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Big Changes for Overtime! What Employers Need to Know About the New DOL Rule 

MP Wired For HR

January 1, 2025: The minimum salary for an exempt employee shoots up again to $58,656 annually. This means millions of workers who were previously exempt will now be eligible for overtime pay if they work more than 40 hours a week. Key Dates: July 1, 2024: The minimum salary for an exempt employee jumps to $43,888 annually.

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Design Thinking: The Solution for Creative and Motivated Teams

Achievers

In The Economist’s special report on Artificial Intelligence it shared: “Bank of America Merrill Lynch predicted that by 2025 the “annual creative disruption impact” from AI could amount to $14 trillion-33 trillion […] Far from killing every job on the planet, such disruption is expected to transform the way we work.”.

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Gen Z at Work: Their Expectations and How to Meet Them

Civility Partners

Gen Z currently makes up 30 percent of the world’s population and is expected to account for 27 percent of the workforce by 2025. Born between 1997 and 2012, they are the most diverse generation yet. Here’s a freebie for you, our: Employee Engagement Doesn’t Have To Be A Mystery Ebook!

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2024 Mid-Year Legal Updates: Understanding the New Federal Overtime Rule 

MP Wired For HR

January 1, 2025: The highly compensated exemption level will increase to $148,000 per year. The increases will occur in two phases: July 1, 2024: The standard salary level for the executive, administrative, and professional exemptions will increase to $68,445 per year.

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Eleven Common Payroll Mistakes: Critical Strategies for Prevention, Part 1

MP Wired For HR

which has been extended through December 31, 2025) This tax program allows employers to receive a tax credit for hiring workers who have typically faced barriers to employment. Employers should implement a system in their hiring and recruiting process to identify employees who may qualify for a Work Opportunity Tax Credit (WOTC).

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11 Really Cool Jobs That Don’t Exist Today, But Will Soon

Replicon

According to the World Economic Forum’s Future of Jobs Report 2020 , automation and artificial intelligence (AI) will likely replace approximately 85 million jobs by 2025. EBOOK Enhance Productivity for the New Age Workforce Download Ebook Now. The process, however, involves “creative destruction.”

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6 Best Steps to Prepare Employee Development Plan

CuteHR

shows that the global HR industry will touch $30 Billion by 2025. Accessible, independent programs that allow each employee to develop and learn at his own pace leads to a diverse, proficient and competent workforce. Utilization of ebooks, webinars, online classes, quizzes, videos and podcasts is extremely judicious nowadays.