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Firms with more than 100 million kroner ($9.4 million) in total operating and financial income will be covered initially, a threshold that will drop to include those with income in excess of 50 million kroner.

Package delivery company UPS also announced on Jan. 28 it was planning to cut up to 30,000 operational jobs this year as it continues its efforts to reduce the number of Amazon shipments that it handles.

The recently passed Illinois legislation titled “The Paid Leave for All Workers Act” ( SB208) guarantees workers the ability to accrue paid time off, up to 40 hours or five workdays per year for full-time employees.

The bucket never fills up completely.

According to the National Association of Corporate Directors’ 2023-2024 Director Compensation Report, median pay for directors rose 4% in 2023, up from the previous year’s increase of 2%.

“Life expectancy is going up, which is great — we can live longer — but now we have to think, ‘Can we afford that?’”

The digital workforce is the most elusive category with 82% reporting hiring and retaining problems, with salaried employees at 67% and salesforce 40%.; WTW respondents indicated several key talent-bolstering practices will increase over the next three years from the past three years, including: changing skills required to get the work done, up 72%; multi-skilling to enable employees to do tasks from different jobs, up 68%; changing employee preferences, up 52%; and finding new sources of talent, up 36%.

The report showed workers value the ability to pick up extra shifts, swap shifts and offer input on their schedules.

Key Takeaways ;Trump Pitches New Retirement Plan for Workers Without 401(k)s; ;Research Identifies Three Cracks in Global Labor Market; ;Employers See Need for Enhanced Benefits That Address Major Life Events; ;Michigan Bill Aims to Install AI Guidelines for Employers;Novo Nordisk to Lower Costs of its GLP-1 Medications;Largest New York City Nurse Strikes Ends After 41 Days; ;Figures and Facts of the Week; Trump Pitches New Retirement Plan for Workers Without 401(k)s Private-sector workers who do not have employer-sponsored retirement plans could be able to enroll in a new plan modeled after one offered to federal workers starting next year, U.S.

Unemployment dropped back to 3.5%, which is just above the lowest level since 1969.