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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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Top 6 Buddy Punch alternatives and competitors (in-depth comparison)

Homebase

However, Buddy Punch is only a three-in-one — not an all-in-one — solution. Settling for its limitations means you could be missing out on additional tools that would help you run your small business more efficiently. One easy app to manage your hourly team. One easy app to manage your hourly team.

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

HR Lineup

Employees are the backbone of any organization, driving its success and growth. To truly understand the financial impact of hiring and retaining employees, organizations need to consider the comprehensive cost of employing them. Overtime Pay: Compensation for hours worked beyond regular working hours, often paid at a premium rate.

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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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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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Shift management: tips, tools, and best practices for your small business

Homebase

You’ve got planning, scheduling , coordinating, happy employees , and if you’re not managing things right, frustrated ones , too. So, how’s a business owner supposed to do it all while keeping employees fully satisfied with their schedules? It’s not just about filling up a spreadsheet and the hours in it.

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How to Motivate Hourly Employees

Fond

Hourly employees make up the majority of the US workforce. A Gallup survey of job satisfaction found that hourly workers were unhappier than their salaried co-workers about just about everything, from their benefits to their pay to their job security. . Hourly employees are the heart of many organizations.