The Best Solution to Managing Salary Costs

Like most employers, you’ve probably been faced with the challenge of how to manage rising salary increase budgets, reward high performers, and sustain your organization’s financial health by meeting and exceeding margins achieved in past years. How do you manage these critically important yet competing demands? The best solution is to develop a variable pay program.

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Most Companies Can Benefit From a Plan Audit

401(k), 403(b), pension plans and health insurance plans are wonderful perks to offer employees. But, many companies don’t understand the compliance required by the Department of Labor (DOL) and the Internal Revenue Service (IRS) that goes along with offering these benefits to employees.  The DOL and IRS have various filing and audit requirements that are applicable to these types of plans. Understanding what they need is imperative in making sure the plans maintain their tax-exempt status. 

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Why Your Business Can’t Afford to Ignore Wellness

If your organization thinks workplace wellness is just a passing trend, think again. Investments in workplace wellness programs are paying huge dividends for employers. Plus, many organizations are finding that workplace wellness programs are a strategic priority when it comes to saving money, engaging employees, and creating a more productive workforce. Here are a few reasons why your organization can’t afford to ignore workplace wellness.

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