HR Digest

MAY 19, 2021

In 2017, BoA raised its minimum wage to $15 an hour. Two years later, it announced it will pay $20 an hour over the next two years. BoA achieved that goal in 2020 – a year earlier than expected. The world’s biggest online retailer Amazon a pay raise for over 500,000 workers across its fulfilment and transportation sectors.

401(k) 52

401(k) Banking Employment Parental Leave 52

Vantage Circle

OCTOBER 17, 2022

When Sequoia Capital in Silicon Valley dubbed the coronavirus the " Black Swan of 2020 ," it reminded founders and CEOs that "those who survive are not the strongest or the most intelligent, but the most adaptable to change." Since 2020, prioritizing one's health has been on the rise, and for a good reason.

Employee Recognition 98

Employee Recognition Recruitment Pay Raise Employee Loyalty 98

HR Digest

APRIL 25, 2019

“Nonetheless, yesterday’s proposed rule will still have a significant impact on many businesses, as the Department of Labor estimates that more than 1 million employees will have to receive pay raises in 2020 or become eligible for overtime. Small and medium-sized businesses may bear the brunt of that impact.".

Overtime 40

Overtime Employment Salary Pay Raise 40

Empuls

OCTOBER 9, 2023

→ A survey by the Physicians Foundation in 2020 found that 40% of physicians often experienced feelings of burnout. Tangible rewards, such as bonuses or pay raises, can complement non-monetary incentives like public recognition, additional vacation days, or opportunities to attend conferences and seminars.

Healthcare 52

Healthcare Employee Retention Family and Medical Leave Act Hospitality 52

Vantage Circle

MARCH 16, 2018

By 2020, more than 50% of the employees in the workforce will be millennials. Also, almost 80% of employees say they would prefer new benefits – over a pay raise. Worldwide, only 13% of employees working for an organization is engaged. 16% of employees said they felt “connected and engaged” by employers. EmployeeChannel).

Employee Recognition 52

Employee Recognition IT Media Pay Raise 52

Business Management Daily

JULY 17, 2023

drop that occurred between 2019 and 2020. If that’s the case, you’re certainly not alone, as asking for a raise or promotion is undoubtedly nerve-wracking. Even if you don’t wind up landing a new job out of it, you’ve at least made a compelling case to get a pay raise for your extra hard work.

Pay Raise 52

Pay Raise Management Bonuses Employment 52

Vantage Circle

MARCH 16, 2018

By 2020, more than 50% of the employees in the workforce will be millennials. Also, almost 80% of employees say they would prefer new benefits – over a pay raise. Worldwide, only 13% of employees working for an organization is engaged. 16% of employees said they felt “connected and engaged” by employers. EmployeeChannel).

Employee Recognition 40

Employee Recognition IT Media Pay Raise 40