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Final Overtime Rules Raise Exempt Salary Threshold 65%

InterWest Insurance Services

Department of Labor has issued a final rule increasing the federal salary threshold for overtime exemptions by 65%, with the full increase starting in 2025. A salaried bona fide executive, administrative or professional employee must earn that amount or more if an employer wants to exempt them from federal overtime requirements.

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What is Shadow Payroll and When It Is Required?

HR Lineup

This article aims to provide a comprehensive overview of what shadow payroll is, why it’s important, and when it’s required. What is Shadow Payroll? Shadow payroll is a mechanism used by multinational companies to manage the payroll of employees who work in a country different from their home country.

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Payroll vs Compensation: The sempiternal HRIS conundrum

Ahmed's Universe

To understand the complexity of the analysis to be undertaken, you have to realize that the situation is radically different based on whether this is the first time you're embarking on an HRIS project versus whether you already had an on-premise HRIS system and are now moving to a cloud-based one.

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What is Payroll – A Comprehensive Guide, Definition, Processes & Solutions

Qandle

Payroll refers to the process by which employers calculate and distribute compensation to their employees for the work they have completed. Payroll is a critical aspect of business operations, and its accuracy is essential for compliance with tax regulations and maintaining employee satisfaction. Check out the Best 10 HR Software.

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Payroll Process: A Comprehensive Guide to Payroll Processing

Qandle

In any organization, efficient payroll processing is not just about paying employees accurately and on time; it’s a critical aspect of employee satisfaction and regulatory compliance. In this detailed blog post, we’ll explore the key components of payroll processing and how organizations can streamline this complex function.

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Automated Payroll vs. Manual Payroll in 2024

HR Lineup

In the realm of business operations, payroll management stands as a fundamental pillar. Over the years, payroll processes have evolved significantly, transitioning from manual methods to automated systems. Manual vs. Automated Payroll Systems Let’s explore the differences between automated and manual payroll processing: 1.

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Need for HR Payroll Software

Qandle

A comprehensive HR Payroll Management System offers several benefits that guarantee efficacy, punctuality, consistency, and cost-effectiveness. nowadays the payroll system is automated to free up the HR team to concentrate on essential business issues. What is Payroll? What is a Payroll Software?