McDonald’s employees not exactly “loving” planned benefit and wage increases

Compensation Today

Crystal Spraggins, SPHR Last week, McDonald’s announced it will increase benefits and raise wages for 1,500 employees in its company-owned stores. Nearly 90,0000 workers will receive paid time off, educational assistance, and an additional $1 an hour over the federal minimum. We know that a motivated workforce leads to better customer service so we believe this initial step not only benefits our employees, it will improve the McDonald’s restaurant experience.”

How to Calculate Your Salary Requirements?

Career Metis

Most job seekers struggle with salary requirements or the “minimum salary” they need to earn. Calculating the salary, you deserve can be difficult, especially if you do not have an idea of what you need to meet all your expenses. For 2021, the social security tax rate is 12.4%

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

What is a total compensation statement & how does it provide value?

Genesis HR Solutions

Though your benefits package may be quite substantial, your employees may not know or understand the real value of the benefits you offer. And they may continue to remain unaware of the “hidden” benefits they are receiving even as healthcare costs rise, and you, the employer, absorb the increases. In an effort to show employees the true value of their compensation, benefits factored in, many employers are providing total compensation statements.

A Full Guide to Compensation and Benefits

Digital HR Tech

Compensation and benefits refer to the benefits a firm provides to its employees in exchange for their labor. When you receive a job offer, the first thing you look at is the salary. Whether the recruiter lists the wage as an hourly, weekly, monthly, or hourly rate, candidates see it as the most critical part of any job offer. Typically, when employees think about compensation, the salary is what they think of.

How to Create an Equitable Compensation Program

Trainual

In America, we have had the unfortunate history of excluding people of color, women, and other minorities from many wealth-generating activities. Today, in 2020, we still have a racial (and gender) wage gap. In 2016, the median wealth of black American households was $17,100.

Conference Twitter Primer #HRtechConf 2018

Advos

Once again using HRmarketer software, we analyzed the #HRTechConf conference website and tweets to come up with the following Conference Twitter Primer — all the information you need to socially prepare for the world’s largest HR technology conference and exposition hall! Bookmark this page and refer to it during the conference if you need someone’s Twitter ID. The Basics. Location: The Venetian®, Las Vegas. The best is yet to come!