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New Overtime Rules 2024: What Employers Need to Know

HR Lineup

As 2024 unfolds, employers across various industries are grappling with new overtime regulations that significantly impact their operations and labor costs. Department of Labor (DOL), aim to adjust the salary threshold for overtime eligibility. Key Changes in the 2024 Overtime Rules The 2024 overtime rules, introduced by the U.S.

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Crafting Joy for Workers, Hobby Lobby Announces a Wage Hike

HR Digest

The arts and crafts supply store recently announced that it has increased the starting wages for its employees again, making this the thirteenth increment since 2009. Hobby Lobby’s 2024 pay hike went into effect on October 1, 2024, so employees who apply to the company now should be able to benefit from the change.

401(k) 96
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Why you should identify your employees’ intrinsic and extrinsic motivators

Achievers

Tangible rewards are most common in the form of financial incentives, such as salary or bonuses, while recognition, praise, and promotion are examples of intangible rewards. Financial rewards and bonuses can help employees feel valued for the work they do and are effective in driving short-term goals and performance.

Salary 226
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NEW LP - Employee benefits and rewards. Make an impact. See a return. - Cloned

Sodexo Engage

NEW LP - Employee benefits and rewards. Cloned mariana.nunes Tue, 10/22/2024 - 17:21 Employee benefits and rewards Make an impact. Boost Productivity, Engagement and Retention with a wide range of employee benefits. Employee Discounts Platform: Instant discounts (up to 20%) on essentials, treats, holidays, and more.

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Employee Service Award Programs: A Guide (2024)

Empuls

These awards aim to appreciate and honor the commitment and contributions of employees over time.      According to the Bureau of Labor Statistics , employees aged 25 to 34 years have an average tenure of 2.8 years, while the average tenure of a salaried employee is 4.2

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How to combine employee retention bonuses with recognition for maximum impact

Achievers

Did you know that for entry-level positions, turnover costs range from 30% to 50% of the employees annual salary ? How are employee retention bonuses calculated? Employee retention bonuses are typically 1025% of an employees base salary.

Bonuses 227
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The significance of women’s health is increasingly acknowledged in the modern workplace

Workplace Insight

Women, on average, outlive men but, as reported by the World Economic Forum ( WEF , 2024), spend approximately 25 percent of their lives in poor health. Firms should also provide salary sacrifice schemes to help women set aside pre-tax salary to support their health and wellbeing. Shared parental leave is also a must.