CSO (Central Statistics Office Ireland)’s Post

We have compiled a summary of the significant findings from the August Office for National Statistics Labour Market Overview. Click below to find out about employment rates, economic activity, labour disputes and more 📰👇 https://bit.ly/3Z11akb #labourmarket #employment #payroll

Rain gives your workforce the flexibility to access a portion of their earned wages before payday with EWA. #EWA #EarnedWageAccess #HRTech To learn more about Earned Wage Access, chat with a Rain EWA expert today: https://lnkd.in/epeet-Ma

TIP OF THE WEEK . News for all workers and employers! Starting the 1st of March, 2024, the National Minimum Wage (NMW) is on the rise, along with minimum wages in specified sectors. Here's what you need to know: . NMW Increase: From R25.42 to R27.58 per hour, marking an approximate 8.5% boost. This new baseline applies across most sectors, with some exceptions. . Farmworkers and Domestic Workers: Good news for these essential workers - their minimum rate remains aligned with the NMW at R27.58 per hour. . Exceptions: Remember, there are specific exceptions: . - Workers on Expanded Public Works: R15.16 per hour - Workers under learnership agreements as per the Skills Development Act: Check the schedule in the link to the Government Gazette provided below. . Stay informed, stay empowered! For more details, refer to the Government Gazette link attached. Let's ensure fair wages for all workers as we move forward together. . #MinimumWage #FairWages #Empowerment #elysiumHR #humanresources #industrialrelations #payroll #labourlaw #recruitment #outsourcing #consultingservices

The U.S. Bureau of Labor Statistics predicts that total employment will steadily increase in the coming years. From 2024 to 2034, total employment is expected to increase by 2.8% (164.5 million people to 169.1 million people) Similarly, wage and salary employment is expected to increase by 3% over the coming decade. Self-employed workers are expected to grow by 0.6% over the projected decade. With this increased employment, increased salaries and taxes will follow. However, not all industries will see an increase. Those expected to grow need to be aware of the change to budget and create job openings properly, #payroll #smallbusiness #payrollservices #fortlauderdale #oaklandPark #wiltonManors

On the eve of the May US Employment Report (Exp 186K Jobs, 3.9% UE rate, and +0.3% MM wage gains) - over the past year we've noticed some stark contrasts between the payroll survey's and household survey's expressing vastly different and gaping results vs what's been reported. Now, Just yesterday Bloomberg reported that monthly Non-Farm Payroll prints were likely overstated by approximately 730K last year! #laborreport #jobs #nfp #blsreport

Last week the Government confirmed the level of increases for 2025 - rates rising to £12.21 per hour for those who are 21 and over and £10 per hour for those who are 18-20. A significant boost to minimum rates can catch out employers who operate annual salaries at the lower end of the market and don’t routinely audit by reference to hourly rates. There can also be other complexities to take into account, such as salary sacrifice arrangements. Our tip would be to audit early before 2025 gets underway, if you need help please ask! #nmw #employmentlaw

September Jobs report showed payroll employment increased by 254,000, and the unemployment rate changed little at 4.1 percent, the U.S. Bureau of Labor Statistics reported. Employment continued to trend up in food services and drinking places, health care, government, social assistance, and construction. #SeptemberJobsReport #JobsReport #EmploymentData #LaborForce #EmploymentRate Employment Situation Summary - 2024 Q03 Results (bls.gov)

Earned Wage Access (EWA) allows employees to access their accrued net pay before their scheduled payday. This is key in mitigating financial strain, especially for hourly wage earners. Find out how Veep is empowering employees through EWA in this blog: https://lnkd.in/dzRM2KrS #VeepSoftware #Blog #EarnedWageAccess #EWA #HRSolutions

A quick update and reminder for our followers today, the minimum wage rate is rising from £10.42 to £11.44 an hour and will apply to workers over 21 rather than over 23. The change was prompted by the rising cost of living and recommended by the independent commission. This does have a knock on effect in business however, where business owners have shared they are now under strain to raise the wages of all their employees. You can read more in this BBC article: https://lnkd.in/eTFryJJE #FutureofUKPayroll #PayrollPulse #recruiterlife #recruitmentagency #careersuccess #entrepreneurgoals #businessadvice #ceomindset #ceolife #directors  #IndustryInsights