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Looking Ahead to Your 2024 Tax Return

Money Talk

In a recent article for the Rutgers Cooperative Extension newsletter, VISIONS , I described key features of your tax return to review for future financial planning including income sources, tax write-offs, changes in tax filing status, tax rates and marginal tax brackets, tax withholding, retirement plan contributions, and capital gains and losses.

Taxes 105
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Salary Benchmarking Guide - Importance, Process, Challenges, and Trends

Empuls

Salary benchmarking is when HR compares the organization's pay levels with market rates for similar jobs. According to HRforecast, 63% of organizations utilizing benchmarking practices are more likely to retain and attract top talent.   Salary benchmarking ensures that employees are paid fairly for their work. 

Salary 40
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Employee Life Cycle: Meaning, Stages, Strategies & Examples

HR Lineup

Strategies: Building a strong employer brand , utilizing social media, creating appealing job postings, and engaging in community outreach. Recruitment Stage Strategies: Applicant Tracking Systems (ATS): Utilize ATS to streamline the recruitment process, manage applications efficiently, and reduce the time-to-hire.

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Employee Cost: How to Calculate the Cost of an Employee?

HR Lineup

However, their value goes beyond just their salaries. These include: Base Salary: The primary component of an employee’s compensation, typically determined by factors such as job role, experience, and market rates. Employees are the backbone of any organization, driving its success and growth. Some common approaches include: 1.

Salary 52
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How to Create a Pay Stub for Employees?

HR Lineup

Online Pay Stub Generators: Utilize online pay stub generators for a quick and easy solution. Ensure accuracy and completeness in the following details: Full Name Address Social Security Number or Employee ID Hourly Rate or Salary Tax Withholding Information Deductions (if any) Input Earnings and Hours Worked 1.

Net Pay 98
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High-Earning Employees Need Financial Help, Too

Best Money Moves

A six-figure salary doesn’t always translate to financial security. It’s a common misconception that a six-figure salary always translates to financial security and that high-earning employees have no need for financial wellness benefits. Financial wellness can help you go beyond with company retirement matching.

401(k) 111
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Payroll Process: A Comprehensive Guide to Payroll Processing

Qandle

Understanding Payroll Processing: At its core, payroll processing involves calculating employee compensation, including salaries, wages, bonuses, and deductions. Employee Benefits Administration Beyond base pay, payroll includes managing employee benefits such as health insurance, retirement plans, and other deductions.

Payroll 98