The Human Resources Roundup
Stay up-to-date on human resources news and legal updates, plus gain valuable tools and insights to develop your business by growing your people.
Popular Management Posts
Lower Pay Raises Incoming for 2025
Employers in the U.S. are planning lower pay raises for 2025 due to cooling inflation and job markets, according to new reports. In 2024, roughly 47% of organizations reduced salary budgets compared to 2023, with the overall median pay raise dropping to 4.1%. For 2025, projections show a further dip to 3.9-4% in salary increase budgets.
New Final Rule by Department of Labor Raises Salary Threshold for Exempt Employees
The Department of Labor (DOL) has recently issued a final rule that significantly raises the salary threshold for exempt employees. This update has far-reaching implications for businesses across various industries.
Employer Initiatives: Addressing the Child Care Crisis
The expiration of pandemic-era federal aid to child care centers, coupled with the return of remote workers to offices, has exacerbated child care struggles for many parents. This situation has led to significant stress and challenges for working parents, jeopardizing their ability to balance work and family responsibilities effectively. Ultimately, these chalenges lead to inferior productivity and performance.
Navigating Employee Health Benefits: Understanding Self-Funded, Level-Funded, and Traditional Group Health Plans
In today's competitive job market, offering comprehensive health benefits has become crucial for companies aiming to attract and retain top talent. However, navigating the complex landscape of health insurance options can be daunting.
Minimum Wage Increases in 22 States on January 1, 2024
Millions of workers across 22 states will see a pay raise starting January 1, 2024 as minimum wage rates increase. Learn more about the impact of these changes and which states are affected.
HR Strategies: Unleashing the Power of Christmas Bonuses for Employee Retention
The holiday season is a time for expressing gratitude and fostering a sense of appreciation among employees. Employers can leverage this opportunity to strengthen employee retention by offering thoughtful gifts or bonuses that demonstrate their value for their workforce's contributions.
Worker Compensation Growth Outpaces Expectations in Q3: What Employers Need to Do
Worker compensation grew more than expected in the third quarter of 2023, according to the Employment Cost Index (ECI) released by the Bureau of Labor Statistics (BLS). This indicates that employers remain competitive with pay in order to attract and retain top talent.
The Impact of AI Negotiations on Writers and Human Resources: A Historic Precedent
The writer’s strike may be over, but the precedent and its impact for many human resources departments has only just begin in this new era of A.I.
Writers are rejoicing the new agreement, and HR departments everywhere should be taking notice.
‘Independence’ as a benefit
In today's competitive job market, employees are looking for more than just a good salary and benefits. They also want a flexible work schedule that allows them to balance their work and personal lives.
As an employer, offering flexible work schedules can be a great way to attract and retain top talent.
Severance package best practices
Severance packages are not mandatory in most cases, and employers have a lot of discretion in deciding whether to offer them and how much to offer. Therefore, it is important for business owners to follow some best practices when giving an employee a severance package, to ensure fairness, compliance, and goodwill.
One noteworthy trend has taken shape with employee benefits becoming a more prominent selling point in job advertisements. Recent analysis by Indeed.com reveals an impressive rise in mentions of perks, soaring by over 50%, on the employment platform.