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

Workers' Compensation Perspectives

A recent study of manufacturing hourly compensation demonstrated a similar pattern for the main components (social insurance, wages or salaries, and direct benefits) paid by employers in Canada and Australia: The main divisions of employer costs for employee compensation under the BLS study are wages or salaries and benefits.

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How Employee Perks Can Help Companies in the US

Vantage Circle

These incentives span a wide array, from health benefits and retirement plans to flexible work arrangements, financial bonuses, and professional development opportunities. General Motors (GM) , an American automotive manufacturer known for producing Buick, Cadillac, GMC, and Chevrolet vehicles, is based in Detroit. How to Offer?

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Labor Code in Iceland

Global People Strategist

Iceland is a country primarily supported by fisheries and manufacturing industries which allow for the harvesting and export of marine products and goods. Every employee is paid on the first of each month and must receive a comprehensive slip in case of deductions or taxes that were applied. Paid Leave.

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Recruitment Tips to Reduce Hiring Cost For Cash Strapped Businesses

HR Digest

According to Recruiterbox, the total cost of hiring a new person can go up to $5000 in the professional and manufacturing industry. per cent of total employer costs, which include paid leave, supplemental pay, insurance, retirement and savings plans, and legally required payments like FICA. . hours per year on training.

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The essential guide to payroll in the Philippines

Ascender

While the Philippines is still considered an emerging market, it enjoys a strong and stable economy with low-interest rates, a focus on growing industries such as manufacturing and agribusiness, and a young and educated workforce. This is usually specified in the company’s leave policy. Here’s what you need to know.

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How to Understand and Cater to Employee Needs for Increased Job Satisfaction

Empuls

Ikea, the Swedish furniture manufacturer, pays great attention to its staff’s health. This can be flexibility with respect to shift timings, work from options, paid leaves, etc. This led to the creation of flexible work option called Fast Adaptsfor those employees who were working 24/7 in manufacturing facilities.

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The myriad use cases for a technology-enabled employee recognition platform

Achievers

This is when enterprises realized the importance of performance-based bonuses and physical and symbolic rewards such as trophies and plaques and recognized that these were a greater driver of productivity and motivation than previously leveraged employee benefits such as paid leaves and health benefits.