Searching Workplace Equity on page 42

Instead, employers are redirecting spending toward more scalable, defensible strategies, Scott-Wears said, such as compensation technology, pay equity analytics and better modeling tools.

This portion was calculated by measuring a party’s equity as a percentage of total equity.

An additional consideration for employers is the how remote work and hybrid work might affect diversity, equity, inclusion and access efforts.

;Pay Equity and Fairness: Pay equity is vital for fostering inclusivity and reducing legal risks.

For example, organizations will expand the use of key talent equity awards, temporary skills premiums and other ad hoc allowances to provide an edge in attracting and retaining key talent without locking in high payroll costs.

Pay Equity Laws by State Alabama Alabama Alabama became the 49 th state to enact a pay equity law.

Workspan Daily article;Total Rewards Competitiveness Analyzer: Understand How You Stack Up , Workspan Daily Plus+ article;How to Understand What Matters Most to Job Candidates , Workspan Daily Plus+ article;Trends in Workplace Flexibility , research; For Everyone EBSA Rescinds Guidance on Cryptocurrency in 401(k) Plans , Workspan Daily article;Blockchain Can Enhance Organizational Processes and Rewards , Workspan Daily article;Beyond Borders: Navigating Global Pay Transparency, Equity and Compensation Management , webinar;Essentials of Compensation Management , course; Reuse Permission With a U.S. presidential administration strongly supporting digital currency — perhaps most visible with President Donald Trump’s March 6 executive order to establish a strategic bitcoin reserve and a national digital asset stockpile — might now be the time to scroll ahead and get ready for when your employees ask to be paid in cryptocurrency?

Accordingly, federal agencies are raising awareness of accessibility for persons with disabilities and are improving their technological resources to make their workplaces more accessible to people with disabilities.

Beyond the potential pay equity benefits, the new mandates pose a litigation threat for businesses advertising jobs that can be performed in California and Washington, where the laws include a private right of action with a minimum damages award of $5,000 per person in the Washington statute.

For WorldatWork Members Ghosts in the Machine: Policing Provider Network Adequacy Issues , Workspan Daily Plus+ article;Ch-Ch-Ch-Ch-Changes: Navigating Group Health Election Modifications , Workspan Daily Plus+ article;Workplace Well-Being Trends , Research; For Everyone Busting Ghost Networks: What You Can Do on the Front End , Workspan Daily article;Employees Don’t Understand Their Health Plan: That’s a Big Problem , Workspan Daily article;Health and Welfare Plans: Plan Types and Administration , course; Reuse Permission Ghost networks — health plan listings containing inaccurate information such as outdated addresses or contact information, or providers who aren’t accepting new patients or don’t take that plan’s insurance — can lead to delayed care, health issues and financial challenges for your employees.