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Top 3 Hiring Trends for 2020

Best Money Moves

Top 3 hiring trends for 2020. Employers are ready to pay up to combat the skills shortage in the new year. . Top 3 Hiring Trends for 2020. Their findings identified three major hiring trends for 2020: 1. More on Recruitment and Hiring Trends for 2020. Health and Wellness Benefits Insights for 2020.

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4 Ways to Avoid the Dreaded High-Turnover Rate

Achievers

When a company loses a salaried employee, it can cost anywhere from six to nine months’ worth of the departed employee’s salary to hire a replacement. By 2020, it’s estimated that nearly half of the workforce in the United States will be comprised of millennials. The cost of employee turnover is outrageously high.

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Poundstretcher raises store staff pay by 10%

Employee Benefits

This is the second consecutive year that Poundstretcher has given its employees a 10% pay increase, as last year it implemented the salary hike to reward them for their hard work post-pandemic and for the positive turnaround of its profits following its successful company voluntary arrangement.

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Overpaid CEOs a Huge Red Flag for Company Stability, Shareholder Advocacy Group Says

HR Digest

According to a report by As You Sow , a shareholder advocacy firm, 2021 saw a significant increase in shareholder rejections of CEO pay packages. More than half of shareholders rejected CEO pay packages at 16 companies last year, up from ten in 2020 and seven in 2019.

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Flexible Work is Key to Retention

Kollath CPA

But as noted by the Department of Labor, “Under some [flexible work] policies, employees must work a prescribed number of hours a pay period and be present during a daily ‘core time.'” ” Learn more about why Flexible Work is Key to Retention. Flexible work is a critical component of retention.

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9 Terrific Ways To Increase Employee Engagement For Small Businesses In 2022

Vantage Circle

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.

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Overtime: What Proposed DOL Overtime Exemption Could Mean For Employers?

HR Digest

Raises the salary threshold from $455 per week ($23,660 per year) to $679 per week ($35,308 per year). Raises the total annual compensation required for the highly compensated employee exemption from $100,000 to $147,414. It required employers to pay overtime to salaried employees unless they make: More than $913 per week; or.