Extensis

JUNE 14, 2024

The minimum salary threshold will get another increase on January 1, 2025; at this time, employees earning less than $1,128/week, or $58,656 per year, will be eligible for overtime pay. Currently, highly compensated employees (HCEs) with a total annual salary of $107,432 or higher are deemed exempt from overtime.

Wage and Hour Training 52

Wage and Hour Training Assessment Software HR Software Recruiting Software 52

HR Digest

AUGUST 1, 2024

Exempt employees are paid above a certain level—the marker or threshold for which changes regularly—and this prevents them from being included under FLSA’s guidelines for non-exempt employees. As of July 1, 2024, employees have to earn more than $844 USD per week or $43,888 per year to be classified as exempt employees.

How To 52

How To Compensation Guidelines Groups 52

Extensis

MAY 23, 2023

Increase in costs may temporarily limit provider growth In 2022, McKinsey estimated provider profit pools would grow at a 7% compound annual growth rate (CAGR) between 2021 and 2025, though now the forecast is cut more than half to 3% CAGR from 2021 extending through 2026.

Planning Tools 52

Planning Tools HR Software Study Wage and Hour Training 52

PlanSource

JANUARY 29, 2020

Find out in our complete guide to pet-friendly employee benefits. As the name suggests, this time off perk (usually paid, but can be unpaid) allows employees to have a set amount of time off to adapt to life with a new fur baby. The best news is— this voluntary benefit is typically 100% employee funded.

Background screening 52

Background screening Policies Assessment Software Planning Tools 52

Vantage Circle

JUNE 26, 2023

Organizations are actively providing reasonable accommodations tailored to the needs of neurodivergent employees, such as flexible work arrangements, sensory-friendly workspaces, and assistive technologies. According to the report by Society for Human Resource Management (SHRM) employee benefits survey 2021, 17% of U.S.

Hiring Software 91

Hiring Software Assessment Software Harassment Interview Software 91

Vantage Circle

JULY 13, 2021

By doing so, you elevate employee morale and reduce absenteeism. Recommended Read: 15 Types Of Employee Benefits That Won't Break The Bank Characteristics of A Total Rewards Program. Reward systems are accurately aligned to employees' performance and what they value. Centralized Administration.

Planning Tools 52

Planning Tools Assessment Software HR Software Recruiting Software 52

Ongig

OCTOBER 15, 2024

Inclusive employee benefits shape your team members’ engagement and satisfaction. The benefits that you offer affect a team member’s loyalty to the company. An inefficient benefits package could cause hires to seek out more positive and inclusive environments.

Employee Benefits 59

Employee Benefits Hiring Software Background screening Planning Tools 59

Vantage Circle

NOVEMBER 23, 2023

These programs, focusing on engagement and accessibility, provide a powerful incentive for employees, demonstrating that their organization cares about their financial well-being and quality of life. How to Offer : Two companies, Corporate Offers and Vantage Circle , offer competitive and efficient discount programs to their employees.

Planning Tools 64

Planning Tools Onboarding Software Hiring Software Recruiting Software 64

Qualtrics HR

JANUARY 23, 2020

Employee benefits. Kenexa’s findings linked higher CSR ratings with higher levels of employee engagement. The next generation of employees is seeking employers that are focused on people and the planet. A better customer experience. It’s also linked with a company’s ability to attract top talent.

Kenexa 53

Kenexa Employer Branding How To Talent Experience 53

CuteHR

JANUARY 15, 2020

Research regards employee training and development as the most esteemed employee benefit. Employee development plans are key to success. shows that the global HR industry will touch $30 Billion by 2025. This rise in the demand for the HR industry is due to the stellar employee handling and management it provides.

HR Planning 57

HR Planning Planning Tools Hiring Software Compliance Training 57

Zenefits

JULY 17, 2022

Fund contributions must begin on January 1, 2025. Employers can also choose to deduct up to 50% of the required contribution from the employee’s paycheck. Parental Leave: The contribution rate is 0.32% of wages for 2025 and 2026. Family Caregiving Leave: The contribution rate is 0.08% of wages for 2025 and 2026.

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Hiring Software Guidelines Onboarding Software Planning Tools 36