Everything You Need to Know About the AX Compensation Module
Compensation can be challenging and time-consuming to administer. There are so many different ways to calculate a person’s compensation whether it’s fixed, variable, a mix of both, involves pay grids, salary bands, or involves stock options. That’s still before taxes, benefits, deductions, allowances and overtime are applied. There is so much that goes into coming…
How Position Management Helps You Manage Your Workforce Better
Using position management to manage your workforce is not just for organizations with employees working multiple positions, but can be applicable and beneficial to any organization. Position management is a type of relationship between positions, jobs, employees and the organizational structure. A position is seen as an empty chair that inherits and maintains job information…
What to Ask Yourself Before Writing That Payroll RFP
Now that you’ve decided to upgrade or implement new payroll software, how do you decide what you need in the solution? Or course, you must review your company’s requirements and what would you absolutely need and what would be nice, but could live without. While much of your focus should be on determining the technical…
Strategies to Manage Overtime More Effectively
When it comes to operating expenses, employee overtime is usually a big contributor. Overtime is generally undesirable as it increases your expenses and reduces employee satisfaction. While it has its uses and is sometimes unavoidable such as acting as a buffer when there is an unpredicted spike in demand, employee overtime can easily become a…
Why Rule Groups are the Easiest Way to Maintain Compliance in Payroll
One of the most fundamental requirements of payroll is compliance. Of course, you need to ensure you pay your people correctly but the other big piece of compliance is ensuring that your organization is conforming to policies and laws defined by your tax authorities and union associations. The stakes are high because non-compliance can result in fines,…
