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Payroll and HR Leading Practices

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Best Practices for Managing Employee Performance and Compensation

This tool contains leading practices companies should consider when managing employee performance and compensation practices. 

Sample leading practices include: group employees into different pay cycles that will minimize the number of payments per month, balancing constraints set by legal requirements and employee needs; migrate hourly workers (when permissible by law) to biweekly payrolls in order to reduce the volume of payroll transactions; require electronic funds transfers (direct deposit) as the method of pay disbursement for all employees; and minimize the issuance of manual checks and only issue them when required by law.

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