Traditionally, employees have to opt into retirement plans and make their own decisions about contributions. But there's another possibility: automatic enrollment. If they choose to enroll their staff automatically, companies have three options:
Making money for stakeholders is the primary goal of for-profit businesses. Nonprofits are different: their primary goal is benefiting their cause. To qualify as a nonprofit, the entity must serve the public good Somehow.
Did you know that scheduling employees properly is yet another opportunity to increase your bottom line? Think about it. It costs more to recruit and train new workers than it does to take care of the good ones you already have. So sticking to the old scheduling methods can result in:
At times, you may want to suddenly change an hourly employee's work schedule to better suit your business needs. However, several jurisdictions have enacted predictive scheduling laws to prevent certain employers from changing hourly employees' schedules without giving advance notice.
Documentation is key to wage and hour compliance. Simplify time tracking by automatically calculating hours worked as well as vacation time, holidays, sick days, and overtime. There was a time, not so long ago, when timesheets were filled in manually.