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Talent Management

Some CEOs Say Rising Employee Wages are Already Impacting Profits

While politicians and analysts continue to debate the unemployment rate, many CEOs report that wages are already on the rise. And whether due to market demands and economic forces or to local lifts in the minimum wage, rising pay is starting to take a bigger bite out of profits.

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Is Now the Time for CEOs to Increase Employee Pay?

As American workers continue to voice growing discontent about income inequality and stagnant wages, some CEOs are voluntarily raising employee pay on principle. They say doing so not only improves morale and employee satisfaction but also serves as a long-term investment to better their workforce.

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Could Strong Jobs Report Hint at Rising Interest Rates and Tightening Labor Market?

The Department of Labor reported that U.S. employers dramatically increased hiring in June, indicating that renewed momentum in the labor market could quell fears about a broader economic slowdown. However, CEOs are keeping watch on developments that might point the way toward a tightening labor market and rising interest rates.

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How to Improve Your Company’s Prosperity by Better Engaging Employees

In today’s organizations, the term “prosperity” is taking on a new definition. Historically, company prosperity referred solely to bottom-line profits. CEOs are now realizing there is a greater responsibility to uphold than financial prosperity. They also need to focus on enriching employees’ lives.  

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4 Ways to Battle Information Overflow

Are your team members drowning in internal communications, key performance indicators and business forecasts? These struggles may be holding back your ROI, preventing employees from focusing on the important work that moves your company forward. Stewart Butterfield—the CEO of Slack who recently compared over-reliance on these tools to a diabetes epidemic— certainly believes we are struggling from an information overflow.

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How to Prepare Now for the Overtime Final Rule this Winter

A new Labor Department regulation known as the Overtime Final Rule will effectively double minimum salary requirements for hourly workers, starting December 1. Employers should start now to properly classify workers in advance of the new regulations to avoid unnecessary salary increases and ensure workers are doing their jobs effectively.

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