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More than half of American employees feel overworked or burned out, according to the Staples Business Advantage Workplace Index 2016. Send out regular salary surveys to see how your organization stacks up. Make sure your staff uses their PTO and takes time off after busy seasons (such as tax season for accounting firms).
You heard a lot of talk about the FLSA in 2016. The new overtime regulation would have changed overtime eligibility for white collar, salaried workers earning less than $913 a week ($47,476 a year). Employees can check their pay stubs, tax information and PTO balances without involving their manager or HR representative.
In third place: a promised annual salary increase. A Willis Towers Watson report predicted in 2016 that 60 percent of companies could offer pet insurance by this year. Small-business loan lender Lendio , which has been recognized as one of the best employers in Utah, lets salaried employees take off when they need to.
In April 2015, when the story broke about Gravity Payments CEO Dan Price taking a pay cut to raise his staff's salary to $70,000 a year and reward them for their hard work, the internet was divided. Heavily ridiculed, the young CEO stuck to his guns and cut his salary of $1.1 Opinions ranged from disbelief to disdain.
Compensation and Benefits: Compensation Planning : Helps design and manage salary structures, bonuses, and other forms of compensation. Rippling started in 2016 with headquarters in San Francisco, US; ever since, it has experienced significant growth, serving over 2000 customers in 2024 as per the latest reports.
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