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Understanding Taxable Benefits In A Quick and Easy Way

Vantage Circle

As an employer, you must have considered providing your employees with some extra benefits besides their regular wages. But have you ever wondered whether these benefits are taxable? What exactly is a taxable benefit, and are they legally required? What Is A Taxable Benefit? But a major question remains.

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Preparing for Upcoming FLSA Changes: Revisiting the FLSA, and the Importance of Complying with Overtime Regulations

MP Wired For HR

There are many other key aspects of the DOL’s proposal, so stay tuned to MP as we will be offering content in a variety of formats as this story unfolds. Unless otherwise exempt, the FLSA ensures that employees are paid time and a half whenever working more than 40 hours in a work week. Who does it pertain to? Who is it enforced by?

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9 Employee Retention Strategies for Keeping Your Best Talent

Achievers

SHRM estimates that it costs $20,000 to $30,000 in recruiting and training expenses to replace a manager making $40,000 a year. This doesn’t even account for losses in terms of interview time, knowledge, productivity, or cultural impact. over $450 billion per year in lost productivity. Build employee engagement.

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Strategies to Reduce Turnover Among Hourly Wage Workers

Abel HR

As part of our series on revisiting old blog posts, today we wanted to expand upon a previous posting where we detailed three strategies for reducing turnover among hourly wage workers. If you work in a niche industry, now is also the time to teach them about exactly what you do and why you do it.

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Reflections on the LACE employee experience forum – February 2022

LACE Partners

In 2021 we hosted a forum to discuss employee experience with a group of EX practitioners. Neil from our team has provided today’s overview and picked out some of the most interesting reflections from Aaron and Katie. In the last few years employee experience (EX) as a concept has changed drastically.

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Just How Popular are Free Employee Meal Policies?

Zenefits

If that’s true, then many employees in the Bay Area of California might be in for a rude awakening. News came this week that an upcoming change by Facebook to a perk in their Menlo Park office would mean tighter restrictions around their legendary free employee meal policy. appeared first on Zenefits Blog.

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How Do Safety Programs Save Businesses Money?

Abel HR

A while back, we published a blog post citing data suggesting that investing in a workplace safety program can actually save businesses significant money (not to mention stress!) Read on below to learn how exactly such programs contribute to cost savings and how they can otherwise boost your business. In general, an EMR of 1.0