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Which Should I Hire: 1099 Contractor vs. Employee

Newton Software

You Save on Benefits. In nearly all agreements with independent contractors, company does not provide benefits such as healthcare, vacation, sick time and retirement plans. Regular W2 employees require that companies pay payroll taxes, unemployment, and workers compensation (i.e., What does this have to do with 1099 contractors?

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Why the Candidate Intake is Crucial to Boost Job Offer Acceptance Rates

Newton Software

Their current base salary and any other compensation factors such as bonus, commissions, equity, benefits, etc (total package). Discussions around salary can be uncomfortable, but collecting compensation information is crucial to crafting a successful job offer. The candidate’s expected future income.

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Hiring Seasonal Employees – When, Why, and How

Newton Software

Employers must be careful about their status, because once they’re classified as an ALE, they will be responsible for providing certain benefits for their eligible workforce, such as health insurance. The post Hiring Seasonal Employees – When, Why, and How appeared first on Newton Software.

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Are Recruiting & HR Certifications Worth It?

Newton Software

Compensation and benefits (19%). So What Are the Main Benefits? How to manage and implement compensation and benefits programs. appeared first on Newton Software. The PHR certification is weighted more heavily towards the tactical aspects of HR and less on overall business and strategy.

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What the New Overtime Rule Means for Recruiters

Newton Software

This has major implications for employers, as they will be forced to overhaul the compensation structure and job classifications of many early to mid-management positions by the effective date of December 1st. Another selling point we’re losing is with benefits, which are different for hourly associates.”. Interested in learning more?

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Newton Recruiting Insights – HR Certifications

Newton Software

Payscale, a company that evaluates salary and compensation information, has carried out a series of studies supporting this. Among total respondents, over one-third believed that the benefits of professional HR certification were worth more than five times the costs, ascribing a personal ROI of 476%. So What’s The Verdict?

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Leveraging Performance Reviews to Improve Hiring

Newton Software

For example, if an employee achieves an average score of 7, does that mean they do or do not qualify for some sort of compensation increase? As you can imagine, this sort of process can become painstakingly long; however, it does offer many benefits that make the process well worth it. 360-Degree Performance Review.

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