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Post-pandemic employee turnover: Why it’s happening and what to do about it

Insperity

Meanwhile, the 2020 Eagle Hill Consulting COVID-19 Workforce Burnout Survey found that one in four employees plans to leave their job once the pandemic is over. Amid business closures and industrywide downturns, and with the ensuing widespread layoffs or reductions in salary and benefits, uncertainty reigned.

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What Caitlin Clark’s Starting Salary Says About the State of the Gender Wage Gap

Success

But when it came time to receive her first salary as a professional basketball player, many fans—and women across the country in general—were shocked by the amount: $76,535. Glamour wrote, “The math is not mathing” and quoted a Twitter post that said Clark would qualify for low-income housing in San Francisco on that salary.

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NYC is now enforcing salary transparency. But Tesla, Amazon, Citi and others are still posting huge pay ranges

Work Life

Just over two years ago, the New York City Council passed a bill that would require most employers in the city to include salary information on all job postings, an effort to mitigate persistent pay disparities that often have an outsize impact on women and people of color. had a range over $50,000.

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Pay compression: What it is and how to fight it

Insperity

Let’s take a closer look at salary compression as well as how to spot, resolve and prevent it from reoccurring in your company. What is salary, wage or pay compression? Asking for a job seeker’s salary history won’t help much, either, especially if a prospective hire knows they can find a higher paying job elsewhere.

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How to Prepare for the New White Collar Overtime Requirements

Insperity

1 2016, the minimum salary increases to $913 per week or $47,476 annually. The salary threshold for exemption will also increase every three years to match inflation. million additional salaried white collar American workers eligible for overtime pay, according to the DOL. Meet the minimum salary level (“salary level test”).

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How to set up a payroll process: 10 steps

Insperity

These are salaried employees who are not eligible for overtime compensation. Outside consultants are often hired to assist with specific projects, and are responsible for paying most of their own payroll taxes. Whether you have hourly or salaried employees, you must figure out who is getting paid what amount.

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Is your company’s pay equitable? 5 must-read tips

Insperity

Typically, wage inequality isn’t deliberate but is an act of omission in a company that hasn’t regularly analyzed salaries. That said, in certain limited cases, people in similar jobs can be paid different salaries. Before beginning any comprehensive analysis of your pay practices, you may want to consult with legal counsel.