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Furlough vs Layoffs – The Better Alternative?

Keka HR Blog

Realizing you don’t have enough cash flow to cover payroll is one of the most difficult situations a company owner can face. Furloughs may impact only a subset of the workforce. Furthermore, each has its own set of legal standards that are normally regulated by the state in which your company is based.

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Unlimited Paid Time Off: Pros, Cons & Implementation

Analytics in HR

They neither accrue nor are they assigned a number of vacation days per year. How to build a successful unlimited PTO policy Examples of companies that offer unlimited PTO. This does not mean that employees can simply take time off whenever they want. Happy employees have the power to positively influence the bottom line.

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6 Dos and Don’ts: Managing Employee Morale In a Recession

Bonusly

Losing highly-skilled employees is costly in the best of times, and can be catastrophic when economic conditions are already less-than-ideal. It may be tempting to try to shield employees from information about how the company is doing during times of economic downturn. Here at Bonusly, morale is something we’re pretty well-versed in.

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Your Ultimate HR Compliance Checklist for 2024

Analytics in HR

Something as simple as an HR checklist can help keep you on track when it comes to all the moving parts you, the HR professional, need to manage on a day-to-day and annual basis. The risk of non-compliance can be detrimental. This impacts overtime eligibility. Since 2000, U.S. Contents What is compliance in HR?

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What Is Job Abandonment and How To Prevent It? [Practical Guide]

Analytics in HR

In this article, we provide an overview of job abandonment, why it may happen, ways to prevent it, and how to create an effective job abandonment policy. According to a survey on the financial impact of employee absences, unplanned absences have the highest average productivity loss, with an average of 36.6%.

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Job Abandonment: All HR Needs to Know

Digital HR Tech

Job abandonment can have a negative impact on your organization. This article gives an overview of the issue, why it may happen, ways to prevent it, and how to create a job abandonment policy. Job abandonment can occur in any type of organization and for a variety of reasons. Contents What is job abandonment?

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The pros and cons of an unlimited PTO policy

Business Management Daily

Imagine your grandfather back in the day looking for a job. A good employee benefits package may have included a week or two of vacation time and a set number of paid sick days. Outsiders wonder how any business with such a policy could function. Employees are not given a set number of vacation days at the start of a year.