Are your employees working too much overtime? Who needs a raise? Are you spending too much money on a department? To get answers to these types of questions, analyze your payroll data. Use payroll analytics to make decisions, avoid overspending on payroll, and verify the accuracy of your payroll.
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Guide for Reporting Workplace Incidents Under OSHA (With Example)
Despite your best efforts, accidents can happen in the workplace. When they do, you must fill out a workplace incident report.
Read More Guide for Reporting Workplace Incidents Under OSHA (With Example)Payroll Forecasting: Strategies for Predicting Employee Expenses
Payroll is arguably a business’s biggest expense. Between taxes and benefits, an employee costs up to 32% more than their wages. To accurately budget for your payroll-related expenses, try payroll forecasting.
Read More Payroll Forecasting: Strategies for Predicting Employee ExpensesStrategies for Minimizing Data Entry Errors in Accounting
Mistakes happen all the time—just look at your phone the next time you’re texting someone or putting in your password. Entering numbers in your books is no different. Data entry errors are common, but unchecked mistakes can quickly tank the accuracy of your books.
Read More Strategies for Minimizing Data Entry Errors in AccountingHow to Calculate a Raise Percentage for Your Employees
Fewer employers plan to give pay raises in 2024 than in 2023, according to SHRM. Even so, 79% of businesses plan to dole out pay raises. To avoid losing your top employees, you might consider offering pay raises. Learn about criteria for raises, when to give salary raises, and how to calculate a raise percentage.
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