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Even without big changes in your workplace, your employee handbook likely needs an update every year, including 2023. Employee handbook updates are becoming increasingly important, as we’ve previously talked about how, when, and why to update. Hourly workers who go beyond 40 hours also expect overtime pay.
Finding the right job candidates can be difficult, as 90 percent of hiring managers say they have a hard time finding skilled professionals, according to a December 2023 Robert Half survey. Making Sure Supervisors Are Properly Trained Supervisors are often an employee’s first point of contact as well as the company’s eyes and ears.
This update will drastically impact how businesses classify employees and calculate wages. This update will drastically impact how businesses classify employees and calculate wages. Enacted in 1938, the FLSA aimed to improve working conditions and ensure fair wages for American workers. What Constitutes Hours Worked?
Absenteeism can be a major concern for many employers and HR. The annual costs related to lost productivity are in the region of $84 billion. Habitual absence also places a burden on the rest of the team. An attendance policy can help reduce costs by over $7.9 million per year for a company with 5,000 hourly employees. workforce is quiet quitting.
The IRS requires employers to track various employee details, including work status (full-time or part-time), hours worked, wages, and the health insurance coverage offered to each employee. The term “full-time employee” is defined as someone working 30 or more hours per week, or 130 hours in a calendar month.
The Fair Labor Standards Act (FLSA) sets minimum wage and overtime requirements for most U.S. The Fair Labor Standards Act (FLSA) sets minimum wage and overtime requirements for most U.S. Under the current FLSA rules, many salaried workers are exempt from overtime pay, even if they work more than 40 hours a week.
Employee Breaks: Ensuring You’re Compliant with Labor Regulations December 14th, 2023 Share on Facebook Share on Facebook Share on LinkedIn Share on LinkedIn On August 30, 2023, the US Department of Labor (DOL) finally released their long-awaited proposal for updating the FLSA.
Supreme Court Ruling, and Potential Changes to the FLSA December 19th, 2023 Share on Facebook Share on Facebook Share on LinkedIn Share on LinkedIn On August 30, 2023, the US Department of Labor (DOL) finally released their long-awaited proposal for updating the FLSA. A Brief Look at the FLSA Today, a Significant U.S.
Preparing for Upcoming FLSA Changes: Ensuring Compliance with White-Collar Exemptions December 21st, 2023 Share on Facebook Share on Facebook Share on LinkedIn Share on LinkedIn On August 30, 2023, the US Department of Labor (DOL) finally released their long-awaited proposal for updating the FLSA.
On August 30, 2023, the US Department of Labor (DOL) finally released their long-awaited proposal for updating the FLSA. Unless otherwise exempt, the FLSA ensures that employees are paid time and a half whenever working more than 40 hours in a work week. As such, this article will cover the following: What is the FLSA?
Misclassifying workers as independent contractors can lead to serious penalties, including back pay for minimum wage and overtime. Independent Contractor Status: Shifting Sands Under the FLSA January 16th, 2024 Share on Facebook Share on Facebook Share on LinkedIn Share on LinkedIn Get ready for a change in the tide, gig economy!
Attracting the best talent and holding onto the existing top performers means the company will need to have an attractive compensation package within its staff retention and hiring plan. Therefore, it is essential to have a well-structured and competitive compensation package for your employees to attract, retain, and motivate top talent.
If you’ve recently finished up your payroll for the end of 2020, you may want to think about adjustments due to minimum wage law updates in 2021. Even if you don’t plan to provide many opportunities for overtime, it’s common to include overtime policies in your employee handbook for reference. million workers eligible for overtime pay.
Further, if unequal pay is discovered, organizations may not equalize it by reducing either sex’s wages. Quick look: If it feels like HR laws and regulations are constantly changing, it’s because they are. Employers consistently face challenges that can have significant impacts on their organizations.
A Glassdoor 2023 survey found that, based on the sentiment of over 1,100 U.S. Definition and purpose The options of Employee Benefits add to the regular compensation package that employees receive and are part of non-wage compensations given out to employees. adults, job seekers indeed value benefits while considering opportunities.
In 2023, Forbes data shows that 12.7% The days of 9-5, on-site officing may not be obsolete, but they’re certainly no longer the only way organizations are getting work done. of full-time employees work from home and 28.2% work a hybrid model, with those numbers predicted to rise. What is flexible work? Get a sample policy in this free guide.
While salary and wages are important, they are only one part of the equation when it comes to attracting and retaining talented employees. Employee benefits are non-wage compensation provided by employers to their employees in addition to their regular salary or wages. What are employee benefits?
60 Seconds of Background The FLSA requires employers to pay employees overtime for all hours worked over 40 in a single workweek. 60 Seconds of Background The FLSA requires employers to pay employees overtime for all hours worked over 40 in a single workweek. to compute the overtime rate. DOL last raised these thresholds in 2019.
Finding and retaining top talent is more complex than ever in 2023, and as LinkedIn’s most recent Workplace Learning Report discovered – 93% of companies have growing concerns over employee retention. Read on to learn how you can satisfy the needs of modern employees without bankrupting your business in the process.
Roberts points out that some costumes can be incredibly elaborate, sporting long trains that can create tripping hazards. Another component of holiday parties that employers should be aware of is wage and hour issues. Halloween Parties. However, Halloween parties in particular can create problems in the workplace, Roberts says.
Op-Ed: HR Tech 2023: A Lesson in Learning from Each Other heather.vanhou… Tue, 10/31/2023 - 11:42 Main Image Background Color Teal Body HR Technology Conference and Expo is known as the largest HR reunion and knowledge-sharing event—this year was no exception. Five key themes from HR Technology Conference and Expo 2023 1.
Recently, two California Court of Appeal cases presented the same issue — if a lawsuit contains not only a sexual harassment claim but also additional claims such as wage and hour violations, does the EFAA prevent mandatory arbitration of all claims? The hotel appealed.
With 2023 in full swing, many employers are reviewing and updating employee handbooks and policies. Effective January 1, 2023, California requires employers to provide eligible employees with up to five days of leave upon the death of family member. What are the requirements of California’s new bereavement leave law?
On October 26, 2023, the NLRB continued this cycle of change, issuing a final rule that establishes a broad joint-employer test that will make more entities joint employers of workers than previous tests. Each board member has a five-year term with the terms offset so that one member terms out each year.
” Folks, it’s only January 6, and this will be the most significant employment law news of 2023. ” Folks, it’s only January 6, and this will be the most significant employment law news of 2023. on Monday, January 9, 2023 , at 1 pm ET. This is MINDBLOWINGLY HUGE!” We know; hold my drink.
The FLSA and Child Labor Regulations: The Department of Labor Steps Up Its Focus on Child Labor Violations December 7th, 2023 Share on Facebook Share on Facebook Share on LinkedIn Share on LinkedIn On August 30, 2023, the US Department of Labor (DOL) finally released their long-awaited proposal for updating the FLSA.
Federal workplace protections for pregnant workers and nursing mothers; the continued evolution of paid leave laws; a new salary history ban, and increased minimum wage requirements are some of the changes in state and federal laws that employers will see in 2023. Federal laws on pregnancy accommodation and workplace lactation.
Keep reading to dive into the details and laws surrounding holiday pay, what other businesses typically offer, best practices on developing your policy, and how a PEO can help business leaders enjoy their days off instead of worrying about payroll and compliance. This overtime is based on the hours worked in a week, not the holiday itself.
August 2023 Legal Updates If you’re an existing ComplianceHR client, you can access these updates and robust links to learn more about each of these changes through the PolicySmart solution. The below list contains August Legal Updates, which have been added to the PolicySmart solution in the last month.
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