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Workers’ Compensation: What’s payroll got to do with it?

Workers' Compensation Perspectives

Payroll” used to have a simple meaning. According to the Online Etymology Dictionary: payroll (n.) For workers’ compensation, payroll can have different meanings depending on your jurisdiction and whether you are a worker or an employer. Rules in different jurisdiction may use different terms to describe or define payroll.

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Today’s Top Compensation Trends

CorpStrat

For example, some compensation plans may have a less substantial base pay—allowing employees to earn a high percentage of their total compensation via variable pay, such as sales commission or earnings based on performance. retail, hospitality, manufacturing and health care). Reach out to us for additional resources.

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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). Really think about how your business operates. And finally, talk to your employees.

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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). Really think about how your business operates. And finally, talk to your employees.