Did you know that companies in the U.S spend more than $100 billion on incentive programs annually? Spending is a crucial aspect because it allows them to motivate their employees. After all, a motivated employee means higher productivity and better business. Many organizations use the power of incentive pay to keep their employees happy and productive. If you are wondering what is incentive pay and how it works, you are in the right place. Here is your complete resource guide to incentive pay.   What Is Incentive Pay? As the name suggests, incentive pay is a financial performance

Considering a "PEO" for the Human Resources and payroll needs of your business?We'll break down PEO's, and how they could benefit your business in this pose.What is PEO?You might be wondering, “What does PEO stands for?” Or you’re simply asking “What is PEO?”  Well, it simply means Professional Employer Organization. It is a firm that goes into a relationship with an employer and outsourced its workers to the employer, and then manages and shares most of the employer's employee-related responsibilities. This joint-employment relationship allows employers to commit their operations to third parties. These human-resources operations include compensation and payroll administration, employee benefits, employment taxes, and

Workers’ compensation: it’s usually not a pleasant thing to talk about but it’s important to be informed just in case. Whether you’ve recently been injured at work, or a member of your family has, or even if you’re just wanting to educate yourself in case something goes wrong, it’s important to know. Filing a claim after something happens is one part of the equation, but you might be wondering “Who pays for workers’ compensation in the first place?”While it might seem like companies are just shelling out their own money when someone has an injury

As an entrepreneur or an employer, you need to familiarize yourself with many business terms and concepts. That is why it is crucial to know what does TTM mean, as it will help you with your business performance and finances. So, if you are wondering the meaning of TTM, you are in the right place.Here is everything you need to know about TTM.What Does TTM Mean?Trailing twelve months (TTM) refers to the past twelve consecutive months of an organization's performance data used to report financial figures. Remember that the twelve months here do not have