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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. These can be easily accessed and compared to employee expectations, bringing about tangible evidence of the performance rating provided by the company and making it easier to apply raises based on these ratings.

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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. These can be easily accessed and compared to employee expectations, bringing about tangible evidence of the performance rating provided by the company and making it easier to apply raises based on these ratings.

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How to Calculate Variable Cost: Examples and Best Practices

Empuls

Labor is also referred to as piece rate labor as it is the wage that is paid out to laborers based on their output as compensation for their work. The variable cost helps businesses to set the price for their products or services and help in overall budgeting for their production process. Labor Labor is the number one variable cost.

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

Insperity

Commissions: Financial reward given as a percentage of each incremental sale (best for sales employees). Commissions: Financial reward given as a percentage of each incremental sale (best for sales employees). Stock options: Time-sensitive option to purchase shares of company stock at an exclusive rate. Have they been effective?

article thumbnail

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

Insperity

Commissions: Financial reward given as a percentage of each incremental sale (best for sales employees). Commissions: Financial reward given as a percentage of each incremental sale (best for sales employees). Stock options: Time-sensitive option to purchase shares of company stock at an exclusive rate. Have they been effective?