Trusaic

MAY 9, 2024

The current salary threshold for overtime is $35,568, which means employers will need to move swiftly in updating compensation plans. 1 update is based on a new methodology that is being implemented, which also applies to the threshold for highly compensated employees. Adjust systems and procedures as needed.

Hiring Software 130

Hiring Software Planning Tools Recruiting Software Wage and Hour Training 130

HR Brew

JANUARY 23, 2024

McDonald’s has set ambitious business goals for the next three years, with plans to open almost 10,000 additional restaurants globally by 2027 and drive an additional $25 billion in sales from its loyalty program, up from around $20 billion currently. 7, the day after McDonald’s announced this expansion. People goals ?business

HR Software 150

HR Software Planning Tools Succession Planning Compensation 150

Immedis

SEPTEMBER 16, 2021

It is expected that more than 50% of the workforce will be involved in the gig economy by 2027. Professional services make up the smallest area of the gig economy, with transportation services like Uber and Lyft and asset sharing platforms like Airbnb the largest. million Americans (24%) plan to start one.

HR Software 90

HR Software Hiring Software Payroll Planning Tools 90

Extensis

JUNE 6, 2024

As a result, charter and independent schools must evaluate their pay strategies to meet industry standards, preserve fair compensation among staff members, and maintain compliance with the ruling. Under the new rule, the total yearly compensation rate to be considered a HCE will rise to $132,964 by July 1, 2024.

Wage and Hour Training 104

Wage and Hour Training HR Software Assessment Software Planning Tools 104

Workable

DECEMBER 22, 2021

To understand all of it, we asked SMB employers what their biggest lessons of 2021 were and what their plans are going into 2022. And we’re sharing their top insights with you to support your own endeavors to plan for what’s hopefully a more stabilized 2022 – or at least, give you the wisdom to help you navigate the ongoing stormy seas.

Planning Tools 157

Planning Tools Hiring Software Video Recruiting HR Planning 157

Extensis

JANUARY 4, 2024

Embracing HR technology The latest technological tools aren’t just fun and novel—they’re increasingly necessary for businesses to stay afloat. Additionally, it’s estimated that by 2027, 50% of skill sets for jobs will have changed , highlighting the need to prioritize continuous learning.

HR Trends 105

HR Trends HR Planning HR Software Trends 105

Compensation Today

NOVEMBER 17, 2016

In 2027, both life and compensation could be very uncomplicated. In this future, a bionic person fetches your coffee, your car drives you around, and your compensation plan is both automated and powered by perfectly precise data. Help us make the future of compensation uncomplicated by taking the CBPR 2017 survey now.

Compensation 40

Compensation Planning Tools Survey HR Software 40

Peoplebox

MAY 4, 2024

Equal pay for equal work means employees performing similar tasks receive comparable compensation regardless of gender. The first public report on pay disparities due by June 7 2027 will require data from 2026. This timeline gives organisations just two compensation cycles to make adjustments.

HR Software 52

HR Software Assessment Software Recruiting Software Interview Software 52

Peoplebox

MAY 4, 2024

Equal pay for equal work means employees performing similar tasks receive comparable compensation, regardless of gender. The first public report on pay disparities, due by June 7, 2027, will require data from 2026. This timeline gives organisations just two compensation cycles to make adjustments.

HR Software 52

HR Software Assessment Software Recruiting Software Interview Software 52

Extensis

JULY 14, 2022

through 2027. If a company has a low offer acceptance rate, this could mean there are issues with compensation, job title, employee benefits, or other factors that would cause a candidate to decline an offer. A high absence rate could mean there are issues with company culture, compensation, and employee satisfaction.

Metrics 98

Metrics HR Planning HR Software Hiring Software 98

Extensis

JUNE 14, 2024

The rule also raises the minimum total compensation requirement. Currently, highly compensated employees (HCEs) with a total annual salary of $107,432 or higher are deemed exempt from overtime. Under the new rule, the total yearly compensation rate will rise to $132,964 by July 1, 2024.

