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What are Essential Things to Know About Wage and Hour Compliance for Your Business

InfoMart

BLOG What are Essential Things to Know About Wage and Hour Compliance for Your Business Guest Post August 29 2023 Maintaining wage and hour compliance is crucial for businesses to provide fair and legal employment practices. So, let’s dive into the essential aspects you should know.

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Attracting Healthcare Talent in the Post COVID Market

Hospital Recruiting

Simply offering excellent wages and great benefit packages are no longer sufficient in the competitive healthcare industry. Simply offering excellent wages and great benefit packages are no longer sufficient in the competitive healthcare industry. It is a job seeker’s market in the healthcare industry.

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How supporting hourly workers pays off for businesses

Rise

Learn why—and how—you should support hourly employees at your organization. For businesses, staff shortages have led to fewer opening hours/days and less profit. Improve wages, or at least, offer perks. Hourly employees often have little control over their shifts, hours, and time off. Offer more flexibility.

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Minimum Wage, Maximum Pressure: The Journey Toward $15/Hour

UKG

On April 27, 2021, President Biden signed a new Executive Order, “ Increasing the Minimum Wage for Federal Contractors.” No one … working 40 hours a week should live below the poverty line.”. As of January 1, 2021, 29 states and the District of Columbia have minimum wage provisions higher than the federal, while 2 1 states use the $7.

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The Importance of Multiple, No-Fee Earned Wage Access Options for Workers

DailyPay

Instead of a “black box” amount of money deposited into one’s bank accounts every two or four weeks, workers can now have access to an individually calculated net or “take home” pay balance the day, sometimes the hour, they earn it. [1]

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The Importance of Multiple, No-Fee Earned Wage Access Options for Workers

DailyPay

Instead of a “black box” amount of money deposited into one’s bank accounts every two or four weeks, workers can now have access to an individually calculated net or “take home” pay balance the day, sometimes the hour, they earn it. [1]

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How much does it cost to hire an employee?

Homebase

Aside from the wages you plan to pay them, you’ll need to consider additional expenses like recruiting candidates, training, payroll taxes , and more. . of the employee’s wages for Social Security taxes, and 1.45% for Medicare taxes. Wages and benefits. Need help with hiring? Sign up for Homebase today!