Lawmakers made changes in Washington D.C. effective July 1st that may affect your business. First, minimum wage in D.C. increased due to the Fair Shot Minimum Wage Amendment Act of 2016. Additionally, the DC Office of Paid Family Leave (OPFL) made changes to the program. Here’s what you need to know:
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Independence can be a scary word for an employer. Employers may think that independence means that you must give up control. This can cause discomfort because employers are placing the company’s growth in someone else’s hands. Although letting go can be a daunting task, this can really help your business. Independence can be a great asset to your company, bringing creativity and revenue. When you give your employees the freedom and ability to do things in their own way, they will grow creatively and will feel the empowerment they need to move forward. Here’s how you can give employees independence without losing control of your business:
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We have written about time off and holiday leave a lot on this blog. With the 4th of July upon us, we thought it would be beneficial to create a holiday guide just for you. When holidays come around, employers may wonder how to handle various situations that may come up between their company and their employees. Are you following the law? Are you doing what other businesses are doing? Since the Fair Labor standards Act doesn’t require an employer to pay for any vacation or holidays, you may be left wondering not just what to do, but what you should do.
Employees and employers typically establish holiday benefits in an agreement. This is usually in the form of an employee handbook. This means that employers have flexibility to design a PTO policy that works best for the company, but it also leaves many questions unanswered. We hope you find the articles below helpful and informative.
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As an employer, it’s incredibly important to ensure that you are paying your employees at least minimum wage. The federal law sets the base wage for all workers in the United States, but minimum wage can change on a city and state level. California, for instance, varies minimum wage all across the state. California Lawmakers changed the minimum wage for many counties and cities on January 1st of this year, but there was another increase effective July 1st, 2019. This change affects large employers (26 or more employees) and small employers (25 employees or fewer). Below you will see a summary of counties and cities making changes to minimum wage. We encourage you to speak with your local labor board to ensure that you are familiar with your city’s changes.
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Working remote is becoming popular in the US, a trend that grows daily. Approximately 4 million US employees (about 3%) work from home at least half of the week. With an estimated 168% increase of remote employees within the next 10 years, companies everywhere will need to prepare. Although convenient for many, working remotely can come with many distractions for employees. Employers may also find it harder than expected to manage their remote employees. Remote workers must be able to organize and discipline themselves when outside the office. Those unable to adjust can miss deadlines, stress themselves out, and provide poor quality of work. Here are some tips to share with your employees about working remotely to help them stay on task and get the most out of their work day:
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If you aren’t formally training your staff, you’re not alone. 31% of companies do not formally train their employees. If you are part of that group, you may want to consider implementing a program or plan soon. Training your employees properly is one of the most important things you can do at the workplace. It can improve finances, strengthen employee happiness, improve knowledge among staff, lessen weaknesses that you may have as a company, expand the basic knowledge for all employees, and intensify productivity.
Not only can you expand knowledge and productivity, but you can also use training as a retention and recruitment tool. A study by Udemy showed that 70% of employees agree that training could help them learn to focus and manage their time better. A study by Udemy also found that 51% of employees would be more likely to quit their jobs if they didn’t have proper training. Employees want to be trained and take it very seriously.
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Employee retention is something that many businesses struggle with, and higher turnover rates come along with that. According to the Bureau of Labor Statistics latest Job Openings and Labor Turnover Summary, approximately 3.5 million employees quit their jobs in April 2019 alone. Employee resignation requires businesses to fill that employee’s position quickly, which is stressful. Additionally, employee replacement comes at a cost to the business. A recent study by the Society of Human Resource Management (SHRM) discovered that the average cost per hire is around $4,000. This is costly because businesses have to spend time training the employee until they contribute to the ROI. Since turnover can be costly to your business financially and socially, you will want to try your best to keep your valued employees at your workplace. So, what are some reasons as to why your employees are leaving?
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