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Table 1 shows illustrative driver effects for a set of three segments.

.; Under the “no tax on tips” provision within the H.R. 1 law (otherwise known as the One Big Beautiful Bill Act), eligible tipped employees, including those who itemize and don’t itemize their taxes, can claim a tax deduction up to $25,000 per year, effective in the 2025 through 2028 tax years.

On Jan. 1, Hawaii joined eight other U.S. states with active pay transparency laws: California, Colorado, Connecticut, Maryland, Nevada, New York, Rhode Island and Washington.

Save Reuse Permission This article is Part 1 of a two-part series that examines requirements for the European Union’s Pay Transparency Directive.

FRANCE Expanded Mandatory Profit-Sharing Rules Take Effect As of Jan. 1, 2025, profitable French companies with 11 to 49 full-time employees during 2024 must implement a mandatory profit-sharing plan in 2025.

The report assigned organizations to one of five size categories based on revenue: micro ($50 million to $500 million), small ($500 million to $1 billion), medium ($1 billion to $2.5 billion), large ($2.5 billion to $10 billion) and top 200 (200 largest companies in the S&P 500 based on revenue).

The secretary may appoint the task force’s members only if (1) Congress has vested in the secretary the power to appoint them, and (2) the members are inferior officers under the Appointments Clause.

Save Reuse Permission As student loan payments resume after a nearly five-year pause, 43 million Americans (1 in 6 adults) are faced with repaying a collective $1.77 trillion in loan debt.

Save Reuse Permission To address youth unemployment, underemployment and skills development, India’s governmental cabinet approved an employment-linked incentive plan budgeted at 1 trillion rupees (about $11 billion USD), aimed at generating nearly 35 million jobs over two years by offering subsidies to both employers and employees.

The losses are even greater for Black and Hispanic women over a 40-year career: roughly $1 million and $1.3 million, respectively.