Currently, as per federal law, employers are required to pay employees at least $7.25 per hour, although many state laws(and some cities and counties) have different minimum wage requirements. However, many federal lawmakers and citizens want to increase the federal minimum wage to $15 per hour because they claim that workers making less than that are still living in poverty […]
Category: Salary & Benefits
Yesterday’s post detailed information about why you should offer postsecondary education benefits to your employees, and today’s post will outline more information on how to do this.
Contributing to employees’ postsecondary education costs can significantly help an organization succeed and remain competitive, which is why 71% of U.S. organizations currently offer some sort of postsecondary education reimbursement benefit, among other postsecondary education benefits like accredited certificate programs and training.
In a challenging labor market that saw the U.S. unemployment rate hover around 3.9% throughout 2018, employers are increasingly looking for ways they can beat the trend and meet their hiring goals. With qualified candidates at a premium, employers must examine how they’re presenting themselves to the interviewee, in order to effectively assess candidates while creating a […]
With Congress considering a couple of bills aimed at preventing wage discrimination—and several states with pay equity laws already on the books—employers may want to take a close look at their compensation practices, according to attorneys who help employers with pay matters.
According to research, 85% of parents say they wish their employer offered childcare benefits; almost two-thirds of parents—and 83% of Millennials—say they’d leave one job for another if it offered better family-care benefits; and two-thirds of parents said childcare costs have influenced their overall career decisions.
Recruiting tech talent continues to remain a challenge in 2019, as many workers are holding out for bigger salaries and better job offers. “If employers are having trouble bringing on technology talent, they may need to take a second look at their salary offers,” suggests staffing firm, Robert Half Technology.
Even in a strong economy, employers often feel the need to be money-conscious. After all, the basic profit equation is pretty simple: The money I earn minus the money I spend equals my profit. For most businesses, particularly in the service sector, salaries make up a huge portion of company costs and overall revenue.
Yes, you read that headline correctly, the youngest generation in the workforce is already planning on leaving it once they hit the 34-year mark. And to think, we were just worrying about attracting them into the workplace!
It can be hard to find workers in any business environment, and that’s even more true with a strong economy and low unemployment But it’s not just big corporations looking for top-dollar professionals that are feeling the pinch; companies whose workers are part-time, temporary, and largely independent need to be careful of how they treat […]