If you have employees, you need to compensate them. So, you set an hourly rate or salary. But, you might also give other types of wages to your employees. And if you do, you need to know if those other wages count as compensation. Why? Knowing what is compensation is a key part of putting […]
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How to Offer Employer-provided Housing to Employees
Paying for your employees’ housing—say what? It’s one of many perks you may look at when looking for ways to attract, hire, or retain employees. On your list of potential benefits are probably things like health insurance, retirement plans, and work-from-home opportunities. Although not as common, employer-provided housing is another option to mull over. Get […]
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For Fair and Equal Pay, Get to Know Your Business’s Internal Equity
When it comes to your business, one of your goals is likely to attract and retain top talent. One way you can do this is by looking at your internal equity. But, what is internal equity? And, what does it have to do with equal pay?
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Incentive Pay and the Types to Know
As an employer, there may be times you need to find a way to boost employee morale or productivity. One idea that may come to mind is incentive pay. But, what is incentive pay? And, what are the types of incentive pay you should know?
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What Is 2% Shareholder Health Insurance?
Do you own an S corporation and offer health insurance to employees? If so, you need to know how 2% shareholder health insurance works for S corporations.
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