Are you rethinking your workforce strategy? The pandemic drastically changed markets. Many businesses closed in 2020, others retrenched and still others boomed. As you address your company's needs, are you wondering if you have enough workers to operate effectively? How to Rightsize Your Company Rightsizing is the process of making a company a more functional size. It's often treated as a … [Read more...]
The Advantages of a Total Rewards Package
With millennials dominating the workforce and the next generation of workers gearing up to make their mark, employers are being forced to rethink their rewards strategy. When employers think “rewards,” compensation and benefits typically first come to mind—and with good reason. Research shows that compensation is the leading driver of job satisfaction, followed by benefits. Demand for a more … [Read more...]
Remote Employees and Reimbursement
Reimbursing your employees for work-related expenses is nothing new, but the practice was primarily limited to on-site employees. However, with the arrival of COVID-19 and the pandemic that forced people into an unparalleled shift toward the remote-work lifestyle, the question of whether or not remote employees should be reimbursed for their business expenses is gaining attention. According to … [Read more...]
Does the Fair Labor Standards Act (FLSA) Apply to Nonprofits?
Is your nonprofit subject to the Fair Labor Standards Act (FLSA)? Because nonprofits fall into a special category, the answer isn't a simple yes or no. Fortunately, the Department of Labor has provided guidance in this area. In brief, says the DOL, there are two ways in which an employee can be covered by the Fair Labor Standards Act and therefore entitled to its protections: enterprise coverage … [Read more...]
Tips for Building Your Paid Parental Leave Policy
Employers are increasingly offering paid parental leave, which includes maternity leave, paternity leave and adoption leave. According to a 2020 Society for Human Resource Management article, "Over half of employers (55 percent) now offer paid maternity leave, 45 percent offer paid paternity leave and 35 percent provide paid extended family care leave." The benefits of paid parental leave can … [Read more...]