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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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How You can Solve the Nursing Shortage

Precheck

At the same time, many experienced registered nurses who are part of the boomer generation are retiring, further exacerbating the shortage. As older nurses reach retirement age, there are not enough new nurses entering the profession to fill these vacancies. How You can Solve the Nursing Shortage Jul.

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How To Solve the Nursing Shortage

Precheck

At the same time, many experienced registered nurses who are part of the boomer generation are retiring, further exacerbating the shortage. As older nurses reach retirement age, there are not enough new nurses entering the profession to fill these vacancies. Get Email Updates How To Solve the Nursing Shortage Jul.

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Are Pandemic Hiring Practices Contributing to Churn?

Hospital Recruiting

At the peak of the COVID-19 pandemic, travel doctors and nurses were paid premium wages to temporarily work at facilities in need. For the existing staff, the help was welcome, but wages were contentious. In 2021 reports showed 30% of healthcare workers either quit their jobs or were laid off. Mass exodus. Staunch the bleeding

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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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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?

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Features to Help Support Wage and Hour Compliance Efforts When Adding Flex Work Options

nettime solutions

There may also a be wage and hour compliance concerns to keep in mind. Managing wage and hour compliance issues can be a daunting challenge. Things to consider include: Making sure remote workers accurately record the hours they work. How do you handle meals, breaks, and actual work hours for remote employees?