Inova Payroll Blog

Quiet Quitting 101 for Employers

Posted by Inova Payroll on Sep 29, 2022

According to CBS, “There’s a new term for clocking in and doing the bare minimum at work: ‘quiet quitting.’” The term refers to a type of disengaged employee practice in which employees stop going above and beyond and do as little as possible – just enough to maintain their job. Quiet quitting is, at a basic level, a silent rebellion against work conditions. 

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Topics: Employer Basics, Burnout symptoms, Work burnout

The Modern Manager's Guide to Virtual Onboarding

Posted by Muhammad Talha on Sep 8, 2022

Congrats on recruiting the perfect candidate for your remote role. However, the work is far from over. There’s still a crucial phase that will determine the immediate future of your company’s new remote employee: virtual onboarding.

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Topics: Employer Basics, Human Capital Management, Human Resources, Employee Communications

How to Increase Your Employee Retention Rate

Posted by Muhammad Talha on Jun 16, 2022

People continue to quit their jobs at a mind-boggling rate as the Great Resignation continues. More than 4.4 million people left their jobs in 2022 so far. Employees are being more selective about the employers, company cultures, and the nature of the work.

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Topics: Employer Basics, Human Capital Management, People Analytics

How to Choose the Absolute Best Payroll Service Provider

Posted by Muhammad Talha on Jun 14, 2022

You’ve finally decided that you’re going to outsource some or all of your payroll woes! But when you sit down to research the market and find potential vendors, you’re overwhelmed by a never-ending list of payroll service providers — each claiming to be the best.

When considering payroll options, it’s important to choose a reputable company. Ultimately, it’s your business that’s responsible for paying your employees and your taxes on time — not the payroll service provider.

There’s a lot at stake here. You should do your homework to ensure the payroll company you pick is compliant with regulatory standards, offers what you need, and is reliable.

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Topics: Payroll, Small Business, Employer Basics

401(k) Audits: Answers to Frequently Asked Questions

Posted by Corie Stark on May 2, 2022

When a business reaches a certain number of eligible participants for their 401(k) plan, federal law requires an independent audit of that retirement plan. Larger companies are more accustomed to this annual requirement. However, owners and managers of growing businesses may never have experienced a 401(k) audit or don't know enough about it.

You probably have a lot of questions if you’re about to undergo an audit for the first time. At what point is an employer required to complete a 401(k) audit? What is an "eligible participant," and why is this important? Who performs the audit, and what documents do they need?

A little homework will help you determine whether or not a 401(k) audit is required. Plus, it’ll help you better prepare for one.

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Topics: Employer Basics, Human Capital Management

PEO vs HCM Software

Posted by Amanda Ellis on Sep 30, 2021

No matter your role or function in a business, there never seems to be sufficient time and resources to accomplish everything you’d like to while operating at the highest possible level. But there are tools that can help. 

Human resources processes require significant thought, strategy, and time, whether you have five, 50, or 5,000 employees. And in today’s climate of companies competing for limited talent, you want your human resources practices to be smooth and effective, not only for you but for your team members, as well. Fortunately, many options are available for you to get the support you need to manage your workforce.

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Topics: Employer Basics, Human Capital Management, Human Resources

6 Thoughtful Ways to Show Employee Appreciation

Posted by Stephanie Rieselman on Mar 3, 2021

If you have employees, there's a good chance that company culture is something you think about often. Positive company culture has the power to impact organizational performance and can mean the difference between surviving and thriving, something that many businesses are focusing on in 2021.

Among the many ways to positively impact company culture, showing your employees appreciation for their hard work is possibly one of the most important. It can boost employee satisfaction at work, thereby increasing performance and retention and creating a more enjoyable workplace for everyone. But how can you show appreciation to your employees when the office is empty?

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Topics: Employer Basics, Employee Communications

5 Tips for Reassuring Your Employees During a Time of Crisis

Posted by Stephanie Rieselman on Apr 10, 2020

Communication with employees is the foundation of success for any business. It's even more crucial during a crisis.

With so much uncertainty surrounding the present and future impacts of the COVID-19 pandemic, leaders are forced to address issues they never have before. Some are finding that their current internal crisis communication plan needs tailoring to tackle the unique challenges posed by COVID-19. For others, this will be a crash course in crisis communications.

To effectively communicate with employees during difficult times, it's essential to keep employees' psychological wellness in mind by being transparent, empathetic, and responsive. Here are a few tips you can follow to keep workplace morale from sinking, promote productivity, and position your company to be an employer of choice on the other side of the crisis.

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Topics: Employer Basics, Human Resources, Crisis Communications, Employee Communications

How to Onboard New Hires and Boost Retention

Posted by Corie Stark on Feb 12, 2020

Research from the Society for Human Resource Management (SHRM) shows companies that invest in a detailed, effective onboarding program retain 50% more of their new hires than their competitors. Similarly, employees who have a positive onboarding experience are 69% more likely to stay employed at their current company for at least three years. With the unemployment rate reaching new lows, signaling a decrease in potential new hires, it’s more important than ever to invest time in crafting a good onboarding experience.

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Topics: Employer Basics, Human Resources

6 Payroll Tasks to Complete When an Employee Leaves

Posted by Corie Stark on Sep 9, 2019

No matter the size of your business, or how good your retention rate is, from time to time, an employee resigns in favor of other opportunities. For them, it means a new chapter in their professional life. For you, it means closing the book on their employment with your company.

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Topics: Payroll, Employer Basics

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Thank you for visiting our blog. Please note that we do our best to fully research the blog topics you see here and present accurate and up-to-date information. We believe the information to be accurate but make no claims as such. We also want to share with you that we do not provide professional accounting, financial, legal or tax advice and we recommend contacting a licensed accounting, financial, legal or tax advisor for business advice. For any comments related to the blog, please email us at info@inovapayroll.com.