Wage and Hour Training 52

Wage and Hour Training Assessment Software HR Software Recruiting Software 52

Extensis

JUNE 14, 2024

The rule also raises the minimum total compensation requirement. Currently, highly compensated employees (HCEs) with a total annual salary of $107,432 or higher are deemed exempt from overtime. Under the new rule, the total yearly compensation rate will rise to $132,964 by July 1, 2024.

Wage and Hour Training 52

Wage and Hour Training Assessment Software HR Software Recruiting Software 52

The Talent Guide

APRIL 24, 2024

With changing technologies and an aging workforce, it is estimated that 63,000 vacancies will need to be filled across the industry by 2027. The sector, traditionally slow to adapt to digital technologies, is now at a turning point. One crucial area that could have a profound effect is diversity.

Industry 52

Industry 10KC Talent Experience Groups 52

Extensis

JANUARY 4, 2024

Embracing HR technology The latest technological tools aren’t just fun and novel—they’re increasingly necessary for businesses to stay afloat. Additionally, it’s estimated that by 2027, 50% of skill sets for jobs will have changed , highlighting the need to prioritize continuous learning.

HR Trends 52

HR Trends HR Planning HR Software Trends 52

Zenefits

FEBRUARY 11, 2022

In the United States alone, freelancers will likely make up 50% of the workforce by 2027. In addition, organizations enjoy the cost-savings of hiring a professional without needing to budget for benefits, business expenses, or workers’ compensation. Is the worker eligible for benefits such as insurance and pension plans?

Policies 68

Policies Hiring Software Onboarding Software HR Software 68

Guideline

MARCH 7, 2023

is an update to a law passed in 2019 designed to help improve America’s retirement system. The Act contains 90 provisions that aim to make it easier for businesses to offer retirement plans and lessen the burden of managing them. SECURE 2.0 But SECURE 2.0 There’s a lot of complexity when it comes to SECURE 2.0.

Retirement 52

Retirement Planning Tools Compensation Groups 52

Zenefits

JULY 17, 2022

In 2026 and 2027, the maximum weekly benefit will be $900. In 2026 and 2027, the maximum weekly benefit will be $900. Whether medical and family leave benefits are available through the state or an employer’s private plan. Employer offers same or better plan. What are the healthcare benefits employers must maintain?

Hiring Software 36

Hiring Software Guidelines Onboarding Software Planning Tools 36

ClearCompany HRM

MARCH 13, 2025

Employee compensation is one of the biggest line items in your business budget but is your strategy keeping up with todays demands? Compensation planning used to prioritize titles and tenure, but modern strategies are about much more than just the paycheck. But getting compensation right is critical. cities and states.

ClearCompany 243

ClearCompany HR Software Compensation Recruiting Software 243

Visier

JULY 17, 2019

The average tenure of companies on the S&P 500 is projected to shrink to just 12 years by 2027 (it was 24 years in 2016). . Furthermore, the process that supports allocating people to teams (headcount planning) does not take into consideration important details about team formation, turnover trends, or projected employee movement.

Analytics 227

Analytics Planning Tools HR Software Assessment Software 227

HRExecutive

JANUARY 24, 2025

And the clock is ticking: The upcoming 2025 compensation cycle will be the last merit cycle to make pay adjustments that will be baked into public pay gap reports filed in 2027, as those reports will be based on 2026 compensation data. The majority of the obligations affect employers with even a single employee in the EU.

HR Software 107

HR Software Compensation Onboarding Software Assessment Software 107

Zenefits

JULY 9, 2022

The report by OpenComp, a provider of compensation benchmarking tools for startups, offers some answers. According to the research, the need for access to compensation data — the report’s top barrier to closing the wage gap — is critical to achieving wage parity. Using compensation data. Unvetted platforms.

Wage and Hour Training 36

Wage and Hour Training Onboarding Software Background screening Staffing Software 36

Prism HR

FEBRUARY 17, 2025

The measure would have boosted the minimum wage to $15 per hour by 2027 and upped paid sick-leave time to 72 hours a year for a company with 10 people or more and offered 40 hours of paid sick time and 32 hours of unpaid sick time for employees at smaller companies.

