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Considering Employee Raises? Review These Ideas

December 16, 2019 | posted by Abacus Payroll
Deciding how to administer employee raises can perplex even the most seasoned managers. How often should raises be given? Should they be given across the board to all workers? If staff turnover is increasing, can you turn back the tide by granting raises to the most productive workers? There’s a lot to consider. As you […]
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Establishing a Pay or Salary Raise Budget for Your Business

June 1, 2016 | posted by Abacus Payroll
payroll success setting a pay raise budget
Whether you need to plan employee raises in order to comply with the new overtime rules, or if implementing annual salary increases is part of your company’s compensation package, the following will advise you to think strategically about these higher labor costs your business is expecting to incur.   After a year of successful business […]
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