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Lampton Group names new group head of people and culture

Employee Benefits

She and the team will lead a number of people-led initiatives that provide employment and skill development opportunities for local residents, such as apprenticeship programmes, supported internships, green-skills training and recruitment open days.

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US workers gain more freedom to change jobs as government bans noncompete agreements

Workplace Insight

The US Federal Trade Commission (FTC) has dealt a blow to restrictive employment practices by issuing a final rule that bans most noncompete agreements nationwide. This means millions of American workers will soon have more freedom to leave their current employers for jobs with competitors or even start their own businesses.

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Britain is no longer a nation of shopkeepers, but it is divided by the work we do

Workplace Insight

But in London, that figure (or employment share) nearly doubles to 76 CEOs for every 10,000 employees (or 0.76 There’s also a high concentration (at least twice the UK average) of newspaper and periodical editors, managers in transport and distribution, production and process engineers, and events managers and organisers.

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Building Trust Through Transparency: The Total Compensation Statement Sample Explained

COMPackage

Incentive Compensation: Any bonuses, commissions, or other performance-based pay. Benefits: A list of all benefits provided by the employer, such as health insurance, retirement plans, paid time off, and life insurance. It typically includes: Base Salary or Wages: The employee’s hourly or annual pay rate.

401(k) 40
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Designing an Effective Total Compensation Report: Sample Templates and Tips

COMPackage

Key Components of a Total Compensation Report A Total Compensation Report (TCR) should provide a clear and concise overview of an employee’s compensation package, including: Direct Pay: This includes the employee’s base salary or wages, as well as any bonuses, commissions, or overtime pay.

401(k) 40
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FLSA status — exempt vs non-exempt, what do employers need to know?

Business Management Daily

Employment classifications can be troubling territory. The FLSA establishes federal minimum wage, overtime pay requirements, employer recordkeeping standards, and youth employment standards affecting employees in the private sector and in Federal, State, and local governments. Exempt workers aren’t entitled to overtime pay.

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How to Differentiate Between Exempt vs Non-exempt Employees?

HR Digest

The distinction is just as critical for employers as placing an employee in the wrong category can lead to legal troubles. The minimum wage can vary every year so employers who hire non-exempt workers need to keep an eye on the minimum wage rates and adjust their own provisions accordingly.