Searching Employment Law on page 49

Part 1 focused on specifics of the law and what it means for EU employers.

For WorldatWork Members 2023 Total Rewards Inventory of Programs & Practices , research;Helping Employees Secure Their Retirement Future , Journal of Total Rewards article;Employer-Sponsored Student-Loan Repayment Benefits , Journal of Total Rewards article;Revisiting Retirement Benefits , Workspan Magazine article; With student loan debt in the U.S. totaling more than $1.7 trillion — and related stress significantly impacting workers’ mental health, productivity and retention — employers are increasingly exploring how to use total rewards to offer some relief.

More states and localities are enacting pay transparency laws in the U.S., which experts and data suggests will lead to increased pay equity over time.

Employers anticipate hiring 15% more college graduates from the Class of 2023 than they did from the previous year.

Employer requirements include: ;A written paid family and medical leave policy.; ;Providing at least two weeks of paid leave to all qualifying employees (and prorated for part-time employees).; ;Taking into account that paid leave must be for Family and Medical Leave Act (FMLA)-protected reasons, even if the employer or employee is not covered under that law.; As of Jan. 1, 2026, H.R. 1 expands eligibility to allow the employer to: ;Set employee eligibility at six months of employment, reduced from 12 months, while customarily working 20 hours per week.; ;Claim the credit in states with mandatory paid leave requirements.; ;Claim the credit for a percentage of either employee wages paid or PFML insurance premiums.; State and Local Laws Several states and cities have mandatory or voluntary paid family leave programs that generally offer partial wage replacement to qualifying employees.

One expert says the rule gives employers the flexibility to establish investment lineups that are best for their specific workforce, and that the rule doesn’t strictly prohibit the consideration of ESG factors, nor does it require it either.; In a change that’s been two years in the making, the U.S.

U.S. employers forecast raising their total salary budgets between 3.8% and 4.1% for 2024.

Workspan Daily article;DOL Proposes Rule on Valuing Employer Stock Purchased, Sold by ESOPs , Workspan Daily article;Is Your Organization Living Up to Its Employee Value Proposition?

The current federal law allows the agency to issue certificates under Section 14(c) of Fair Labor Standards Act , which lets employers pay certain workers less than the federal minimum wage based on the notion that their disabilities hinder productivity.

“Showing that a worker performed similar jobs for other employers was not enough to satisfy the business-to-business exemption,” said Bob Eassa, a partner specializing in labor and employment (L&E) in the San Francisco office of law firm Duane Morris.