Remove Compensation Remove Study Remove Wage and Hour Training
article thumbnail

HR KPIs: Guide, 20 Examples & Free Template

AIHR

HR KPI examples HR KPIs vs metrics Characteristics of good HR KPIs Leading vs. lagging KPIs HR KPIs case study HR KPI template HR KPI best practices FAQ What are HR KPIs? For example, if you have to cut costs in your learning and development budget while also trying to stimulate innovation, it creates a strategic challenge.

article thumbnail

Cracking the Retention Code: Why Do Call Centers Have High Turnover Rates?

Payactiv

Inadequate Compensation As of March 2024, the average hourly pay for call center agents in the US is just $17.75 per hour, which amounts to a total yearly salary of about $38,000 for full-timers. Long Hours Call centers are typically staffed during the evenings, weekends, and holidays. Why is this figure so high? Let’s explore.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

From Fleeting to Forever: Combating Quick Service Restaurant Turnover Rate

Payactiv

Low Compensation The average hourly rate for fast food workers in the US is just $11.95. Great staff is a critical element of success for every quick-service restaurant (QSR). However, the industry is renowned for its extremely high turnover rate. across all sectors, according to the US Bureau of Labor Statistics. How Did We Get Here?

article thumbnail

Customers React Negatively to Wage Gap Disclosures, HBR Study Finds

Trusaic

Lawmakers across the globe are finding that pay data reporting requirements for employers are critical for helping to close the gender wage gap. mandatory public disclosure of wage gaps lays bare the integrity of an organization’s pay practices. As recently seen in the U.K. and states throughout the U.S.,

Study 246
article thumbnail

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

MP Wired For HR

This update will drastically impact how businesses classify employees and calculate wages. This update will drastically impact how businesses classify employees and calculate wages. Enacted in 1938, the FLSA aimed to improve working conditions and ensure fair wages for American workers. What Constitutes Hours Worked?

article thumbnail

How to Motivate Hourly Employees

Fond

An hourly employee is paid for the number of hours they work each week–unlike a salaried employee, who is paid a set wage no matter how many hours they work. This means that they are entitled to at least the minimum wage, as well as overtime pay. Hourly employees make up the majority of the US workforce.

article thumbnail

Winning Back Unhappy Service Industry Workers Takes Pay & Appreciation

Visier

Service industry workers were laid off en masse in 2020, but many who have come back are now voluntarily walking out the door again citing low pay and a lack of appreciation shown by employers. For the last 12 years, the federal minimum wage has stayed at just $7.25/hour, And the reasons? In simple terms: they are fed up.