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What you need to include in a small business employee handbook

Business Management Daily

Exempt employees must meet specific criteria set by the Federal Labor Standards Act in order to be exempt from overtime wages. Nonexempt employees are entitled to overtime pay if they work over 40 hours in a workweek. Include information on overtime pay as well as meal and rest periods.

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Best Employee Leave Management Software System for Your Small Business

Qandle

Top-notch automations and PTO customizable rules are standard across all of the LMS software we reviewed. Retroactively requesting leaves and setting leave intervals utilize expired leaves first. Customizations : Create your own leave kinds, including overtime (TOIL). We gave Timetastic a 4.15 out of 5 stars.

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The best HR metrics to track

Higginbotham

Understanding HR metrics allows your HR team to utilize all the tools available to them to implement innovative solutions like HR self-service tickets. Absence rate: Average number of days employees are absent within a given period, not including paid time off (PTO). Employee Value and Performance Metrics.

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Dry promotions: Definition, considerations, and guidelines for employers

Business Management Daily

The downsides of dry promotions Dry promotions may seem like a solid way to save money and better utilize your existing staff, but they usually come at a cost. Can you provide more PTO and an improved work-life balance? That cost is typically decreased employee engagement and increased employee turnover.

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2023 Trends to watch in HR & Business

Business Management Daily

In a similar vein, employers in 2023 may look to utilize team members in new or expanded capacities. Many have no intentions of going back to long commutes, undesired overtime, missing dinner with the family, and a lack of time for self-care. Employers will make better use of existing staff.

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10 reasons why so many people are quitting their jobs

Business Management Daily

workers at places that have not shown sufficient commitment to employee well-being may decide their interests are better served by, say, a company that offers more PTO (paid time off). Being under- or over-utilized. The pandemic heightened interest in good health care coverage, especially in terms of mental health. Personal changes.

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Top 10 Project Time Tracking Tools for Your Small Business

Empuls

  The progress made by teams was clearly visible to clients, and the report feedback was easily utilized to meet client expectations and deliver on time.  The implementation of the PTO policy ensures a satisfactory employee experience. The tool can track regular and overtime hours.