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Conference Board Announces CEOs Plan to Increase Wages by a Minimum of 3%

HR Digest

Businesses have been aiming to draw and keep employees by raising hourly wages relative to inflation by 0.3% During a Thursday second-quarter earnings call, Hermanns stated that wages are still being pushed higher due to a lack of available workers. growth in average union wages that resulted from recent labor negotiations.

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Employee Cost: How to Calculate the Cost of an Employee?

HR Lineup

Overtime Pay: Compensation for hours worked beyond regular working hours, often paid at a premium rate. Benefits: These encompass various perks and protections offered to employees, including health insurance , retirement plans, paid time off, and other fringe benefits.

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Expert’s Top Tips for Training a Retail Workforce for the Holiday Season

SumTotal

In such a competitive market, some industry insiders are predicting wages to increase by as much as 54%, with additional enticements like employee discounts and special shopping days added to entice new hires further. For employers, this volume of new workers presents significant hiring, onboarding and training challenges.

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Guide to Hiring Employees in the Bahamas

Recruiters Lineup

Employers should be aware of the specific requirements for drafting contracts, including provisions related to working hours, wages, leave entitlements, and termination procedures. Minimum Wage and Compensation: Bahamian employment laws dictate the minimum wage rates, which are crucial considerations during the hiring process.

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5 Strategies for Supporting Senior Care Workers

Payactiv

The prevalence of cancer, diabetes, and other chronic diseases, as well as a considerable rise in the geriatric population, is increasing the demand for senior care services. In addition, many of these workers earn near-poverty-level wages. an hour and a $3,000 signing bonus, depending on location and shift.

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Guide to Hiring Employees in Ukraine

Recruiters Lineup

These contracts must be in writing and include essential details such as job responsibilities, working hours, salary, and terms of employment. Working Hours and Overtime: Ukrainian labor legislation establishes standard working hours and regulates overtime.

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The Delicate Art of Choosing Part-Time vs. Full-Time Workers

Homebase

While there’s no concrete definition of part-time work in the US, what separates part-time work from full-time work largely comes down to the number of working hours. US Bureau of Labor Statistics (BLS) : “Full-time workers are those who usually work 35 or more hours per week. What is considered a part-time job?