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.
HR, Payroll, and Employee Management Tips for Small Business Posts
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:
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.
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?
Every so often it’s time to give your employees raises. When and how you give those raises is entirely dependent on you. You have the choice to give raises by a percentage or flat rate. Most businesses calculate raises by percentage and we have a great article on that topic here. In this article, we’ll be focusing on the flat rate raise.
The Federal Family and Medical Leave Act provides protection for employees to take unpaid leave for family and medical reasons. Although this is the norm for many businesses, states often have their own leave regulations. New Jersey, for instance, has its own similar leave laws called the New Jersey Family Leave Act. The state of New Jersey Department of Children & Families’ purpose of this policy is to promote economic security. This act lets employees to take up to 12 weeks of family leave in a 24-month period without losing their jobs. Additionally, New Jersey provides cash benefits through the Family Leave Insurance Program.
There are some changes ahead in regards to New Jersey Law. The New Jersey Governor, Phil Murphy, signed a new bill into law on Feb 19, 2019. This law modifies the New Jersey Family Leave Act (FLA) and the New Jersey Paid Family Leave Insurance Program (FLI). To ensure that you understand the new changes, check with New Jersey’s department of labor. All of the information provided below is a guide for you to use, but is not intended to be legal advice.
Your employees make your company successful, so why not show them that you value their work? Giving raises is one of the best ways to show your employees that you care about their dedication and hard work. Not only will raises motivate employees, raises can also help your business. Employers often use raises as a way to increase retention at the workplace. When you offer a competitive salary or hourly wage, employees will not look for work elsewhere, which prevents turnover. This will save you the trouble of having to find and hire new employees.