What Benefit Plans Do Employees Want? 3 Important Takeaways

Benefit plans are a key component in today’s HR and hiring marketplace. From trendy fringe benefits to extensive health care coverage, a comprehensive benefits plan makes a huge difference in attracting and keeping talented professionals. In fact, most employees would choose better benefits over a pay raise . Let’s examine what the most popular employee benefits are in today’s workplace.

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3 Tips for Stress-Free Payroll System Implementation

Establishing a reliable payroll system may seem like a simple HR issue, but it can cause a major disaster if you don’t approach it correctly. There are dozens of examples where brand new payroll systems failed to deliver the expected results, causing some severe damage to the local governments.

If you want to avoid the payroll system mistakes, you better make sure to understand how it really functions. Here are the top three tips for stress-free implementation:

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Do You Know The Right Lookback Period For Your Organization?

The world of tax law and payroll regulations is a complicated one. Managing pay periods, calculating overtime, and staying current on the latest procedures is no easy task. One critical component of tax law regulation your business needs to comply to is the lookback period. The lookback period is a complicated affair, but in general terms, a lookback period is a determined length of time the IRS uses to make sure your previous tax filings are correct. The status of your business will determine the length and filing type of your particular lookback period. Let’s take a look at a few common examples to better understand this component of tax law.

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Everything You Need to Know to Pay your Employees in Michigan

When it comes to paying your employees, there are many rules and regulations to keep in mind in order to stay in compliance with the Fair Labor Standards Act (FLSA). Chances are, you’re aware of all the statues that regulate wages, overtime pay, and other similar ideas. However, not everything is quite as clearly defined as these, and there is a lot of gray areas that payroll professionals struggle to understand. And, as if this isn’t confusing enough, these guidelines have a tendency to vary somewhat from state to state. As a Michigan-based payroll and HR software company, we at Dominion have all the resources you need to break down some of these regulations in order to make sure you’re ready to process payroll and avoid any fines and penalties that might sneak up on you.

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5 Strategies to Help your Employees Have a Healthy Work-Life Balance

Finding a job that offers a quality work-life balance is becoming one of the highest priorities for job seekers in 2018. Studies show that applicants are more invested in finding jobs that work well with their home lives than they are with higher paying jobs or those that offer more PTO. Creating a workspace that provides a healthy work-life balance can not only assist you in your recruitment and retention needs but also has been proven to increase employee productivity. Does your company take strides to promote a healthy environment for employees to balance their home and work lives? Read on to get a few strategies your organization can implement to create happier and healthier employees and improve your overall company culture.

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Clarify Overtime Pay in the Healthcare Industry by Understanding the 8/80 Rule

The healthcare industry faces a number of challenges when it comes to staffing 24-hour facilities. Perhaps the biggest challenge is accurately calculating overtime pay for staff who work longer than 8 hours a day or more than 80 hours in the workweek. The solution most health care employer’s use is the 8 and 80 rule. If you’re unfamiliar with the 8 and 80 rule, keep reading to find out how it could benefit you.

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