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Lower Pay Raises Incoming for 2025
Employers in the U.S. are planning lower pay raises for 2025 due to cooling inflation and job markets, according to new reports. In 2024, roughly 47% of organizations reduced salary budgets compared to 2023, with the overall median pay raise dropping to 4.1%. For 2025, projections show a further dip to 3.9-4% in salary increase budgets.
What Clean Slate Laws mean for your small business
Clean slate laws are expanding across multiple states in the US, offering individuals with criminal records a chance to have their records automatically sealed after a period of crime-free behavior.
The hidden costs of employee turnover
Employee turnover is more than just a revolving door of people. It’s a silent drain on a company’s resources, affecting everything from productivity to company culture. In this comprehensive blog post, we’ll delve into the true costs of employee turnover and explore how HR consultants can play a pivotal role in mitigating these losses.
Unlocking Productivity: The Power of Summer Fridays
A “Summer Fridays” policy can be a valuable addition to a company’s benefits package, offering several advantages that contribute to employee satisfaction, productivity, and overall organizational success.
Understanding Increased Form I-9 Fines: A Guide for Employers
The Department of Homeland Security (DHS) recently released updated fines for Form I-9 civil penalties, accounting for annual inflation. These new fines, effective for penalties assessed after February 12, 2024, impact violations occurring after November 2, 2015.
New Final Rule by Department of Labor Raises Salary Threshold for Exempt Employees
The Department of Labor (DOL) has recently issued a final rule that significantly raises the salary threshold for exempt employees. This update has far-reaching implications for businesses across various industries.
Bye bye noncompete clauses
The U.S. Federal Trade Commission (FTC) has approved a proposed final rule banning most new noncompete clauses in employment contracts. This sweeping rule affects millions of workers and makes all existing noncompete agreements (except those covering senior executives) unenforceable.
Employer Initiatives: Addressing the Child Care Crisis
The expiration of pandemic-era federal aid to child care centers, coupled with the return of remote workers to offices, has exacerbated child care struggles for many parents. This situation has led to significant stress and challenges for working parents, jeopardizing their ability to balance work and family responsibilities effectively. Ultimately, these chalenges lead to inferior productivity and performance.
Navigating Employee Health Benefits: Understanding Self-Funded, Level-Funded, and Traditional Group Health Plans
In today's competitive job market, offering comprehensive health benefits has become crucial for companies aiming to attract and retain top talent. However, navigating the complex landscape of health insurance options can be daunting.
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Popular Management Posts
In light of President Trump's 2025 Executive Orders—specifically EO 14151 and EO 14173—organizations must reassess their Diversity, Equity, and Inclusion (DEI) programs to ensure compliance with the new federal mandates. These orders have significantly altered the landscape for DEI initiatives, particularly for entities engaged in federal contracts or receiving federal funding.