers need to know?

Insperity

When an organization needs to reduce its payroll due to financial hardship, there are two options employers may consider: furlough vs. layoff. Like layoffs, furloughs are a way for employers to reduce payroll costs when employee performance isn’t to blame. And it doesn’t help that these terms are often used interchangeably.

Payroll 294
article thumbnail

Streamlining HR administration: Enhancing efficiency and focus

Insperity

Workforce analysis: The transformation of raw data into actionable information and insight to help inform decision-making and strategizing. These could include things like benefits enrollment, new hire paperwork, time and attendance tracking, vacation requests or payroll administration.

Payroll 264
article thumbnail

Best HR Analytics Tools in 2024: Pricing, Features & More

Vantage Circle

Here are the features that I found to be must-haves: Dashboards and Visual Representations : Easy-to-read graphs and charts that make data come alive. Integration Capabilities : The ability to sync with HR systems like payroll or ATS. Rippling : Best for integrating HR analytics with IT and payroll systems seamlessly.

Payroll 92
article thumbnail

Mergers and Acquisitions: How to Keep Employees from Leaving

Insperity

Payroll. How will pay cycles or payroll be impacted post-close? – Decision-making. How are decisions made in each organization? How will decisions be made in the new organization? Will all decisions be made from the top down within a hierarchical structure? What are the pay cycles?

Payroll 265
article thumbnail

Don’t Get Caught Making These Family Business Mistakes

Insperity

Your handbook policies may include: Payroll and compensation. Just because Joe’s family doesn’t mean he can’t get you and your business in trouble legally. Having a human resources system that takes care of payroll , IRS reporting and workers’ compensation issues can bring relief. Time-off and overtime.

Payroll 219