Savio In The Know June 2024
Can staff come and speak with you freely? Do staff say that they areuncomfortable coming to you or even sitting in your office... Savio-in-the-Know-June-2024Download
Boomers Knocking at the Door of Retirement
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
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
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…
Recruitment Between the Generations
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 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
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!
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
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
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…
