ASAP Payroll BLOG
Understanding Employee Attrition Rate and Its Importance for Your Business
An employee attrition rate is simply the percentage of workers who leave a company during a fixed period. Industry experts say companies should strive for an attrition rate of ten percent or lower. The higher your attrition rate is, the more you will be spending on hiring and training new people to accommodate churn. Your ...
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Top Reasons to Consolidate Your HR Tech Stack
As HR tools and apps grow increasingly sophisticated, it becomes more difficult for companies to consolidate their HR tech stack. Without consolidation, they end up spending too much for too little functionality. Many companies also forget to consider future scalability when selecting HR tech tools. A fragmented stack costs time, money, and efficiency and can ...
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Understanding I-9 Fine Increases in 2024: Compliance Tips for Employers
Employers of all types and sizes across every industry must collect and verify an I-9 form from each new hire before their first day on the job. This employment verification process ensures the new hire is eligible to work in the United States. While fines for failure to comply with I-9 regulations have always been ...
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How HR Drives Learning & Development Beyond Scheduling and Payroll
HR learning and development (L&D) programs are becoming increasingly important as technology advances rapidly in the 21st century. Artificial intelligence (AI) and software have automated many administrative tasks previously handled by HR and payroll teams. This shift has created new opportunities for HR to focus on employee learning and development, a critical factor for business ...
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How OSHA’s Proposed Workplace Heat Safety Rule Will Impact Employers
The federal Occupational Safety and Health Administration (OSHA) has proposed a new national workplace heat safety regulation that could significantly impact businesses starting in 2025. This new rule introduces additional paperwork and major changes to workplace safety. If implemented, the OSHA Heat Safety Rule would illustrate how quickly the regulatory landscape can shift, making it ...
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Trends in Payroll Technology for Overtime Management:
As an employer, you know the importance of fair compensation for your employees to build morale and let employees know the value they offer your company. If your employees end up working more than the standard 40 hours per week, however, they are often eligible for overtime payment, which means payment at time-and-a-half per each ...
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How to Leverage the Value of Employee Self-Service Portals
HR teams –your business needs them to function seamlessly. But too often, they spend most
Benefits of a Single Database HCM System
A Human Capital Management system (or HCM for short) is a powerful tool that businesses
Sick Leave Laws: Are There Laws Against Working While Sick?
According to Indiana sick leave laws, no employer is required under law to provide paid
How Much Will Hiring an Employee Cost?
Hiring and onboarding an employee can be more expensive than what employers and new businesses
Automated HR: 5 Ways You Can Use HR Automation to Increase Business Efficiency
Human resources and automation are concepts that often seem like oil and water—they have little
