Welcome to the Oasis® Blog
Oasis, A Paychex® Company, is one of the nation's leading Professional Employer Organizations (PEOs), providing clients with Human Resource Services, Payroll Administration, Employee Benefits Administration and Risk Management Services. Oasis has clients in all 50 states and in many different industries. Oasis tailors its HR solutions to address specific challenges within a number of industries. To learn more, please click below.
According to a recent survey reported in Forbes, almost all large companies use performance evaluations for the majority of employees. Likewise, research by performance management systems providers has found that nearly 85% of small- and mid-size companies also conduct performance evaluations.
Training is a vital component of workforce retention. According to the American Society for Training & Development, only 12% of employees at companies that provide best-in-class training and professional development opportunities had plans to leave within the year. This is considerably lower than the 41% of employees who plan, within 12 months, to leave companies with inadequate training programs.
The employee portion of the Social Security payroll tax deducted from employee paychecks was temporarily reduced from 6.2% to 4.2% by Congress. As of January 1, 2013, the reduction has expired and the 6.2% rate has been reinstated. Please click here for the latest news from the IRS.