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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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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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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. For example, the employee would earn the same weekly salary whether they worked 35 or 40 hours.

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Are you properly managing your hourly workers during COVID?

Business Management Daily

But employers that remember the cardinal Fair Labor Standards Act ( FLSA ) rule – pay for all time worked – will fare best. In addition, They also receive overtime at time-and-a-half for hours in excess of 40 per workweek. In addition, They also receive overtime at time-and-a-half for hours in excess of 40 per workweek.

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Telework and time tracking: Legal do’s and don’ts

Business Management Daily

For employers, the biggest challenge is complying with the Fair Labor Standards Act ( FLSA ). Even so, most employees commuted to an office, retail location or other physical location. Employers who could adjust did – by immediately converting employees into temporary telecommuters. Telework is here to stay.