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While there’s been much talk about the sought-after four-day workweek, or even the five-day, 32-hour workweek, have you heard of the proposed 70-hour workweek? Conversely, a shorter workweek, such as a four-day workweek, is often proposed as a way to improve work/life balance.
There were at least 11 on-demand pay vendors at the American Payroll Association’s Annual Congress last month, not including the national third-party payroll providers. Nothing wrong with vendors highlighting their products at a convention of Payroll professionals. What is the additional burden on the Payroll department?
Nevertheless, 2023 is looking like another challenging year for Payroll as we get a few insights into what to expect. Proposed regulations covering white-collar employees were included in the Department of Labor’s spring 2022 semiannual regulatory agenda. Axed business travel budgets. We wish we had a crystal ball, but we don’t.
Regardless of the sales pitch, on-demand pay is a boondoggle for Payroll. Every vendor will tell you why their on-demand pay program is worry-free for Payroll—it’s OK because employers are cut out of the process, or it’s OK because employers are part of the process. Update to on-demand budget provisions.
It’s a rare occurrence when reading an article about a city budget makes me sad, but it happened just a few moments ago. The article discussed how the City of Hickory, NC proposed offering early retirement to 84 of their employees. But, he said, the city could use the payroll savings. especially in the current economy.
Managers and executives also value assistants who know how to use accounting, payroll and HR applications. Budget perceptiveness. Proposing cost-cutting solutions to those within the company is a good way to make yourself indispensable to the organization. Ability to display grace under pressure.
Spearheaded by entrepreneur and former presidential candidate Vivek Ramaswamy, who has been tapped to lead the newly proposed Department of Government Efficiency (DOGE), the plan seeks to reduce the federal workforce through a strategy designed to prompt mass resignations. trillion budget, meaning salaries account for just 1.8%
The federal workforce could face significant reductions under a new initiative proposed by President-elect Donald Trump. Excluding active-duty military personnel, reservists, and the Postal Service (which operates independently), the total federal civilian payroll is approximately $213 billion annually. The post 2.3
The “deferred resignation program” would allow federal employees to remain on the payroll through Sept. ” Democratic Senator Tim Kaine on Tuesday called the proposal a “fake offer”, saying Trump did not have authority to offer it and employees may not get the promised payouts. trillion federal budget.
“The current round of unprecedented belt-tightening and budget cuts and layoffs in Washington have not become a reality yet in terms of showing up in the national statistics,” said Christopher Rupkey, chief economist at FWDBONDS. Federal claims rose only 14 to 613 in the week ended February 8. Minutes of the U.S.
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