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May 2024 Legal Updates

ComplianceHR

May 2024 Legal Updates If you’re an existing ComplianceHR client, not only can you access these updates through the PolicySmart solution, but also robust links to learn more about each of these changes. However, if you are not a subscriber to our solutions, we are pleased to provide you with abbreviated May 2024 Legal Updates.

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HR Compliance: Engagement, Efficiencies & Integrity

CCI Consulting

By working proactively and flagging potential issues early, such as wage misclassifications or outdated protocols, HR audits help to minimize the risk of legal complications. The main goal of an FLSA audit is simple but important: verify compliance with wage and hour regulations to protect both the company and its employees.

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Why Hospitality Workers Walk Away: Addressing the Root Causes of Turnover

Payactiv

Furthermore, a July 2024 report from Schmidt & Clark found that the leisure and hospitality industries recorded the highest employee exit rates in early 2024. This challenge, highlighted in a recent report by the American Hotel & Lodging Association (AHLA), impacts facilities and establishments of all sizes and locations.

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11 Best Employer of Record (EOR) in the United Kingdom 2024

HR Stacks Blog

Payroll Management: The EOR processes payroll, including calculating wages, withholding taxes, and disbursing payments to employees. Benefits Administration: They provide and manage employee benefits such as health insurance, retirement plans, and other perks, tailored to local regulations and standards.

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Financial Stress In 2024: Revealing Insights About Americans and Money

Best Money Moves

Financial stress in 2024: Revealing insights about Americans and Money. Here are the top statistics updated for 2024. Once again, employee financial stress is on the rise as Americans grapple with higher prices, uneven wage growth and record-high credit card debt. Household debt coming into 2024 soared to $17.3

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Top 10 Employee Perks Programs for 2024

HR Lineup

As we step into 2024, the landscape of employee benefits and perks is continuously evolving. These programs go beyond the traditional healthcare and retirement plans, incorporating elements that cater to employees’ holistic well-being.

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Is Overtime Taxed More than Regular Pay?

Replicon

As the timeless adage goes, “time is money,” and for many individuals, this translates into dedicating extra hours to the workplace in the hopes of boosting their income. Join us on this journey as we clarify the financial implications of putting in those extra hours at work. Is Overtime Taxed More Than Regular Pay?