With talent retention a common issue across most industries, companies are looking for new ways to beat the competition and attract the best employees. They offer great benefits such as health, vision, and dental insurance, 401K match, flexible schedules, volunteer time off, and paid time off.
Stock options can incentivize employees to work toward increasing the company’s stock value, aligning their interests with those of the shareholders. It used to be that stock options were only offered to top management and particular key employees to tie their interests in with those of the company. Over time however, employers began to consider all their employees to be key assets to the company, so the number of people holding stock options has increased significantly.
The sad truth is that for most businesses year-end is very stressful. With so much going on at the end of the year it would be nice if there was a way to make our lives a little easier. Did you know implementing employee self-service software can aid in alleviating some of the workload?
When it comes to paying your employees, there are many rules and regulations to keep in mind to comply with the Fair Labor Standards Act (FLSA). Chances are, you’re aware of all the statutes that regulate wages, overtime pay, and other similar ideas. However, not everything is as clearly defined as these, and many payroll professionals struggle to understand many grey areas. As if this isn’t confusing enough, these guidelines vary from state to state.
With talent retention a common issue across most industries, companies are looking for new ways to beat the competition and attract the best employees. They offer great benefits such as health, vision, and dental insurance, 401K match, flexible schedules, volunteer time off, and paid time off.