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Rising Wages: Time to Know Your Total Cost of Workforce (TCOW)

Visier

This includes a $15/hour minimum wage, sick time, vacation, a $4,000 new child benefit for new parents who don’t receive paid parental leave, among other things. In May, Facebook announced a new set of standards for vendors and contractors with respect to employee pay and benefits. Considering Increasing Pay? Consider This.

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3 Ways People Analytics Ends Employee Retention Guesswork

Visier

Hiring, vacancies and turnover are critical measures on both the state of the economy and the health of the organization. If you read the financial papers, economists will point to record levels of new job openings, and what follows — voluntary resignations. For many organizations, voluntary turnover costs millions of dollars. The answer?

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Achieving Transparency in the Workplace: Strategies for Success (With Examples)

Analytics in HR

This increases the chances of meeting commitments and people taking responsibility for things that didn’t go as planned. Transparency in the workplace touches on almost every aspect of the employee life cycle, from attraction and recruitment to retention and development. Contents What is transparency in the workplace?

Examples 119
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A Complete Guide to Employee Engagement Survey Analysis

Analytics in HR

Analyzing the data you collect from employee feedback helps you notice patterns, challenges, and problems which you can then find solutions to and implement across the organization. Creating and distributing a survey requires valuable resources, which is why data must be meticulously analyzed, reported on, and acted upon.

Analysis 101
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How to Save Your Company from Unhealthy Turnover and Optimize Retention

Bonusly

Plan check-ups. Completions of employee development plans. tenure, manager, training completed). In 2018, over 40 million people quit their jobs in the US compared to just 30 million in 2014. But how do you know if your turnover really is an issue? And if it is, how do you focus your efforts to improve? Identify the symptoms.

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The Right Way to Increase Minimum Wage at Your Organization

Visier

government passed a bill to gradually increase the minimum wage to $15 by 2025. This bill also abolishes sub-minimum wage for both youth workers and tipped workers and closes a less commonly used loophole that allows employers to pay less than minimum wage to some disabled workers. of wage-earning workers and their employers. .

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What The Motherhood Penalty Is, And How To Combat It

Zenefits

” In short, because they are parents, working mothers are denied: Competitive wages. This misconception, called “ maternal wall bias ,” is heightened when working women go on maternity leave or take extended time off to care for a newborn. “As children grow, mothers learn new skills such as: Personal coaching.