Payroll is a big deal. It’s a lifeline for employees, and it’s the largest expense for a company. The expenses directly tied to employee compensation are vast:
Errors in the payroll process can cause huge issues ranging from monetary losses to a weakened company reputation.
employee loans, paycheck advance, payday loan, Payroll, retention, Turnover, HR
Financial emergencies arise in all of our lives. From an unexpected medical payment to an auto emergency, if you're unprepared for these “surprises”, they can be stressful.
employee attrition, Payroll, payroll costs, Employee Engagement, Employee Retention, payroll schedules
Payroll schedules need to toe the line between appeasing employees and doing what’s right for your company’s bottom line.
direct deposit, Payroll, reduce payroll, cost savings, how to save money in business, how to save money in payroll
The costs associated with payroll can really add up. From payroll materials, like paper checks, to the time dedicated to executing payroll, there are plenty of necessary expenses. But a company only has a handful of options to reduce fees.
direct deposit, education, paper checks, Payroll, payroll costs, HR, payroll benefits
Why send a handwritten letter when you can shoot a quick e-mail or text message? That analogy may best describe the difference of processing paper checks versus direct deposit. More than being an outdated and time-consuming practice, writing paper check is a more costly process for many businesses.