What can we help you with today?
Filter by Topics
Filter by Category
Found 360 results
Workspan Daily
08/04/2023
“One swipe per person, per day, per location will be captured,” the memo said.
Workspan Daily
02/13/2025
Currently:
;30 states (plus the District of Columbia) have a minimum wage rate that exceeds the federal rate.;
;12 states have minimum wages that match the federal rate.;
;5 states (Alabama, Louisiana, Mississippi, South Carolina and Tennessee) have not adopted a state minimum wage.;
;3 states (Georgia, Oklahoma and Wyoming) have a minimum wage below $7.25 per hour.;
For the eight states in the last two bullet points, the federal minimum wage of $7.25 per hour generally applies.
Author(s):
Workspan Daily
05/07/2025
Access a bonus Workspan Daily Plus+ article on this subject:
;How to Contend with a Job-Hopping Workforce;
When comparing positions held by workers after the age of 21 (excluding part-time and short-term work during high school or college), the research revealed the following longevity averages:
;Baby Boomers: 3.6 employers in 27.1 years (7.5 years per job);
;Generation X: 4.2 employers in 19.4 years (4.6 years per job);
;Millennials: 3.9 employers in 9.2 years (2.4 years per job);
;Generation Z: 2.7 employers in 2.8 years (1 year per job);
Although the data may exclude some shorter-term, early career jobs not listed by older workers, the gap is more than significant enough to account for those omissions, and it still paints a picture of dramatically increased job-hopping by the workforce’s newest entrants, said Jesse Wheeler, a senior macroeconomic analyst at Revelio Labs.
Author(s):
Journal Article
03/15/2023
For the United States, the average cost of a private room in a nursing home is $303 per day, which comes to $110,595 per year.
Author(s):
Workspan Daily
09/13/2024
Save
Reuse Permission
Bank of America Raises Minimum Wage for its Workers to $24 Per Hour
Bank of America has announced it is raising its minimum wage to $24 per hour.
Author(s):
Workspan Daily Plus+
04/23/2025
Quantitative Data Collection:
🗹 Number of PTO requests;;
🗹 Number of PTO approvals;;
🗹 Average PTO accrued per employee;;
🗹 Average PTO used per employee;;
🗹 Reasons for PTO usage (e.g., vacation, personal leave, sick leave);;
🗹 Reasons for PTO not being approved;;
🗹 Employee headcount;;
🗹 Overtime hours worked;
Qualitative Data Collection:
🗹 Reasons for not taking leave (e.g., workload, lack of coverage, manager disapproval, accruing for a later purpose);;
🗹 Employee understanding of PTO policies;;
🗹 Employee perceptions of corporate/department culture on taking time off;;
🗹 Employee feedback on improving PTO usage;;
🗹 Manager’s challenges in approving PTO requests (e.g., late requests, holiday weeks, request/approval system, staffing issues);;
🗹 Impact on team/department when employees are absent (high, low, unacceptable, etc.).;;
🗹 Manager feedback on improving PTO usage;;
🗹 Focus group sentiments regarding the effectiveness of PTO policies and practices that impact
Author(s):
Workspan Daily
01/10/2025
The sector added an average of 18,000 jobs per month in 2024, below the average increase of 23,000 per month in 2023.
Author(s):
Tools
Total Compensation = Base Compensation + Incentive Compensation + Total Benefits
Total Rewards: People and Talent Metrics
Absence Rate Absence Rate = (Number of Days Absent / Total Number of Available Workdays) x 100 Cost Per Hire (CPH) CPH = Total Recruiting Costs / Number of Hires Employee Engagement Index Engagement Index = Sum of Engagement Scores / Number of Respondents Human Capital ROI (HCROI) HCROI = (Revenue - Operating Expenses - (Compensation + Benefits Costs)) / (Compensation + Benefits Costs) Offer Acceptance Rate Offer Acceptance Rate = (# of Offers Accepted / Number of Offers Made) x 100 Offer Decline Rate Offer Decline Rate = (# of Offers Declined / Number of Offers Made) x 100 Revenue Per Employee Revenue Per Employee = Total Revenue / Total Number of Employees Time to Fill Time to Fill = Sum of Total Days to Fill All Roles / Number of Roles Filled Training Investment Per Employee Training Investment Per
Workspan Daily
07/24/2024
In addition, Frost shared Alight’s client data showed only 51% of employees who are earning under $40,000 per year were enrolled in employer-sponsored health coverage in 2024 (down from 61% in 2022), while employees earning $40,000 to $60,000 per year only had 78% enrollment in 2024 (down from 82% in 2022).
Author(s):