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Hotel Workers Strike Disrupts Major Cities Nationwide in 2024

Heyyy HR!

These key demands highlight the urgent needs and challenges faced by many in the industry. Wages and Compensation One of the primary demands is higher wages. Hotel workers are calling for pay increases to keep up with inflation and rising living costs. They are pressing for higher wages, increased staffing, and better benefits.

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Calculating full time equivalent (FTE): Benefits and uses

Business Management Daily

They can use it to determine whether hiring new part-time workers would be more cost-effective than having full-time employees work overtime. Organizations typically don’t exceed 40-hour workweeks due to the steep increase in labor costs. Enhanced budgeting Financial planning also benefits from FTE calculations.

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15 Inclusive Employee Benefits to Offer in 2024

Ongig

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.

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The Essential Components of a Job Description [+ Helpful Examples]

Ongig

For example, lets say youre hiring a customer service representative. If the new hire will need to drive an hour out to attend training at your corporate office, be upfront. If you love tackling project management challenges head-on and keeping things fun, we want you on our team! Be specific. Including training.)

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20 Best Company Perks for Employees

Empuls

Unique benefits—such as extended parental leave, mental health support, or student loan repayment assistance—signal to potential hires that the company values them as individuals, not just for their output. Perks in salary refer to additional benefits and incentives that complement an employee's base pay.

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Compensation Package: A Guide For HR (+ Free Template)

AIHR

In a time when HR professionals are struggling to find, hire, and retain employees, the competition for talent is becoming more challenging by the day. One of the first things employees look at before even receiving a job offer is their compensation package. of employees rank compensation as the top factor in job satisfaction.

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A Full Guide to Compensation and Benefits

Digital HR Tech

Compensation and benefits refer to the benefits a firm provides to its employees in exchange for their labor. Compensation and benefits are thus a key part of Human Resource Management. In this article, we will provide you with a full guide about compensation and benefits. Benefits cover indirect pay.