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The law prohibits employees from working more than eight hours on that additional day and states hourly compensation on that day would include regular wages plus a 40% overtime premium.

; Access a bonus Workspan Daily Plus+ article on this subject: ;The Equity Alternative: Rewarding Employees Without Traditional Stock; The EBSA proposal implements a Congressional directive in the SECURE 2.0 Act of 2022 and responds to requests from ESOP stakeholders for guidance.ESOPs are federally regulated retirement plans that primarily invest in stock that is issued by the employer that sponsors the plan.

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WorldatWork members can access a bonusWorkspan Daily Plus+article on this subject: How to Understand What Matters Most to Job Candidates The Role of Demographics Younger workers are more vocal than previous generations about wanting to work for employers that are environmentally and socially conscious and inclusive, said Gordon Frost, global rewards solution leader at Mercer.

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That’s why employers are hoping to use AI to ensure all pieces of performance feedback and compensation decisions are fair and data driven, plus avoid bias that can arise from interpersonal relationships or favoritism, Teillard added.

;Key steps to price a single job and to design a market-based pay structure plus how to effectively communicate your market pricing methodologies to your organization.; Meet Our Faculty Meet our expert faculty , who bring their years of real-world experience and examples to the classroom.

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