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Retail Turnover Rates In 2021

DailyPay

For context, the turnover rate was in the 42-45% range from 2016-2019, slowly creeping upward. This high turnover rate translates into more than 230 million days of lost productivity and $19 billion in costs associated with recruiting, hiring and training, according to Human Resources Today. 2020 saw an overall turnover rate of 57.3%

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Massachusetts Gender & Racial Wage Gap Persists, Despite the Equal Pay Act

Trusaic

The most populous state in New England, and the home of the diverse metropolitan city of Boston, seemed poised to take a leadership role with the 2016 passage of The Massachusetts Equal Pay Act ( MEPA ). 3 minute read . Bar employers from retaliating against employees exercising their rights under the law; and.

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Managing A Total Talent Workforce – The Impact Of The Gig Economy

Accurate Background

Rather than being recruited as full-time or contracted employees, these workers secure individual and on-demand “gigs” – a process that very often happens via an online platform or mobile app. . . Following the outbreak of COVID-19, workplace culture shifted dramatically and irreversibly. Indeed, the phenomenon of 47.8

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Top Five Compensation Trends from 2016

Compensation Today

2016 has been anything but boring. What trends have impacted compensation the most? In the spirit of the coming new year, let’s count the top five 2016 compensation trends! Count down the top #compensation trends of 2016! Count down the top #compensation trends of 2016! Click To Tweet. #5:

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Living Wages in 2016 – How Do Employers Respond?

Astron Solutions

Seven months have passed since New York State’s minimum wage increased to $9.00 per hour, while the “fast food” minimum wage increased to $9.75 Last year when news broke on the $15 minimum wage legislation, Astron Solutions’ Michael Maciekowich noted that the impending changes caused quite a stir. in New York City.

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The gender pay gap: How equal pay starts with hiring

Homebase

The gender wage gap refers to the difference in earnings between men and women. Experts have calculated this gap in multiple ways, but they all point to the same conclusion. Women consistently earn less than men, the gap is wider for most women of color , and we have a long way to go. Table of Contents What is the gender pay gap?

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Will recent pay increases for minimum wage workers affect those in higher earning brackets?

Compensation Today

Co-written by Mykkah Herner, PayScale Comp Specialist and Tess C.Taylor, Founder of HR Knows Around the nation, large corporations are taking the minimum wage issue to heart by instituting salary increases for their most underpaid workers. Are people for or against an increase in the federal minimum wage?