Highly compensated employees can be eligible for overtime pay if they are paid on a daily basis, the U.S. Supreme Court ruled on Feb. 22 in a case that clarifies overtime exemptions under the Fair Labor Standards Act (FLSA). In Helix Energy Solutions Group v. Hewitt, the Supreme Court ruled 6-3 that a former employee...
Month: February 2023
There’s a surprising culprit behind mass layoffs, says a prominent management professor at Wharton
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Most bosses blame layoffs on economic downturns, a decline in demand for services, or even overhiring. But one Wharton professor has a different view: It's how U.S. accounting rules force companies to classify human capital that makes them seem like an expense to be cut, rather than an asset to be protected. Peter Cappelli, the...
What are the most important onboarding metrics? The five best ways to measure onboarding success are: New hires’ job satisfaction, time to productivity, overall morale, employee turnover, and hiring managers’ performance.Since the pandemic began in early 2020, businesses have struggled to predict what the job market will do next. In the pandemic’s earliest days, widespread...