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The stages are: Nov. 1, 2023: BC Public Service Agency and Crown corporations with more than 1,000 employees (ICBC, BC Hydro, WorkSafeBC, BC Housing, BC Lottery Corporation and BC Transit);Nov. 1, 2024: all employers with 1,000 employees or more;Nov. 1, 2025: all employers with 300 employees or more;Nov. 1, 2026: all employers with 50 employees or more; The B.C. legislation also prevents employers in the province from asking prospective employees for pay history information, or from punishing employees who disclose their pay to co-workers or potential job applicants.

Department of Labor (DOL) issued Field Assistance Bulletin No. 2025-1 on May 1, a guidance document that confirms it will no longer enforce an independent contractor rule issued in 2024 under the Joe Biden administration.

The newly signed legislation will increase the minimum wage to $13.75 per hour on Jan. 1, 2027, and subsequently increase the minimum wage to $15 per hour on Jan. 1, 2028.

We also assessed the 30 companies of the Dow Jones Industrial Average index to determine exactly how incentive programs vary across industries.

Even at technology companies, AI adoption hasn’t yet encompassed most employees — much less in other industries, he said, but that’s about to change.

“As we work toward President Trump’s goal of 1 million active apprentices , the Department of Labor’s commitment to faster decisions, clearer standards and greater flexibility will enable employers across all industries to launch high-quality Registered Apprenticeship programs and help more Americans access high-paying careers.”

Certain industries and nonprofit organizations are exempt.; ;From Oct. 1, 2025 to Sept. 30, 2030, both employer and employee are each required to contribute 0.25% of an employee’s wages to the EWF.

Body of Knowledge Courses and Required Exams Certified Senior Rewards Professional (1 of 1 Courses/Exams) Executive-level learning for Total Rewards professionals ready to lead at a strategic level.

In each issue of Workspan , we “Ask the Experts” to gather insights from thought leaders, industry authorities and researchers on total rewards challenges and current workforce issues that are top-of-mind for you.

Depending on the industry, future growth and other factors, we expect that CEO pay will increase by 8% to 12% in 2024 — with the uptick being fueled by hefty increases in long-term incentive (LTI) grants.