Searching Pondering Equity-Based Long-Term Incentive Plans on page 113

The Pressure Is Mounting Gail Greenfield, the executive vice president of pay equity and total rewards strategy and solutions at Trusaic, a pay equity and regulatory compliance software company, links the start of pay transparency’s momentum to the emergence of workplace review website Glassdoor, which launched in 2008.

The Salary Basis Test’s Role in the DOL’s 2024 Final Rule The salary basis test was foundational in the DOL’s April 23, 2024, final rule that stipulated covered organizations must ensure all employees who are classified as exempt from overtime make at least: ;$43,888 in base salary beginning on July 1, 2024 (up from the previous $35,568 annual standard outlined in the DOL’s 2019 final rule), and; ;$58,656 in base salary beginning on Jan. 1, 2025.; Under the rule, an automatic escalator provision would increase that threshold every three years based on up-to-date wage data.

From a legal standpoint, requiring disclosure of pay measures will cause companies to reassess how they present the details of their pay programs in their CD&A, which are governed under a “principles-based approach,” in that companies may decide that a more extensive discussion is warranted.

See Issue Workspan Magazine, October-November 2024 Inthisissue,weexplore living wages, remote work, pay frequency changes, executive incentives and more.

You Need a Plan However, before you settle on the visual format best suited to sell your case you should focus on the data points necessary to make that case.

EBSA Provides Additional Opinion on Alternative Assets in 401(k) Plans EBSA continued to clarify its stance on retirement investment options in defined contribution plans by issuing an advisory opinion on Tuesday, Sept. 23.

Scott Pechaitis, an attorney in Jackson Lewis’ affirmative action practice group, led the webinar and shared practical ways to prepare and comply with emerging disclosure laws and advance pay equity outcomes.

It is an opportunity for compensation professionals to think strategically about the best approach for their company in both the short and long term.

And lastly, you can use data to understand the attributes of the best salespeople in your organization, thus informing the recruitment process and improving the odds of mutual long-term success when you make your next hire.

The Potential ROI for Covering GLP-1s; Behavioral and Mental Wellness GLP-1 treatment should be coupled with mental health support and behavior modification strategies to maximize long-term success.