Employment compensation

Are You Measuring the ROI of Your Sales Team? Eighty Percent of Organizations Don't

Retrieved on: 
Tuesday, July 13, 2021

The survey examines which sales costs organizations track; best measures of sales productivity; which department leads sales compensation plan design; sales compensation plan types; variable pay frequency; sales compensation analysis tools commonly used; and more.

Key Points: 
  • The survey examines which sales costs organizations track; best measures of sales productivity; which department leads sales compensation plan design; sales compensation plan types; variable pay frequency; sales compensation analysis tools commonly used; and more.
  • 22% of organizations have a defined method for calculating the cost of their sales teams; 19% of organizations have measures to determine the productivity of sales teams; 20% of organizations have both.
  • When examining the return on sales expense, base salary (84%) and variable pay (71%) are the primary sales compensation costs.
  • Those with sales operation responsibility are most often responsible for measuring sales compensation plan effectiveness, 31% as compared to finance (25%), HR/compensation (25%) and sales (13%).

Randstad RiseSmart global benchmark survey finds that organizations are prioritizing an employee-first experience with expanded severance benefits

Retrieved on: 
Tuesday, July 13, 2021

The survey also found that more than a quarter (27 percent) of respondents have updated their severance policies in the past two years.

Key Points: 
  • The survey also found that more than a quarter (27 percent) of respondents have updated their severance policies in the past two years.
  • The top reasons for enhancing severance benefits, according to survey respondents, are to improve the employee experience and compete for talent.
  • The top reasons organizations offer outplacement benefits all tie back to prioritizing the employee experience, including:
    "More organizations are recognizing that separation is an important part of the employee experience," said Dan Davenport, CEO at Randstad RiseSmart.
  • In addition to expanding severance and outplacement benefits, employers are increasingly turning to redeployment to retain valuable employees and avoid layoffs altogether.

TriNet to Report Second Quarter 2021 Financial Results on July 26

Retrieved on: 
Monday, July 12, 2021

DUBLIN, Calif., July 12, 2021 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced it will release financial results for the second quarter ended June 30, 2021 after U.S. market hours on Monday, July 26, 2021.

Key Points: 
  • DUBLIN, Calif., July 12, 2021 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced it will release financial results for the second quarter ended June 30, 2021 after U.S. market hours on Monday, July 26, 2021.
  • ET) on July 26, 2021 to discuss the financial results.
  • Callers who pre-register will be given a unique PIN to gain immediate access to the call and bypass the live operator.
  • To free SMBs from HR complexities, TriNet offers access to human capital expertise, benefits, risk mitigation and compliance, payroll and real-time technology.

Talent Business Affairs Expert Forms Exclusive Alliance With Ad Industry Payroll Leader To Provide Deeper Support For Advertisers & Agencies

Retrieved on: 
Monday, July 12, 2021

CHAPEL HILL, N.C., July 12, 2021 /PRNewswire/ -- Today, WMBE Certified Talent Business Affairs specialist, Checks in Motion (CIM), has established an exclusive relationship with ad & entertainment industry payroll and business affairs powerhouse, The TEAM Companies (TTC), to provide additional knowledge resources and talent & rights management technology for its growing client base.

Key Points: 
  • CHAPEL HILL, N.C., July 12, 2021 /PRNewswire/ -- Today, WMBE Certified Talent Business Affairs specialist, Checks in Motion (CIM), has established an exclusive relationship with ad & entertainment industry payroll and business affairs powerhouse, The TEAM Companies (TTC), to provide additional knowledge resources and talent & rights management technology for its growing client base.
  • Talent expert Checks in Motion has established an exclusive relationship with ad payroll leader The TEAM Companies.
  • As Checks in Motion grows, The TEAM Companies can offer additional back-office support when clients need help with Production Business Management, Network Clearance and Trafficking or just additional insight for complex performer-related matters.
  • "After 36 years of providing first-class business affairs services to hundreds of clients in the fast-moving environment of Entertainment and Advertising, my business has continued to grow.

Peraton Announces Human Resources, Information Technology, and Procurement Executive Leadership Appointments

Retrieved on: 
Monday, July 12, 2021

CHANTILLY, Va., July 12, 2021 /PRNewswire/ --Peraton, the world's leading mission capability integrator and transformative enterprise IT provider, today announced the appointment of three members to its executive leadership team.

Key Points: 
  • CHANTILLY, Va., July 12, 2021 /PRNewswire/ --Peraton, the world's leading mission capability integrator and transformative enterprise IT provider, today announced the appointment of three members to its executive leadership team.
  • In partnership with sector and corporate leadership, Reing will be responsible for developing and executing the company's integrated human resources strategy, including talent acquisition and management, total rewards, leadership development, and employee relations.
  • Reing served in senior HR, compensation, and consulting leadership positions with SRA, BAE Systems, PricewaterhouseCoopers, and the Hay Group earlier in his career.
  • Peraton drives missions of consequence spanning the globe and extending to the farthest reaches of the galaxy.

ezAccounting Software Has Updated the 2021 941 For Covid-19 Related Credits For Business Owners

Retrieved on: 
Monday, July 12, 2021

MIAMI, July 12, 2021 /PRNewswire-PRWeb/ --Latest ezAccounting business and payroll software from Halfpricesoft.com has updated the 2021 941 form with COVID-19 related credits for qualified sick and family leave wages The update is now available for current 2021 ezAccounting customers at no additional cost.

