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

HR Digest

For months, American businesses have had difficulty finding and maintaining employees, as the unemployment rate decreased from 3.6% Businesses have been aiming to draw and keep employees by raising hourly wages relative to inflation by 0.3% growth in average union wages that resulted from recent labor negotiations.

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Employee Wellness Benefits for Your Quick Service Restaurant Workers

Payactiv

Employers need to craft an employee benefits package that will catch the eye of hard-to-find QSR workers. Let’s take a moment to explore the QSR staffing crisis in more detail: In 2022, only 54% of quick service restaurant employees reached 90 days of working before quitting. hours per week.

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Two in five employees are working extra hours as cost-of-living crisis bites

cipHR

New research suggests that the continuing cost-of-living crisis is now affecting a greater proportion of employees, with more people working extra hours, more struggling to buy food or pay their bills, and fewer being able to afford to take sick days, compared to mid-2022.

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How to reduce labor costs in a restaurant

Homebase

And as minimum wage creeps higher and higher, it has us wondering: how to reduce labor costs in a restaurant. Let’s learn how to calculate and how to reduce labor cost in a restaurant, the factors that may be contributing to increased labor costs—like time theft and unnecessary overtime—and the tools you can use to keep them in check.

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Employee Benefits

Extensis

Comprehensive employee benefits packages are essential for organizations to attract and retain top talent, and they are especially critical for small businesses to compete with larger competitors. What are employee benefits? Why is important to offer employee benefits?

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Types of Employee Benefits: 12 Benefits HR Should Know

Analytics in HR

The types of employee benefits an organization provides carry weight in today’s employment market. Compensation on its own is not enough to engage employees and attract job seekers who now expect more comprehensive rewards for their work. Contents What are employee benefits? Why are employee benefits important?

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Inflation Continues To Have a Negative Impact on Hourly Workers’ Finances

DailyPay

" The poll also revealed that 92% of Gen Z hourly workers associate potential benefits from having access to their earned wages after each shift, such as paying bills on time (48%), being able to afford necessities (46%), saving for the future (42%), or staying out of debt (36%). . "Despite NEW YORK, Sept.