Practical HR Tips, News & Advice. Updated Daily.
Turnover costs for businesses are high and can significantly affect the financial performance of an organization or business. It has been estimated that, on average, it costs a company one-third of a new hire’s annual salary to replace an employee. What causes turnover? Click here to read more.
If you make an offer to a candidate that is contingent on passing your training classes, can you make those training classes unpaid?
While retirement savings rates among women are catching up to those of men, the average salary deferral rate for women still lags behind those of their male counterparts. Click here to read more.
By Susan Prince, JD, Legal Editor The public comment period for the Department of Labor’s (DOL) proposed changes to the overtime regulations ended on September 4th, 2015. Almost 250,000 comments were received, which represent the diverse views on the proposed changes—particularly the steep increase to the salary level required for exemption.
Jasmin Rojas, JD, Legal Editor Many consumers appreciate the simplicity and the usually significantly lower cost of using Uber as a means of transportation. However, the line between Uber’s services and those of a traditional taxi (where the driver is usually an employee) is one that is incredibly blurred.
After raising the minimum wage for its lowest compensated workers, Walmart is now cutting some workers’ hours to try to trim costs. Click here to read more.
Federal contractors need to be preparing now for the U.S. Department of Labor’s (DOL) new pay transparency rule, a rule going into effect in January that is likely to present challenges to a number of employers, according to an attorney familiar with its provisions. “This rule appears to me to be part of the overarching […]
You may have read about different generations and how they view their work and their lives. The differences in their viewpoints, not to mention which attributes they seek as they decide on a job or a career, are significant. What does all this have to do with executive pay? Click here to read more.
Which is better—job evaluation or market pricing? Though many see them as competing processes, a blend of the two offers more benefit because it balances the strengths and weaknesses of each. Click here to read more.
The annual raise was once a staple of the American workplace. However, it’s now turning into a relic of the pre-crisis economy as companies turn to creative—and cheaper—ways to compensate their employees. Read more.