Buyer's Guide to HCM and Payroll Technology

Buyer's Guide to HCM and Payroll Technology

Selecting an HCM and payroll provider is one of the most important decisions you’ll make. To achieve your goals now and in the future, you need more than just technology—you need technology PLUS expertise.

Everyone is the business world is feeling the accelerating pace of change. Virtually every aspect of your business is vulnerable to disruption, from recruiting and running payroll to the way you buy, make and sell products or services.

But HCM technology alone isn’t enough because technology alone fails to address your challenges. To achieve your goals now and in the future, you need technology plus expertise.

That’s why choosing an HCM technology provider is so important. Your HCM platform is the foundation of your business and it needs to be as flexible and forward-thinking as you are when it comes to managing human resources.

Download this guide and we’ll show you how to make the best decision for your organization.

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HR

Are Domestic Partner Benefits Mandatory?

Are Domestic Partner Benefits Mandatory?

A Brief History: Only What You Need to Know The roots of domestic partner benefits stretch way back to 1982, when the City of San Francisco enacted legislation to offer health insurance coverage to the same or opposite sex partners of its unmarried employees. “Domestic partner” soon became the official legal term used by insurers and private and public employers. Also, in 1982, New York City newspaper The Village Voice became the first private employer to offer domestic partner health care benefits. Many other companies and municipalities followed suit. Fast forward to more than 30 years later when, in 2015, the United States Supreme Court ruled that domestic partner benefits apply to both same-sex and unmarried opposite-sex couples....

Banker

3 Reasons CFOs Should Care About Employee Benefits

3 Reasons CFOs Should Care About Employee Benefits

If you think the realm of employee benefits is strictly HR’s domain, it’s time to change your thinking. Labor costs, including employee benefits, is often the largest expense of any organization and should be closely watched by both HR and finance. More financial leaders are taking an interest in human resources and starting to expand their influence outside the traditional areas of accounting. A recent Robert Half survey showed CFOs are more likely to expand their reach into HR more than any other department. 39% of CFOs said their role expanded into HR the most Source: Robert Half If you’re hands-off when it comes to employee benefits, it’s time to get his/her attention. Here are three reasons why a CFO should care: A Healthy Workforce...

CFO

5 Cost-Containment Strategies to Make Benefits a Competitive Advantage

5 Cost-Containment Strategies to Make Benefits a Competitive Advantage

A diverse mix of benefits are one of the most critical tools employers can offer to attract top talent—but companies can’t ignore the impact benefits have on retention. Still, some financial leaders hesitate to invest in a variety of benefits packages due to the costs involved. Paycor analyzed more than 30,000 medium and small businesses and found that as organizations offer more benefit plans, there’s a substantial improvement in turnover. Specifically, organizations offering six benefit plan types saw turnover improve 138%. Check out our infographic below which examines five cost-containment strategies CFOs should consider to avoid breaking the bank.

Managing Contractor Payroll: What You’ll Need to Know

Managing Contractor Payroll: What You’ll Need to Know

As a business owner, it’s a given that you’re expected to pay your employees accurately and on time. But something almost as important is making sure you don’t pay your contract or freelance workers the same way you pay employees. Let’s clarify. Independent contractors are not classified as employees by the Internal Revenue Service (IRS), so instead of being paid through your payroll system, they’re paid separately as a business expense. When your business requires hiring both employees and independent contractors, it’s important that you understand the distinctions between the two. Why? Three letters: IRS. FLSA – How to Classify Employees and Independent Contractors The IRS looks at the business relationship your company has with a...