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3 Tech Tools No HR Department Should Be Without

Insperity

Most payroll systems house historic data in the form of piece rate, commission, bonuses and other special pay types. If your HR department is responsible for running payroll, an automated payroll system can free significant amounts of administrative time for the person who has been doing it manually. A key takeaway.

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3 Tech Tools No HR Department Should Be Without

Insperity

Most payroll systems house historic data in the form of piece rate, commission, bonuses and other special pay types. If your HR department is responsible for running payroll, an automated payroll system can free significant amounts of administrative time for the person who has been doing it manually. A key takeaway.

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Is Your Annual Incentive Pay Plan the Right Fit For Your Business?

Insperity

But you can make up for its shortcomings by supplementing with the addition of one or more alternative incentive plan options out there: Bonuses: A one-time reward for attaining a goal (not necessarily year-end, within any agreed-upon time period). Stock options: Time-sensitive option to purchase shares of company stock at an exclusive rate.

article thumbnail

Is Your Annual Incentive Pay Plan the Right Fit for Your Business?

Insperity

But you can make up for its shortcomings by supplementing with the addition of one or more alternative incentive plan options out there: Bonuses: A one-time reward for attaining a goal (not necessarily year-end, within any agreed-upon time period). Stock options: Time-sensitive option to purchase shares of company stock at an exclusive rate.