Want to attract and retain workers? Who doesn't? Consider free meals. Company-paid lunches are a major perk that's hard to pass up, especially if you're a millennial. USA Today reported that providing free food to your employees can result in a 67% job satisfaction rate. Let's...
More than ever, as rising inflation chips away at disposable income, a pay raise can help plug the gap. The 2023 Social Security cost-of-living adjustment is 8.7%. When times are tough, some extra dollars can remind employees that management has not forgotten them. A raise versus...
According to a 2022 Mercer survey, only 10% of employers offer lifestyle savings accounts, or LSAs. But a massive 70% say they are considering including LSAs in their benefits packages. What, exactly, are LSAs? A lifestyle savings account is an employer-funded benefit designed to help employees make...
Approximately 3 million temporary and contract workers are hired each year in the U.S., and managers have long relied on temps to keep their businesses humming. How can they make the most of this layer of cover and support? Temps keep the machine oiled and running ...
The importance of health and wellness in the workplace is indisputable. In a 2021 survey, 79% of employees said their employer's well-being programs helped them become as productive as possible. Additionally, 79% said these programs helped them avoid getting sick. Wellness/well-being programs often provide noncash benefits, such...
Because small businesses often have limited assets, it's vital that they prioritize their human resource objectives. Staffing, budgeting, legal compliance and outsourcing are top HR & payroll goals to consider. Staffing To save money, some small employers add HR tasks to the workload of employees who...
The male-female pay gap is persistent. Women earn only 83 cents for every dollar a man makes. The National Committee on Pay Equity launched Equal Pay Day to illustrate this gap. In 2023, this day falls on Tuesday, March 14, 2023. This represents how long women...
When you hire someone to work for you, the worker will likely be considered either an employee or an independent contractor. Usually, you will decide whether you want to onboard an employee or simply hire a contractor prior to advertising for the available position. That...
Affirming an en banc decision of the U.S. Court of Appeals for the Fifth Circuit, the U.S. Supreme Court has held that an employer’s day rate pay structure did not satisfy the “salary basis” component of the “white collar” executive exemption under the Fair Labor Standards Act...
Almost sixty years after President John F. Kennedy signed the Equal Pay Act of 1963 banning pay discrimination based on sex, the gender pay gap still exists. Women earn only 83 cents for each dollar a man makes, losing around $417,400 over a 40-year, full-time career...