ASAP Payroll BLOG
What Is HCM, and How Can I Use It For My Company?
What Is Human Capital Management? Human capital management, commonly called HCM, encompasses the processes involved in optimizing an organization’s workforce. From engagement to compensation, it focuses on amplifying an organization’s productivity by fully utilizing its human resources. The primary objective of HCM is to increase the value of employees, which subsequently enhances productivity, loyalty, and ...
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How Much PTO Should I Consider For My Company?
According to one recent study, when considering a new job, employees often prioritize workplace benefits over salary increases. This means that offering perks like Paid Time Off (PTO) is crucial for attracting and retaining top talent in your organization. It’s important to keep this statistic in mind when making hiring decisions. Offering the right amount ...
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Benefits of a Single Database HCM System
A Human Capital Management system (or HCM for short) is a powerful tool that businesses can use to not only recruit top-tier talent but also manage those employees, help them develop, and optimize their performance moving forward. Essentially, it’s like a silver bullet that human resources professionals leverage to make sure they’re always hiring the ...
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It’s Never Too Early to Plan: Automate Open Enrollment
Open enrollment periods are stressful for business owners, managers, HR departments, and employees. It can be a tedious process that eats up a lot of time if it is done manually every year. Many employees who have a negative experience with the open enrollment process say it could prompt them to start looking for a ...
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Pay Your Kentucky Small Business Taxes
If you operate a small business in Kentucky, you must pay certain taxes. These can include corporate taxes, sales tax, and payroll taxes. Let’s take a look at the Kentucky small business taxes that you need to pay in order to maintain your tax compliance. Maintaining Small Business Tax Compliance in Kentucky When you own ...
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What is the Employee’s Withholding Exemption Certificate: IT-4-OH?
The employee’s withholding exemption certificate IT-4-OH is essential to onboarding new employees in Ohio and maintaining them as employees over time. The form lets you know how much withholding you should make from an employee’s paycheck for Ohio state income taxes and the worker’s local school board income tax if it applies to them. For ...
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How to Create a PTO Policy That Works for Everyone
Personal time off (PTO) is a critical benefit to offer employees who come to work
Tips for Properly Handling Outgoing Employees
How well do you handle employee offboarding? Employee offboarding is the process by which an
ZayZoon – What is an Early Wage Access Benefit?
When an employee faces unexpected expenses and financial strain, it affects their personal and professional
New Hire Paperwork & Best Practices for Illinois
Hiring and onboarding new employees is an exciting time both for the new hires and
Effective Strategies for Managing Overtime Costs in Small Businesses
The Department of Labor defines overtime as exceeding 40 hours per week, with employees subject
