Remove 2016 Remove 2019 Remove Compensation Remove Wage and Hour Training
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4 Economic Trends Impacting Talent Today

ClearCompany HRM

Plus, we’ll give you some tips to get ready for what 2019 has in store! What to do: If you want to solve the skills gap for your company specifically, start investing in training, goal-setting , performance metrics and learning. What not to do: Assume you can simply lower wages. Lots of Jobs, Lots of Workers.

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Retail Turnover Rates In 2021

DailyPay

For context, the turnover rate was in the 42-45% range from 2016-2019, slowly creeping upward. This high turnover rate translates into more than 230 million days of lost productivity and $19 billion in costs associated with recruiting, hiring and training, according to Human Resources Today. READ THE EBOOK.

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The Right Way to Increase Minimum Wage at Your Organization

Visier

On July 18th, 2019, the U.S. government passed a bill to gradually increase the minimum wage to $15 by 2025. This bill also abolishes sub-minimum wage for both youth workers and tipped workers and closes a less commonly used loophole that allows employers to pay less than minimum wage to some disabled workers.

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Managing A Total Talent Workforce – The Impact Of The Gig Economy

Accurate Background

Rather than being recruited as full-time or contracted employees, these workers secure individual and on-demand “gigs” – a process that very often happens via an online platform or mobile app. . . Following the outbreak of COVID-19, workplace culture shifted dramatically and irreversibly. Indeed, the phenomenon of 47.8

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Living Wages in 2016 – How Do Employers Respond?

Astron Solutions

Seven months have passed since New York State’s minimum wage increased to $9.00 per hour, while the “fast food” minimum wage increased to $9.75 Last year when news broke on the $15 minimum wage legislation, Astron Solutions’ Michael Maciekowich noted that the impending changes caused quite a stir. in New York City.

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What U.S. Employers Can Learn About Work-Life Balance from These 6 Countries

Hppy

Men who fall into this category will not spare time to learn about activities occurring in the family, lessen time with their children, be prone to losing formidable friendships, exposure to vices, etc. The work and career system are designed to choke out our time for any and every other thing. This school of thought is not always correct.

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Confronting the Pay Equity Gap: Identifying and Resolving Issues of Unequal Pay

Decusoft

But when there’s a bias or even discrimination in compensation practices, there’s a disruption of the talent pool that can lead to disengagement, lower productivity and financial losses. Pay equity is the idea that employees will be compensated at the same level when they perform the same or similar jobs. Women earn $0.69 The Causes