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California Minimum Wage: What Small Businesses Need To Know

Homebase

In 2016, California approved a statute to increase the minimum wage yearly starting in 2017. This period has now passed and the California minimum wage rate is at $15.50. According to a Zillow study, a person making minimum wage would need 2.7 Simplify payroll What is the California Minimum Wage? Note: While $15.50

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Retail Turnover Rates In 2021

DailyPay

The following article is another in our series that examines average employee turnover rates by industry. In this article, we hold the retail industry under a microscope to see what might be affecting employee turnover and retention rates, and why employees in this industry are seen coming and going so often. READ THE EBOOK.

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Beginner’s Guide to Collecting and Analyzing HR Metrics

Homebase

Are you struggling with high employee turnover, low staff engagement, or escalating training costs? But the real challenge lies in effectively gathering accurate data. From establishing clear objectives to choosing the best tools and methods, we’ll guide you through every step of the data-gathering process.

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Top 15 Tips to Track Payroll Metrics

HR Lineup

Some common payroll metrics include labor cost percentage, overtime percentage, turnover rate, absenteeism rate, and compliance with labor laws and regulations. Automated payroll systems can calculate wages, deductions, and taxes accurately, reducing the likelihood of errors and ensuring compliance with regulations.

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Employee Cost: How to Calculate the Cost of an Employee?

HR Lineup

Overtime Pay: Compensation for hours worked beyond regular working hours, often paid at a premium rate. Benefits: These encompass various perks and protections offered to employees, including health insurance , retirement plans, paid time off, and other fringe benefits. However, their value goes beyond just their salaries.

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Shift Differential: What It Is & How to Calculate It

Replicon

Many businesses stay open outside the general 9 to 5 business hours to keep up with customer demand, especially during the holiday season. However, convincing employees to take up shifts outside business hours is challenging. Shift differential can be provided as a flat amount or can be offered as a percentage per hour.

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How this HR’s Rising Star and ‘numbers person’ innovates in hard-hit hospitality

HRExecutive

And today, he’s doing just that as Aimbridge leans on data-driven innovation to create its post-pandemic workforce. Advertisement - As hospitality companies worked to right-side their finances in the ensuing years, one of the most visible effects was on staffing. .