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Is Hiring Teens a Good Alternative to a Tight Labor Market?

Stratus

Lower wages. Many people argue that minimum wage was never meant to be a livable wage, but rather an acceptable amount of money for someone new entering the workforce. If your business doesn’t shut down at 5pm, teens may be the perfect solution to add a few extra hours of productivity without overworking your full-time staff.

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What’s Keeping HR Up at Night in 2020?

HRExecutive

million in January 2020, according to the Bureau of Labor Statistics. jobless rate, which encourages job hopping; employers’ increased need for specific skills, especially those involving digitization of work; and the challenge of improving employee productivity, which requires a blended mix of new skills and institutional knowledge.

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Exempt vs. nonexempt employees: What the difference is and how to classify them

Homebase

Plus, it’ll help you avoid confusing payroll or scheduling issues, and you’ll ensure your employees are given appropriate hours, overtime, and benefits. Auto-convert timesheets into wages, catch errors, pay your team, and file taxes all in one place. So, if they work over 40 hours per week, they don’t receive extra compensation.

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Payroll Congress

DailyPay

Make Payroll a Strategic Advantage With On-Demand Pay Join us at The 41st Payroll Congress to learn why on-demand pay is this year’s hottest benefit that employees are asking for. After the simple implementation is complete, your team can offer this easy-to-use benefit to your employees.

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Retail Turnover Rates In 2021

DailyPay

Turnover in 2020 was much higher than in previous years due to the coronavirus pandemic. 2020 saw an overall turnover rate of 57.3% Turnover in 2020 was much higher than in previous years due to the coronavirus pandemic. 2020 saw an overall turnover rate of 57.3% according to the Bureau of Labor Statistics (BLS).

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Understanding Minimum Wage (Updated for 2020)

Zenefits

Federal minimum wage laws have been in effect for more than 90 years, but many small and midsize businesses (SMBs) don’t fully understand what the law encompasses. The recent “Fight for 15” has put minimum wage in the spotlight, with many lobbying for a higher starting salary for American workers. See image below).

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The PEO Industry in 2020 & Beyond: What The Next Decade Holds

Genesis HR Solutions

Like almost every other industry, professional employer organizations (PEOs) have been forced by the global pandemic to ask themselves this question. Download Everything you need to know about PEOs: A step-by-step guide. PEO History & Highlights. In the 1980s and 1990s, PEOs as we know them today emerged. million to 3.7 million to 3.7