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Workspan Daily article; ;Are You Considering Paying Premiums for AI Skills?

Organizations with more office locations are more likely to consider creating a U.S. geographic pay policy, and 41% of organizations apply pay differentials as a premium/discount to either structure or individual pay, while 33% create separate base pay structures for each/different geographic location.

Key Takeaways Schumer Bill Seeks to Reverse Cuts to Healthcare, Including Medicaid;Legislation Seeks to Increase 401(k) Access to Young Workers;Bill Aims to Strengthen Healthcare-Based ‘No Surprises Act’;Senate Committee Unanimously Advances Pair of ESOP Bills;NLRB’s Acting General Counsel Issues Memo on ‘Salting’ Cases;Senate Committee Reverses EBSA Funding Cuts; Schumer Bill Seeks to Reverse Cuts to Healthcare, Including Medicaid Senate Minority Leader Chuck Schumer (D-New York) on Monday, Aug. 4, introduced the Protecting Health Care and Lowering Costs Act ( S. 2556 ), which aims to repeal healthcare cuts in the recently signed H.R. 1 law (also known as the One Big Beautiful Bill Act), including those to Medicaid, and permanently extend the Affordable Care Act premium tax credits that are set to expire at the end of this year.

Organizations with more office locations are more likely to consider creating a U.S. geographic pay policy, and 41% of organizations apply pay differentials as a premium/discount to either structure or individual pay, while 33% create separate base pay structures for each/different geographic location.

; ;Will there be any changes to benefit premiums, deductions and taxes?

They suggested that companies consider offering housing premiums for remote staff to offset these increased expenses.

Existing employees on any of these teams who currently receive less than $20 an hour will be raised to this new rate automatically, according to Verizon, which is also adding premium pay differentials for assistant managers who work on holidays, Sundays and for those who are bilingual.

Generally, for those organizations that plan to decrease their LTI grant values in 2023, target grants will remain at a premium to market (e.g., 65th percentile or greater), whereas those that are increasing grant values are more likely to be targeting the 50th percentile.

Mental and physical health are major factors contributing to women’s job satisfaction — as well as the quality of benefits and support employers offer in those areas (a September 2023 Deloitte report found women spend more per year on out-of-pocket health-care expenses and get less coverage for every premium dollar spent).

While deductions for healthcare premiums or pension contributions may reduce pay below minimum wage, TR pros need to ensure no improper deductions are allowed to meet legal obligations.