In September and October of 2004, U.S. firms topped the 100,000 mark in announced job cuts, according to John Challenger, who heads the Chicago job placement firm Challenger & Christmas. These layoffs do not give much confidence for future business conditions, he added. However, the figures recently released by the Labor Department show positive signs, particularly in the temporary staffing category.The temporary staffing business has been one of the fastest growing industries in the economy. Since September, the number of temporary workers increased by 87,000, nearly a quarter of the jobs add... view article details
The Basics The definition of paid time off is any time not worked by an employee for which the regular rate, a fixed or a prorated amount of pay, is accrued and paid to the employee. Companies grant time off to give employees down time and a chance to deal with non-work related issues. Despite the high costs of paid time off, companies offer this employee-friendly benefit primarily to be competitive in attracting and retaining talented employees.State and Local Holidays In addition to federal holidays, some employers also ... view article details
Employers know that their employees need a break once in a while. That's why companies offer paid time off (PTO) in the form of vacation days, holidays, personal leave, and sick leave. Some employers' plans offer a specific amount of days for each form of PTO, while others, particularly in the healthcare and financial industries, provide one set amount of paid days off that can be used for various reasons at the employee's discretion. The definition of paid time off is any time not worked by an employee for which the regular rate, a fixed or a prorated amount of pay, is accrued and paid to th... view article details
So, would you recognize a generous time off policy if you saw one? If you had to establish a time off policy for your company, what questions would you ask?The following is a checklist of questions that a good policy for paid time off should answer. It can be used as a starting point for a negotiation, or for a business seeking to establish or revise a policy for paid time off.The Society for Human Resource Management, http://www.shrm.org, offers its members a model policy for paid time off that is comprehensive and a good framework for companies that do not have one.A well-crafted policy for ... view article details
Forty years ago, economists predicted that the U.S. workforce was heading into a crisis of leisure - that people would soon have so much free time they wouldn't know what to do with it. As the impact of technology made more and more human labor redundant, it was widely assumed that a four-hour workday, or a three-day week, or even a six-month year would eventually be the norm. Those forecasts couldn't have been more wrong. The amount of time Americans spend at work has increased relentlessly over the last two or three decades. Harvard economist Juliet B. Schor, in her book The Overworked Ameri... view article details
Closing TimeClosing is the last step in buying a home. Unless you are paying cash for the house, you cannot buy without backing from a lender, which comes in the form of a commitment letter. The lender will require that you have a homeowner's insurance policy on the property, so you will need to arrange this before the closing.At closing you will be asked how you want to hold the title, which basically refers to ownership. If you alone will own the house, it's sole ownership; joint tenancy applies when two or more people are purchasing, but each holds the right to dispose of his or her share.... view article details
Q: Should there be a difference in wages between a part-time employee and a full-time employee doing the same job?A: In general, there should be little to no difference in pay between part-time and full-time employees, particularly when the employees are performing the same job with the same skill sets.It is possible for a full-time employee to make more money if the person has more experience than a part-time employee. And often, employers expect more from full-time employees than they expect from employees who work less than 40 hours a week. Even if a full-time employee is paid more money, i... view article details
What a Waste Are you interrupting your job duties to read this? Or, more likely than not, are you taking a break between filling out last-minute March Madness brackets? We understand the considerable amount of irony involved in taking time out of your workday to read an article about wasting time at work, but our annual Wasting Time at Work survey results are out and they're pretty interesting. Ever wonder exactly how much time the average American worker spends on non work-related items while on the clock? Are they checking Facebook? Tweeting? Doing some online shopping? And more imp... view article details
How Do You Spend Your Time? You know how some people are always late but tend up spending way more time in a meeting than you think is necessary? And how some people are always prompt? An easy way to recognize someone’s personality style is looking at how they spend their time. Review these descriptions and see if you recognize yourself and your coworkers.Direct Style Time Management People with a Direct style don’t waste time. They are almost always in a hurry, and they get impatient with you if you aren’t. They are action-oriented, making quick decisions and implementing th... view article details
Welcome Back for Another Round of Wasting Time at Work Do you waste time at work? Are you reading this in the office right now while you’re supposed to be working? Don’t worry, you’re not alone.Our annual “Wasting Time at Work” survey is back and better (or worse if you’re an employer) than ever. We asked people about their work habits, whether or not they take breaks during the day, what they do in that time, and much more. More than 750 of you answered us to provide some great insight into the habits of American workers.So, before you start filling out March Madness brackets, take s... view article details