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New Overtime Rules 2024: What Employers Need to Know

HR Lineup

For employees who fall below the threshold, employers have two primary options: Raise Salaries: Employers may choose to increase the salaries of employees to meet the new threshold, thereby maintaining their exempt status. While this can help avoid overtime payments, it may also lead to significant increases in payroll expenses.

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Employee Magnetism: Everything You Need to Know

HR Lineup

HR Systems: Use HR software for efficient management of payroll, benefits, and performance reviews. Learning Management Systems (LMS): Platforms like Udemy for Business and LinkedIn Learning for employee development. Feedback Tools: Tools like SurveyMonkey and Qualtrics for gathering employee feedback. Case Studies 1.

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Illness or Injury: How Your Business Can Protect Your Employees

InterWest Insurance Services

Increased employee loyalty — especially after someone on the payroll has a claim and word gets out that these valuable benefits kicked in. Group disability coverage has advantages for both the employer and the workforce. Tax-deductible premiums. Easy, streamlined administration. List billing.

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Milestone Awards for Employees

Empuls

Improved morale A well-structured milestone program for employees boosts overall morale. Employees feel valued and appreciated, which can lead to a more positive workplace environment. Enhanced loyalty Awarding milestones can significantly enhance employee loyalty.

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68% of employers are considering pay cuts for remote workers, CIPHR survey shows

cipHR

Not only because of the legal and ethical considerations and consequences but the long-term impact on employee loyalty and risk of increased turnover. “If Over half (51%) of organisations surveyed have 250+ employees, a third (37%) have 51 to 249 employees, and one in ten (12%) have 26 to 50 employees.

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67% of UK employees will keep wearing masks at work, CIPHR research shows

cipHR

Even if remote or hybrid working isn’t a practical option, employees’ loyalty can be easily lost by a failure to communicate, especially following a period where employers have had to call on a huge amount of goodwill from their workforce during incredibly challenging times. David Richter, director of marketing at CIPHR.

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Choosing the best workplace pension for your business

Employee Benefits

More complex aspects like varying tax relief methods and payroll integration will be covered later. It’s essential to account for your employees’ needs and what suits your business best. Some pension providers only accept companies with a certain employee count or income level. Is it user-friendly?

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