Demoting an employee is not easy, but sometimes it has to be done. An employee might not be doing well in their current position, and there is no other option left except to reduce their responsibilities. Even if an employee voluntarily asks for a demotion, there are still challenges for you as an employer.
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What Is Educational Assistance, and How Will Offering it Help Your Business?
Want to boost your ability to attract and retain employees? At the same time, do you want to increase your employees’ skills and creativity? If so, you may consider offering educational assistance. What is educational assistance?
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A Closer Look at Salary Advance Agreements and Payroll Policies
Have you ever had an employee ask you for a salary advance? Maybe they’ve hit a financial rough patch. Something unexpected, such as a medical emergency, might require more money than the employee has saved up.
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What Is a Cost of Living Raise?
Employees love raises. Regular raises can improve employee happiness and put them in a better financial position. And, raises can reduce your employee turnover. You can give raises for merit or increasing job value. You might also give a cost of living raise.
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Why Are Employee Benefits Important?
Have you ever wondered if employee benefits are worth the cost and extra administrative tasks? Spoiler: They are. Find out the importance of employee benefits and how offering benefits can better your business.
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How to Handle Accrued Time Off in Your Business
Paid time off (PTO), including vacation days, sick days, and holidays, is a popular employee benefit. According to the Bureau of Labor Statistics, 77% of employees receive paid vacation days, 77% receive paid sick leave, and 79% receive paid holidays. But when employees don’t use up their PTO, they’re left with accrued time off.
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What to Know About Shift Differential Pay
Many employers find themselves extending their hours of operation to keep up with customer demands. Businesses operating day and night need employees who are willing to work evening or late shifts. However, it can be difficult to recruit employees for these undesirable hours.
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Pay Secrecy Policies: Are You Breaking the Law?
For many years, it was typical for employers to discourage discussions about pay in the workplace. And, many businesses had or have pay secrecy policies to prevent employees from talking about their compensation. Nowadays, pay transparency is on the rise to help combat gender inequality at work. In fact, 17% of private companies practice pay […]
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What Are Your Equal Employment Opportunity Responsibilities?
Most employers are required to comply with equal employment opportunity responsibilities. These responsibilities ensure that you do not discriminate against employees because of their race, color, religion, sex, national origin, age, disability, or genetic information. The U.S. Equal Employment Opportunity Commission (EEOC) enforces federal laws related to workforce discrimination. The EEOC has resources where you […]
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How to Prevent a PII Breach and Safeguard Your Payroll Records
Your payroll records are chock-full of the personally identifiable information (PII) you need. Unfortunately, hackers also want that data. As an employer, you must secure your payroll records against a potential PII breach. And if one does occur, you need to take swift action.
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