Netchex Not Impacted by Silicon Valley Bank or Signature Bank Closures
Over the course of three days, financial regulators shutdown both Silicon Valley Bank (Friday, March 10) and Signature Bank (Sunday, March 12). These consecutive closures are believed to be the second and third largest bank failures in U.S. history. Netchex does not use Silicon Valley Bank or Signature Bank to fund our clients’ payroll services […]
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The High Cost of Payroll Errors: What to Know and How to Prevent Them
A recent study about payroll and payroll errors by Ernst & Young, a multinational accounting firm, surveyed over 500 companies (from 250 to 10,000 employees) and found that: When HR processes are handled manually, nearly every step of payroll creates an opportunity for mistakes. As identified by the Ernst & Young study, here are just […]
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Why 2023 is the Year You Invest in Payroll Software
We all put off things we should do because they seem difficult or time-consuming. The end of one year and the start of a new one gives us the chance to tackle these much-maligned tasks with a clear head and renewed drive. If the past several years has taught us anything, it is that companies […]
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The Benefits and Must-Have Features of Employee Self-Service Portals
Employee self-service (ESS) is a labor-saving HR technology solution. ESS allows your employees to access their own employee information and resolve tasks that might otherwise require a manager or Human Resources personnel. Employee self-service delivers a common-sense need for employees to be able to perform simple tasks for themselves. This saves everyone time and hassle. […]
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Human Resource Management: How it Works, Main Objectives, and HR Technology
Human Resources is a broad term applied to the department within an organization that is responsible for the management of employees as assets of the business—sometimes referred to as human capital. Just like any other business asset, the goal is to maximize the effectiveness of employees, while reducing risk and maximizing return on investment (ROI). […]
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A Guide to Essential Features for Employee Scheduling Software
Creating schedules manually (even online or in a spreadsheet) is a time-consuming process with many of the same limitations as using a paper and pencil. Specialized scheduling software makes the job easier and comes equipped with a wide range of features and benefits. These options are easy to use and are designed to save you time and effort. […]
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How to Keep Employees Engaged Using Scheduling Software
The benefits of scheduling software go way beyond what’s possible with pencil and paper alternatives. In addition to being easier to use, scheduling software can help keep your workforce engaged and motivated. Empower employees by giving them tools and opportunities to influence their own schedules, swap shifts, and check their accumulated hours. You might be […]
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Ten Tips for Creating Better Employee Schedules
Creating employee schedules is not an easy task. With many business and personal factors influencing the decision-making process, it is easy to make mistakes. Without the ease and functionality of employee scheduling software, you probably run into problems like unbalanced shifts or employees working unexpectedly into overtime. Here are a few pro tips to consider […]
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New Netchex Updates Improve Company Compliance and User Experience
As HR professionals, payroll administrators, and C-suite executives, you already know that our industry changes a lot. From recent legislation and compliance concerns to new technology and an evolving workforce, there is much to know and be aware of in order to keep your business safe, your job easy, and fellow employees happy. As part […]
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8 Reasons Why Your Company Needs to Use Employee Scheduling Software
Employee scheduling software is quickly becoming indispensable workplace technology. If you’re still doing business the old-fashioned way—sending an email or submitting a paper request for time off—then you are hindering your business and employees. Like other HR technologies, employee scheduling software makes better use of your staff and the limited hours in each workday. When […]
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Netchex Receives Multiple Awards Praising Ease of Use, Customer Service, and COVID Response
2020 has been a year marked by near continual uncertainty and change. Through it all, Netchex has remained fully operational and hard at work for businesses that are also working to remain open, adapt their policies, and ensure the safety of their employees. We were able to accomplish this thanks in large part to two […]
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It’s National Payroll Week! Here’s How You Can Participate
Just about everyone would say that payroll is important because it is how people get paid. But few people are aware of all the additional things that are made possible through the actions of the payroll industry. Most notably, through payroll withholding, the industry contributes, collects, reports, and deposits 70% of the U.S. Treasury’s annual […]
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