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Gap 3: A Standardized Template for Delivering Information Even with the right data and methodology, execution matters.

The survey has a 3% overall margin of error at a confidence level of 95%.

The proposed rule, which was slated to be published in the Friday, March 27, edition of the Federal Register , would change the existing Department of Labor (DOL) methodology for determining prevailing wage levels in the following visa programs: ;Permanent labor certification; ;H-1B, H-1B1 and E-3; The DOL stated the new methodology would use percentile thresholds derived from the Bureau of Labor Statistics’ Occupational Employment and Wage Statistics survey to align the wages paid to foreign workers with wages paid to similarly employed U.S. workers.

Meta CEO Mark Zuckerberg then declared 2023 the “year of efficiency,” and proceeded with a plan of an additional 10,000 job cuts in March, resulting in restructuring costs of between $3 billion and $5 billion.

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., those established after Dec. 29, 2022) need to automatically enroll their eligible employees at an initial rate of at least 3% but not more than 10% of pay.

Access a related Workspan Daily article on this subject: ‘Year of Contention’: Employers Mull Tight Budgets, Pay Expectations; Where Employers Are Cutting Payscale’s latest Compensation Best Practices Report found organizations are reducing costs in certain areas: ;Pay increases (18%); ;Salary offers (14%); ;Hiring less experienced talent (15%); “The most visible cuts are in salary budgets, back toward that 3% level that no longer builds in inflation-fueled increases,” Scott-Wears said.

Access a related Workspan Daily article on this subject: ;Connect Talent to Work by Enhancing Your Skills Management Practices; Access a bonus Workspan Daily Plus+ article on this subject: 3 Reasons Why Your Talent Marketplace Isn’t Working; Performance Management One of the biggest challenges in performance management, particularly now as pay transparency becomes a baseline expectation, is bringing objectivity into the process , said Stella.

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