Last year mergers and acquisitions were alive and well in the United States — over $1 trillion worth, accounting for 43 percent of all M&A deals worldwide, according to Thomson Reuters. Mergers and acquisitions take place for a variety of reasons, most commonly to gain market power, obtain new resources, and achieve rapid growth and […]
Processing payroll may not be a day at the beach, but it doesn’t have to be a chore. According to the IRS, 33% of employers make costly payroll errors each year that result in billions of dollars in penalties. Why does this happen? We all know that payroll isn’t just about adding up the hours […]
Explore this infographic to learn how automating time and attendance can help increase payroll accuracy and decrease payroll costs.
Check out this infographic to learn why automating time & attendance with stratustime will simplify your payroll process.
Employment and labor relations professionals, great conversations and a variety of HR products and services for the hospitality industry. That’s what we experienced at the 8th Annual HR in Hospitality Conference and Expothe beginning of this week. One of 44 exhibitors at the Aria in Las Vegas, we were proud to represent the time and […]
When you think of integrated software, you expect multiple software platforms to be able to communicate appropriately in ways that ultimately make you more informed and help you make better decisions for your business. Nearly every labor management software solution available today promises easy integration among HRIS, ERP and payroll systems. The trouble is, according […]
Featured Topic: What's Unique About stratustime?
For many professionals, the phrase “cloud-based computing” has become synonymous with business-as-usual, and the promises that come with the cloud, such as rapid deployment, faster services, and greater connectivity, are baked into many modern work environments. However, less than a decade ago, the concept of the cloud was still new and fairly novel for many […]
Read More >Do you remember the proposed overtime changes to the Fair Labor Standards Act (FLSA) in 2016? Once in effect, the rule was predicted to extend overtime protections to 4.2 million workers who were not previously eligible under federal law. Plenty of workers were excited about the changes, while many companies were a little concerned. And one sector that […]
Read More >Between the country’s economic growth and the record low unemployment rate of 4.1%, times are looking good for many companies and workers. Now wages are starting to nudge upwards too. According to recent Bureau of Labor Statistics data, average hourly earnings moved up nearly 3% from a year ago. This means that more money is […]
Read More >How stratustime Works
stratustime tracks employee hours through PCs, mobile devices, and POS systems, then automatically transmits time and attendance data to your payroll service. Advanced features like scheduling, PTO accrual, and labor forecasting give HR managers and payroll specialists more time to focus on people instead of data entry.