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How to strike a balance between managing staff wellbeing and financial pressures

Employee Benefits

Employers need to ensure there is a culture where people can discuss financial concerns. With the cost-of-living crisis enduring, employees from some sectors are likely to be seeking additional hours, usually through taking on overtime. Other employers are providing financial support in different ways.

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UK Power Networks uses total reward statements to boost engagement with benefits

Employee Benefits

The evidence of the impact on engagement, attraction and retention is in the employer’s turnover rate, which is lower than the UK average, proving that it is a worthwhile initiative for it to do each year. The TRS outlines what employee benefits have been on offer for the past 12 months. Offering choice is key,” he concludes.

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Proposed 2015 DOL Overtime Rule Changes: Primary Duty Test

HR Bartender

Department of Labor (DOL) published its proposed changes to the overtime regulations under the Fair Labor Standards Act (FLSA). Under the Act, to be exempt (from overtime), an employee must meet 3 requirements: The employee must be paid a minimum weekly salary; The employee must be paid on a salary rather than on an hourly basis.

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Calculating Overtime When Your Employee Works a Fluctuating Workweek

Patriot Software

You’re likely familiar with the Fair Labor and Standards Act’s (FLSA’s) rules on overtime pay. But when you have employees who work varying schedules, you might be able to calculate overtime using the fluctuating workweek method. Their overtime pay can be calculated using the fluctuating workweek overtime method.

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Joanna Powis and Alison Heaton: Is a four-day week the future of work?

Employee Benefits

Coming out of the pandemic, there has been an increased focus on work-life balance, mental health and wellbeing, and employers’ roles in supporting staff on these fronts. Employers in some industries have also seen a talent war emerge as they find it harder to recruit and retain the best employees.

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Docklands Light Railway employees strike over pay

Employee Benefits

The employees, who had already been carrying out an overtime and rest day working ban in pursuit of an improved pay offer, stated that the strike action is due to Keolis Amey Docklands offering a pay rise that is less than half the rate of the retail price index increase.

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Tesco implements day-one flexible-working rights for staff

Employee Benefits

Retailer Tesco has granted its more than 300,000 employees new flexible-working rights ahead of the government’s Flexible Working Bill which is expected to take effect from spring 2024.

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