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A Staples survey found that 62.3% of employees would give up a larger salary to get better workplace perks, meaning a total rewards approach to compensation that includes forms of indirect compensation is critical to recruiting and retaining employees.

While the volume of wage and hour laws and regulations is substantial and the opportunities for inadvertent violations are many, experience shows that most wage and hour litigation claims focus on a few specific areas that frequently trip up employers of all sizes.

Black directors made up 15% of the newly appointed board members appointed by companies in the S&P 500 last year, a drop from 26% in 2022 and closer to the 11% mark of 2018, according to a report from executive recruiter Spencer Stuart .

.; HR leadership veteran Katie Burke will appear in a panel discussion on the main stage at WorldatWork’s Total Rewards ’24 conference , coming up on May 20-22 in Cincinnati.

One lawyer advised employers to take a “hurry up and wait” approach to address the current situation.

Starting July 1, 2027, salary thresholds will update every three years by applying up-to-date wage data to determine new salary levels.; On Tuesday, April 23, the Biden-Harris administration announced a final rule that expands overtime protections for millions of American workers by increasing the salary thresholds that are required under the Fair Labor Standards Act (FLSA).

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The act adopts a Saver’s Match Program that would incentivize retirement savings by providing a 50% matching contribution of up to $2,000 in retirement savings annually for lower- and middle-income Americans.

In WorldatWork’s 2022 Inventory of Total Rewards Programs & Practices , 39% of participating businesses offered adoption assistance (up from 28% in 2016), and 29% offered adoption reimbursement (up from 18% in 2016).

With women making up about 50% of the workforce — and more than half of the college-educated workforce, with an anticipated rising ratio of female college-educated workers — increased job dissatisfaction among women will likely be detrimental to businesses.