Key Points: 
  • MIAMI, July 12, 2021 /PRNewswire-PRWeb/ --Latest ezAccounting business and payroll software from Halfpricesoft.com has updated the 2021 941 form with COVID-19 related credits for qualified sick and family leave wages The update is now available for current 2021 ezAccounting customers at no additional cost.
  • "ezAccounting business and payroll software from halfpricesoft.com has been updated and released to include the 2021 941 form which includes the Covid-19 related credits including the qualified sick and family leave wages."
  • Priced at $159 per calendar year, ezAccounting software is affordable for any business.
  • Halfpricesoft.com is a leading provider of small business software,
    including online and desktop payroll software, online employee attendance tracking software,
    accounting software, in-house business and personal check printing software, W2, software,
    1099 software, Accounting software, 1095 form software and ezACH direct deposit software.

Total Rewards Firm in Lakewood Ranch, Florida Launches Unique "Mentorship" Consulting Practice

Retrieved on: 
Thursday, July 8, 2021

LAKEWOOD RANCH, Fla., July 8, 2021 /PRNewswire/ -- Tom Stypulkoski, a senior total rewards practitioner of over 25 years, has taken the unprecedented step of launching a unique total rewards "mentorship" consulting practice.

Key Points: 
  • LAKEWOOD RANCH, Fla., July 8, 2021 /PRNewswire/ -- Tom Stypulkoski, a senior total rewards practitioner of over 25 years, has taken the unprecedented step of launching a unique total rewards "mentorship" consulting practice.
  • Located in Lakewood Ranch Florida but practicing nationally, ICONIC Rewards will be targeting as its client base smaller companies in growth mode that are having concerns with the competitiveness of their employee compensation practices.
  • To address this situation, companies need to engage compensation consulting firms, with these project costs being potentially significant, especially for smaller firms.
  • This is where ICONIC Rewards plays a unique and vital role.

APS Announces Partnership with Immediate EWA Solution

Retrieved on: 
Thursday, July 8, 2021

SHREVEPORT, La., July 8, 2021 /PRNewswire-PRWeb/ -- Automatic Payroll Systems, Inc. (APS), a provider of best-in-class payroll and HR technology, has announced a strategic partnership with Immediate to provide employees with financial wellness benefits like earned wage access (EWA).

Key Points: 
  • SHREVEPORT, La., July 8, 2021 /PRNewswire-PRWeb/ -- Automatic Payroll Systems, Inc. (APS), a provider of best-in-class payroll and HR technology, has announced a strategic partnership with Immediate to provide employees with financial wellness benefits like earned wage access (EWA).
  • The Immediate solution provides employees with on-demand access to their earned but not yet paid wages through integrations with APS' payroll technology.
  • Based in Birmingham, Alabama, Immediate provides employers with a solution to offer their employees a better workforce experience.
  • Through our partnership with APS, we can provide our key financial services to employees in the education, healthcare, hospitality, food service, and non-profit industries," said Lindsey Seal, Vice President of Partnerships.

Paycom Launches BetiTM, an Industry-First Employee-Driven Payroll Solution

Retrieved on: 
Tuesday, July 6, 2021
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210706005447/en/
    Beti is the industrys first self-service payroll technology, allowing employees to do their own payroll.
  • (Photo: Business Wire)
    Paycoms BetiTM (Better Employee Transaction Interface), an enhancement to the companys existing payroll offering, further automates and streamlines the payroll process by empowering employees to do their own payroll, increasing efficiencies and reducing errors.
  • Employees already manage all other components of their paychecks, including timecards, expenses, PTO requests and benefits; now they have the convenience within Paycom to process their own payroll, too.
  • As a leader in payroll and HR technology, Oklahoma City-based Paycom redefines the human capital management industry by allowing companies to effectively navigate a rapidly changing business environment.

Vagaro Selects Gusto as Its Official HR Software Partner

Retrieved on: 
Wednesday, June 30, 2021

In that spirit, Vagaro is deepening its partnership with Gusto through its new initiative, Gusto Embedded Payroll, to further streamline payroll and people operations.

Key Points: 
  • In that spirit, Vagaro is deepening its partnership with Gusto through its new initiative, Gusto Embedded Payroll, to further streamline payroll and people operations.
  • Even better, Vagaro will be able to collaborate with Gusto to customize payroll to the unique needs of customers specializing in beauty, fitness and wellness.
  • That's why we've partnered with a payroll software that's equally as reputable, by choosing Gusto as our official payroll and HR software partner.
  • With Gusto features, Vagaro businesses can streamline payroll and benefits, letting business owners focus efforts on big picture objectives."