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In an effort to destigmatize, Wipro conducted the “More than 1-in-4” Summit, where employees and leaders, joined by global industry experts, shared their stories and experiences with mental health issues.

The proposed rate, which would be finalized after a public hearing and consideration of public comments on Dec. 16, would be $17.87 when it takes effect and would increase to $23.82, adjusted for inflation, when it is fully phased-in on April 1, 2025.

Editor’s Note: Additional Content For more information and resources related to this article, see the pages below, which offer quick access to all WorldatWork content on these topics: ;Employee Benefits; ;Total Rewards; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

; ;The Monumental Mission of Meaningful Mentorships; ;Proactive TR Pros See ‘Train’ of Change Coming, Take Steps to Act; ;The Keys to Creativity and Driving Innovative Total Rewards; ;The Pros and Cons of Giving Managers Discretion on Merit Increases; ;Using Analytics, Innovative Framework to Transform HR/Total Rewards; ;How An Industry Leader Sees Technology Transforming Total Rewards; ;Biopharma Compensation Leader Has Put AI Under the Microscope; Editor’s Note: Additional Content For more information and resources related to this article, see the pages below, which offer quick access to all WorldatWork content on these topics: ;Career Growth; ;Employee Experience; ;Total Rewards; ;Workforce Engagement; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

Here’s What the Research Says;Executive Decisions: The Impacts (and Incentives) of a Co-CEO Model; Editor’s Note: Additional Content For more information and resources related to this article, see the pages below, which offer quick access to all WorldatWork content on these topics: ;Employee Experience; ;Employee Recognition; ;People Analytics; ;Total Rewards; ;Workforce Engagement; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

In Figure 1, most organizations have not yet taken action, with 45% of global organizations (37% U.S.) adopting a wait-and-see approach and 29% actively reviewing their programs (33% U.S.) as the regulatory environment unfolds.

For example, consider the impact of a $1 increase from $15 per hour to $16 per hour for an hourly worker.

Women in the U.S. are still paid just 82 cents for every $1 a man is paid.

In many instances, $0.50 or $1 per hour makes a significant difference for frontline workers, and failure to recognize this can result in companies putting themselves at a competitive disadvantage to other local establishments.

Employers Testing Limits of NYC Pay Transparency Law New York City’s new pay transparency law went into effect on Nov. 1 and some employers are already testing the limits, HR Dive reported .