Making a bad hire can be incredibly costly for employers. According to Gallup, replacing just one employee can cost between 50-200% of their annual salary when you factor in recruiting, training, lost productivity, and potential impact on team morale. Beyond …
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The way we work has changed forever, and so have the perks we expect from our jobs. Thanks to the rise of remote work, employee benefits are getting a major makeover. In fact, a Gallup survey found that 8 in …
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While diversity initiatives often focus on factors like race and gender, true inclusion goes deeper, encompassing all aspects of identity and experience. Inclusion means creating a workplace where every employee – regardless of their background, age, or perspective – feels …
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Malcolm Gladwell famously coined the term “Connectors” in his book “The Tipping Point” to describe those rare individuals who seem to know everyone. But in today’s business landscape, being a connector isn’t just about having a vast network—it’s about creating …
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If you own a business, you get to call the shots. Decisions about services, rates, location and staff are all yours to make. You can choose whom to hire, what jobs they’ll do and how they’ll be compensated. But you …
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On November 15, 2024, a federal court in Texas invalidated the Department of Labor’s recent rule that increased the minimum salary thresholds for exempt employees. This decision nullifies the July 1, 2024, increases, cancels the planned January 1, 2025, adjustment, …
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Let’s be real, no manager looks forward to terminating an employee. Letting someone go is often one of the toughest parts of overseeing a team. Even in a strong job market, the fear of being let go remains, and the …
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Incentive plans are a strategic way to motivate employees, drive exceptional performance, and meet key business goals. However, crafting and implementing a successful plan requires attention to numerous factors: from aligning incentives with your company’s overarching goals to ensuring fairness …
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In the complex world of human resources, few tasks carry as much weight as managing payroll. A single error can lead to significant financial repercussions and damage employee trust. That’s why regular payroll audits are not just recommended—they’re essential. This …
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Commonwealth Payroll & HR is excited to introduce its full suite of newly tailored services, designed to make a tangible difference in your daily operations and take your workforce management to the next level. We recognize that some companies require …
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