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Workforce Solutions

Workforce Solutions are products and services related to the sourcing, engagement and development of talent.

 

Benefits of workforce management

The right workforce management solution, when implemented and used effectively, can help employers:

  • Control costs

  • Run payroll with accuracy

  • Improve productivity

  • Create schedules

  • Minimize compliance risk

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Contract Administration

Contract administration is the planning and execution of contracts. It involves oversight of the full lifecycle of a fully executed contract and the management of the terms terms and conditions. 

 

Contract administrators set the scope of a project, outlining deliverables from all parties, creating schedules, and determining how to measure performance throughout the duration of the contract. 

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Human Capital Management

Human capital management (HCM) are the set of practices an organization uses for recruiting, managing, developing, and optimizing employees to increase their value of an organization.

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What are the functions of human capital management?

Human capital management is a series of functions that include:

  • Recruiting

  • Payroll

  • Time and attendance

  • Benefits and retirement services

  • Talent management

  • Learning and Development

  • Reporting and analytics

  • Compliance

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Human capital management supports the payroll and HR functions across an organization and affects all employees. Examples:

  • Changing workforce demographics and the ability to get work done in remote environments

  • An expanded availability of contract-based and freelance employees

  • Increasing compliance regulations in both the United States and other countries

  • Tightening labor markets and the need for specialized skills

  • The prevalence of team-based work structures

  • An explosion of available workforce data

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Payroll Administration

Payroll administration is any task necessary to organize the compensation of employees for the hours that have been worked. This may include keeping totals for hours worked by employees, rates of pay and managing payments to employees.

 

Payroll administration makes sure a company’s payroll process runs smoothly. This means:

  • Accurately recording all hours worked

  • Paying employees correctly and on time

  • Complying with relevant tax laws and other rules

 

What does a payroll administrator do?
Payroll administrators assist employees who experience problems with their pay or need to make a change, whether it’s a new address or an adjustment to their

withholdings. They also educate staff about their salary and benefits and any updates to the payment process.

Because payroll touches many parts of a business, payroll administrators are usually expected to liaise closely with other departments, like human resources (HR) or information technology (IT). In some cases, such as an audit, they may be required to work with federal, state or local authorities.

 We provide workforce solutions to businesses
throughout the United States

Useful Staffing, Inc.

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943 Russell Ave, Suite A

Gaithersburg, MD 20879, USA

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(301) 960-8411

info@usefulstaffinginc.com

 ©2023 by Useful Staffing, Inc.

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