Over half of companies plan to implement new HR and payroll software in the next 12 months. Most will do so by January.
Schedule your demo by 9/6/2019 to ensure a 1/1/2020 go live date
Some payroll taxes are only effective until employee pay crosses a certain threshold or “wage base.” Because these limits reset at the beginning of each year, going live in January means you don’t have to import year-to-date payroll data into your new system.
Stuck with a professional employer organization (PEO)? It pays to switch in January. Because of the way co-employment works under a PEO, leaving midyear could mean potentially having to double pay certain taxes, like federal unemployment. These obligations reset at the start of the year, saving you the hassle—and expense.
When it comes to rolling out HR software, what better time for a reset? Employees feel refreshed, more accepting of change, and eager to turn the page on the last twelve months. Capitalize on this wave of energy by giving employees a personal, engaging HR platform that boosts both performance and culture.
The Affordable Care Act (ACA) is here to stay. Don’t start the new year without a system that can process your ACA reports. Getting the ball rolling sooner rather than later is critical, especially since you’ll need time to gather benefits documentation from your current broker or system.
No matter your company’s approach to goal setting, the new year is a natural time to set new targets and set employees up for success. Whether you use cascading goals, OKRs, KPIs, or all of the above, start 2020 with a performance tool that meets your business’ needs.