Wage and Hour Training 59

Wage and Hour Training HR Software Compliance Payroll 59

Trusaic

AUGUST 13, 2024

Achieve Authentic Pay Equity With Software Further, Greek employers should proactively evaluate their current pay practices and overall compensation philosophy. Companies can leverage pay equity software solutions to expedite reviews of existing pay practices and determine causes of pay disparities.

Assessment Software 130

Assessment Software Planning Tools Recruiting Software HR Software 130

Astron Solutions

AUGUST 23, 2022

In this part one of a three-part review of 2023 compensation planning projections, we will share what we have found. The following is the most up to date outlook from the experts that ultimately will have an influence on compensation budgeting for 2023. In fact, it appears that this industry will remain flat until 2027.

Compensation 52

Compensation Wage and Hour Training Planning Tools HR Software 52

Ongig

DECEMBER 19, 2024

Another 47% said their companies have increased their adoption of AI, while 46 % have increased their use of employee tracking software. In terms of physical changes, 69% of employers have made upgrades, ranging from hiring IT staff (28%) to upgrading meeting technology (24%) and expanding collaboration/meeting spaces (16%).

HR Software 52

HR Software Hiring Software Onboarding Software Recruiting Software 52

Great Place to Work

JULY 1, 2021

And a Business of Sustainability study by PDI Technologies found that 78% of consumers want to buy from environmentally-friendly companies — but don’t know how to identify them. ESG also impacts employee behavior. Our own research has reported similar results. As of its 2022 report, it has achieved 47% progress towards this target.

10KC 52

10KC Talent Experience Assessment Software Hiring Software 52

HR Digest

MAY 20, 2025

The latest Pratt & Whitney strike update comes to us from Reuters , as the platform received confirmation of the continuation of negotiations from both the union and the company. Despite the novel strategy, this is a temporary solution and likely one that cannot sustain production in case of a prolonged strike.

Assessment Software 59

Assessment Software Planning Tools Retirement HR Software 59

Engagedly

SEPTEMBER 15, 2024

It can uncover hidden issues related to the work environment, compensation, management practices, career growth, and other concerns. Technology: 8.2% Inadequate Compensation Too little pay and poor benefits are significant factors that fuel voluntary staff turnover. Wholesale/Retail: 24.9% Hospitals: 20.7%

Retention and Turnover 52

Retention and Turnover HR Software Hiring Software HR Planning 52

Linkedin Talent Blog

AUGUST 13, 2023

Plan and budget for these projects as part of your recruiting strategy. Use social media Take advantage of employer branding opportunities on LinkedIn and other social media platforms by sharing information that would appeal most to your ideal candidates. The best way to make improvements is to listen to them and adjust accordingly.

Employer Branding 49

Employer Branding Video Recruiting Hiring Software 10KC 49

Trusaic

JULY 9, 2024

Employers with operations in the EU should proactively evaluate their current pay practices and overall compensation philosophy. Employers can lean on pay equity software solutions to expedite this process and determine root causes of potential pay disparities. Neither are mandatory.

Hiring Software 233

Hiring Software Planning Tools Interview Software Discrimination 233

Terryberry

JANUARY 16, 2024

Pension Plans: Changes were made to pension plans, with some adjustments and reductions in benefits to address the financial challenges faced by the companies. The UAW negotiated new contracts that, in some cases, included different compensation structures and benefits compared to pre-crisis levels.

Wage and Hour Training 52

Wage and Hour Training Hiring Software Planning Tools Compliance Training 52

Ongig

FEBRUARY 16, 2024

The latest trends in recruiting reflect the ongoing changes in society, the current state of the labor market, and emerging technological advances. And they plan to continue using AI in 2024 to make their work easier. For instance, AI tools can help create a gamified onboarding experience.

AI Recruiting 59

AI Recruiting Video Recruiting Recruiting Software Hiring Software 59