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Productivity and high standards are important to you. Recognition and encouragement are important to employees. Incentive pay is a way for you and your employees to achieve results.
Regulations covering minimum wages and statutory pay apply to almost every business. It is illegal to pay less than the minimum wage so you need to be clear about your responsibilities as an employer if you are going to minimise disruption to your business and prevent disputes arising. This briefing covers: • National minimum wage. • Statutory maternity pay and maternity allowance. • Statutory paternity and adoption pay. • Statutory sick pay.
Good payroll software does more than just calculate wages and print payslips. It enables you to gather information on your employment costs and to keep track of individual employees.
Get your remuneration packages right and you will attract reliable employees with the skills your business needs for success. Get them wrong and you will be unable to recruit these people or hold on to them. Since the remuneration package is the most visible part of any job offer, you must pitch it right to interest the right people. But even that can be easy, compared with fine-tuning the rewards to keep good people with you.
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Human Resources Management (HR)