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Companies Are Using This Sneaky Strategy To Avoid Paying Overtime

Allwork

Not only are firms regularly using phony job titles to circumvent overtime payments, this practice is more common in companies where the employees have little to no bargaining power. Give what should be hourly employees a more senior title to “promote” them to “management” roles, and suddenly overtime payments are entirely negated.

Salary 257
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Furthering Your Education on a Budget

Success

Some professions like teachers, medical professionals and real estate agents are required to take continuing education classes in order to maintain a license, while for other professions you may need to self guide your curriculum based on your career goal and the needs of your company. Set your budget. Have a plan.

Budget 299
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Should Your Company Be Labor Hoarding? HR Leaders Share Why They Believe The Answer Is Yes

Allwork

Labor hoarding is when companies find ways to hold on to talent rather than lay off workers in order to save money in the long term. . Companies are more concerned with mitigating costs than they are hiring new team members. . Allwork.Space spoke to three HR leaders to gauge their opinion on the practice of labor hoarding. .

Payroll 274
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Dry promotions: Definition, considerations, and guidelines for employers

BMT Office Administration

Getting a promotion is an exciting event for employees. However, some of that excitement is probably due to the pay raise that they expect will come with the promotion. But sometimes employers offer promotions without an increase in pay, a growing phenomenon called dry promotions. What is a dry promotion?

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4 Ways To Financially Support Your Employees (Other Than Raises)

Allwork

As companies continue struggling with turnover and absurdly high quit rates , the businesses that are willing to go the extra mile for their employees will experience better retention. While the financial troubles are clear, the solutions aren’t always as straightforward when a company can’t afford to give raises.

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7 Types of Competitive Advantages and How to Develop Yours

Success

In the interview, passion about your company and mission are great. If your budget is too limited to offer competitive salaries, what other perks do you offer ? As a personal example, I had a client who offered two night classes with equal marketing budgets. And while it is important, pay isn’t everything.

Budget 276
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The Solution to the Struggles of Staffing a Nonprofit Organization

C-Suite Assistants

The Myth of Low-or-No Salary Nonprofit Jobs Of course, one thing that makes staffing a nonprofit organization difficult is the belief among many that most nonprofit jobs are staffed by unpaid volunteers, or that those positions staffed by paid employees don’t offer competitive salaries.

Salary 52