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A Jan. 21 Resume.org survey of 1,000 business leaders within organizations with diversity, equity and inclusion (DEI) initiatives (also known as the push toward equitable and diverse workplaces) found 1 in 8 of those entities are eliminating or reducing their programs.

In addition, the economic impact of addressing, or not addressing, this healthcare gap is significant, Bower said — up to $1 trillion annually if it is addressed by 2040.

Colorado Colorado Colorado’s Equal Pay for Equal Work Act , which goes into effect Jan. 1, 2021,prohibits all employers from discriminating between employees on the basis of sex by paying an employee of one sex a wage rate less than the rate paid to an employee of a different sex for substantially similar work, regardless of job title, based on a composite of skill.

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 Compensation; ;Finance and Budgeting; #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 a recommended approach: 1.

In fact, WorldatWork’s 2022 Sales Compensation Programs & Practices report found that “revising approach to sales compensation” was the No. 1 priority for 49% of respondents, up from 45% in 2021.

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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.

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.