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The Federal Insurance Contributions Act (FICA) helps generate funding for the nation’s largest social insurance programs: Social Security and Medicare. FICA tax is split between the employee and employer. Read how FICA works, how it’s calculated and how you can comply with confidence:
Employee engagement strategies are the methods and initiatives companies use to inspire employees, enhance their experience and cultivate their long-term happiness. To help you care for and motivate your people, we’ve narrowed down eight impactful strategies you can use to start raising engagement in your organization:
Even if you don’t realize it, time-off decisions are a hassle for everyone. But it doesn’t have to be this way. GONE® is the revolutionary enhancement to Paycom’s time-off requests tool. Read how this tool boosts operations, protects compliance and empowers managers to focus on strategy and performance — not tedious tasks:
Organizational structures outline how certain activities and contributors work in tandem to achieve business goals. But not all organizational structures will work for every employer. Read how these approaches differ and how to identify the ideal organizational structure for your unique workforce:
Open enrollment can be intimidating without the right preparation. Questions around the process are already inevitable, but as more employees prioritize their well-being, nothing should be left to interpretation:
When employees are empowered to weigh in on workplace issues, they know their feedback matters. A well-designed employee survey helps an organization understand its employees’ true needs and provide direction for driving actionable change:
While open enrollment will unfold a bit differently for every company, some strategies provide a universal advantage. As you read each of the following tips, imagine how they might fit into your company. If you have a larger HR team, it may be valuable to keep certain contributors in mind who would be ideal in different phases of open enrollment.
If payroll errors are so detrimental, they can’t be that common, right? Wrong. Especially when you consider EY found businesses using a traditional payroll process — one that doesn’t let employees verify their pay’s accuracy before it runs — can expect a 20% error rate.
EX encompasses every interaction an employee has with their organization, from recruitment and onboarding to daily responsibilities and career development. It’s also the perception and feelings formed through a worker’s journey within their company.
A payroll schedule is a recurring structure that specifies when employees get paid. While most payroll schedules don’t depend on fixed dates, approaches like a semimonthly schedule do. Certain industries — including education and season-dependent sectors — may even pause or alter their pay schedules depending on the time of year.
