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Executive compensation and incentive design can also be modified or redesigned to reflect a company’s risk profile.

Most workers classified as independent contractors like this designation.

;Simplification: Get your sales comp plan design right and then simplify and tighten your process first.

In order to meet the filing deadline — which is only three months away — her advice is to “designate an individual or team now to gather the information needed to ensure your reports are filed in a timely manner.”

A well-designed compensation strategy is foundational to attracting and retaining talent.

.; “Overarchingly, I see SECURE 2.0 as a material set of enhancements to the original SECURE designed to expand retirement savings access to more Americans — and at a greater rate — in an easy-to-administer fashion for employers,” said Michelle Richter, executive director at the Institutional Retirement Income Council, in New York City.

;More than 365,000 U.S. children are currently in foster care (a statistic brought to light for May’s designation as National Foster Care Month ).

To succeed these days, they need to: ;Think like a data analyst; ;Communicate like a public relations expert; ;Understand compensation like a financial wiz; ;Design benefit packages like an architect; ;Align strategies with business objectives like a CEO; ;Navigate regulatory compliance like a risk manager; ;Grasp legal compliance like a lawyer; This article focuses on those last two bullet points since TR compliance, particularly with wage-and-hour rules and regulations, can keep you and your team in good standing with organizational leadership, the general workforce, counsel and government agencies.

Businesses would need to separately report tips and overtime earnings on employees’ W-2 forms and, for non-employees (including gig workers), report payment portions designated as tips.

A Move Toward Tuition Assistance To address these barriers, Spectrum partnered with talent development vendor Guild to design an additional tuition program that would better meet the needs of Spectrum’s entire workforce.