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Boomers Knocking at the Door of Retirement

May 15, 2024 by developers

Boomers will be closing their briefcases, taking off their heels, and hanging up their hardhats for the last time within the next 5 years. Nearly 50% of the boomer generation will be retiring during this time frame. The generation that set the foundations for the companies that we work in today will be leaving them.  This will undoubtably influence the companies and force them to focus on what is coming down the pipeline. New generations are moving up and welcoming fresh new faces to the workforce. It is the responsibility of the leaders to show the newer generations what the…

2024 Overtime Rule Changes

April 27, 2024 by developers

SHRM states: “The U.S. Department of Labor has increased the Fair Labor Standards Act's (FLSA's) annual salary-level threshold from $35,568 to $58,656 as of Jan. 1, 2025, for white-collar exemptions to overtime requirements. Effective July 1, 2024, the salary threshold will increase to $43,888. Employees making less than the salary-level threshold, such as hourly workers, can be eligible for overtime if they work enough hours.” * What does this mean for you? Employers need to decide if they are going to raise the salary of the exempt employees. If employers are not able or unwilling to give their employees raises withing the guidelines; then the…

Four Day Work Week

April 17, 2024 by developers

Forbes conducted a survey of 1,301 workers and found 41% of both front-line workers and knowledge workers want flexibility in when they work, and 56% of front-line workers and 69% of knowledge workers want the ability to opt for a 4-day work week with no pay reduction.  Chick-Fil-A stores allow their staff to work 13-hour shifts for three consecutive days with full pay.  This practice has shown that staff stay longer with the company and have less customer service efficiencies.   A four-day work week is not a one size fits all companies. If your company is interested in possibly allowing…

Savio In the Know April 2024

April 09, 2024 by developers

Training, we hear the word every day. We all have modules that we groan our way through. Generally, these mandatory trainings keep our organizations in  compliance. As employees, we dread these trainings, but understand it is crucial  to job and company. Employers are look for ways to remain competitive and  compliant in the most cost-effective manner possible. During exit interviews  various reasons are given for leaving, but the most common reason is a lack of  training; the numbers can range from 50% to 63%... WebsiteApril-in-the-KnowDownload

Recruitment Between the Generations 

April 09, 2024 by developers

From Baby Boomers to Generation Z, hiring techniques are different, but have one common goal. Companies want to find the best candidate to be a part of their team.  So, what does it look like to hire a multigeneration labor force?  Baby Boomers (1946-1964): They come from a time when it was expected to look for jobs in newspapers, job fairs or even friendly recommendations. Candidates would sit by the land line phone and make cold calls to companies asking for employment opportunities.   The work history of a candidate held a lot of weight. Boomers stayed at jobs longer and…

EEOC Religious Infographic lists ways to recognize workplace discrimination.

March 14, 2024 by Savio HR Solutions

March of 2024 holds religious significance to many of the world's religions. Muslims begin the holy month of Ramadan. This is a time when Muslims fast to honor the first writing of the Quran. Hindu's celebrate Holi on March 25. Holi is a festival of new beginnings. Jews celebrate Purim on March 23. At the end of March Christians will celebrate Easter. With all these religious holidays this month we in HR need to be aware that is can also cause tensions in the workplace. The EEOC has recently released an infographic reminding employers that religious discrimination is illegal under…

3 Ways to lower your Unemployment Taxes

March 01, 2024 by Savio HR Solutions

With rising unemployment rates there are simple easy steps you can take to minimize your SUTA/SUI. By minimizing your SUTA/SUI you can control your HR budget and lower your taxes it can also reduce turnover and improve employee morale. There are simple ways to do this.... Schedule for business on accounting of finances and income calculation Website-March-in-the-Know-1Download

Disengaged -burnt out Employees got you down-Employee Recognition to the rescue!

February 26, 2024 by Savio HR Solutions

March 1st is National Employee Recognition Day! Did you know that employees who receive regular well thought out recognition from their supervisors/managers and peers are: 73% less likely to feel burned out. 54% less likely to be looking for other employment.Further studies indicate that those employees who only receive recognition just a few times a year are: 5x more likely to be actively disengaged. 74% more likely to leave their organization within one year. 27% more likely to be struggling.Employees who receive recognition from their peers just a few times a year are: 3x as likely to be disengaged. 39%…

Easy Solutions to improve Employee Retention

February 22, 2024 by Savio HR Solutions

Let's talk about Retention!! The last few years have seen changes in employee turnover. In 2020 we were in the midst of COVID, and many employees were laid off due to shutdowns. In 2021 was the year of the Great Resignation as employees became increasingly dissatisfied with their jobs and started searching for new opportunities. In 2022 employers started searching for employees instead of employees searching for them. In 2023 Return to work became the norm as more employers began requiring employees to return to the office. 2024 the job market is cooling, and unemployment has been slowly creeping up.…

Make DE&I Initiatives a part of Black History Month

February 12, 2024 by Savio HR Solutions

Celebrate Black History Month Did you know that honoring the African American culture goes back to 1926. Originally it was one week in February and was known as Negro History Week. February was chosen in honor of both Abraham Lincoln 16th US President and Federick Douglass former slave who was an abolitionist, writer, statesman and social reformer. As the decades progressed the notion of celebrating the African American culture became more popular. In 1976 Black History month was proclaimed by Gerald Ford. He encouraged all Americans to learn more about the accomplishments on African American in “every area of endeavor…

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Boomers Knocking on the door of retirement

Boomers Knocking at the Door of Retirement

By

May 15, 2024

Boomers will be closing their briefcases, taking off their heels, and hanging up their hardhats for the last time within the next 5 years. Nearly 50% of the boomer generation will be retiring during this […]

2024 Overtime Rule Changes

By

April 27, 2024

SHRM states: “The U.S. Department of Labor has increased the Fair Labor Standards Act’s (FLSA’s) annual salary-level threshold from $35,568 to $58,656 as of Jan. 1, 2025, for white-collar exemptions to overtime requirements. Effective July 1, 2024, the salary threshold […]

Four Day Work Week

By

April 17, 2024

Forbes conducted a survey of 1,301 workers and found 41% of both front-line workers and knowledge workers want flexibility in when they work, and 56% of front-line workers and 69% of knowledge workers want the […]