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Furlough vs. layoff: What’s the difference, and what do employers need to know?

Insperity

When an organization needs to reduce its payroll due to financial hardship, there are two options employers may consider: furlough vs. layoff. A layoff is a way for employers to part ways with employees for reasons that have nothing to do with the employee’s job performance. What is a layoff? What is a furlough?

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Employee offboarding strategy: Saying farewell the right way

Insperity

And yet, when employees leave their company, the feeling that so many experience from their soon-to-be-former-employer can be, “ Don’t let the door hit you on the way out.” Issue final pay, which encompasses the last paycheck, unused paid time off (PTO) and pending bonuses.

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Employee terminations 101: What to say and do when it happens

Insperity

It could be: Voluntary (resignation) Involuntary (layoff or firing for performance, conduct and behavioral issues) A mutual agreement that the employment arrangement isn’t a good fit for either the employee or company. Therefore, we are terminating your employment. Termination means any separation from a company, for any reason.

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What Are The Different Types Of PEOs To Choose From?

Genesis HR Solutions

From my perspective, as the president and CEO of a Professional Employer Organization (PEO) and an HR veteran, there are two types of PEOs small and midsize business have to choose from: PEOs who lead with technology, or. PEOs who lead with relationships. First things first: What is a PEO?

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6 big soft cost savings associated with HR outsourcing

Insperity

Employers always want to improve business efficiencies, of course, and today they are doing so by prioritizing opportunities to improve recruiting strategies, strengthen employee engagement and better navigate the increasingly complex compliance issues that they’re often faced with. First: What are hard cost HR outsourcing savings?

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Employee sabbaticals: Are they right for your company?

Insperity

First, paid time off (PTO) is typically given to all employees and follows a specific formula, such as two weeks’ vacation after the first year of employment. Be warned, however, paid sabbaticals, while certainly a big draw for recruiting and retaining top talent , can be murky territory for employers.

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Overworked employees: 6 warning signs to watch for

Insperity

You’ll also want to collect some more information about the employee’s workload or consider hiring a professional employer organization, or PEO , to dig deeper into your organization’s processes for managing workflow. Send out regular salary surveys to see how your organization stacks up.