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The Nova Scotia government updates the minimum wage every April 1, using the previous year’s Consumer Price Index as a benchmark and adding an extra 1%.

; Access bonus Workspan Daily Plus+ content on this subject: Take Steps to Understand and Address the Student Debt Problem; The matching provision has been permitted for plan years starting Jan. 1, 2024, or later.

Reiman: In the nearest term, this is creating a spreadsheet scramble for compensation professionals looking to identify nonexempt workers falling below the July 1, 2024, and January 1, 2025, thresholds.

WorldatWork HRCI* SHRM** Credits 1 compensation-domain specific 1 1 *HRCI: This program has been approved for 1 (HR (General)) recertification credit hour toward aPHR™, aPHRi™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through the HR Certification Institute.

;The Impact of the H.R. 1 Law on the Telehealth Safe Harbor; Access additional Workspan Daily Plus+ articles related to H.R 1: Checklist for Total Rewards to Be Compliant with H.R. 1 Provisions;The Ripple Effect: 529 Plans as a Catalyst for Financial Stability;What Are TR Pros’ Options for Paid Care Leave Design; Editor’s Note: Additional Content For more information and resources related to this article, see the pages below, which offer quick access to all WorldatWork content on these topics: ;Employee Compensation; ;Total Rewards; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

Salary History: Effective Jan. 1, 2018, all employers are prohibited from seeking a candidate’s pay history .

We have found the following trends in our qualitative review: Trend 1 – High usage rates of performance equity. 85% of Quadrant 1 companies placed more than 50% weight on PSUs in their LTI mix.

Effective July 1, the salary threshold will increase to the equivalent of an annual salary of $43,888 and increase again on January 1, 2025, to $58,656.

This scenario, he added, is driven by three key factors: rising provider costs, continued demand for high-cost drugs like glucagon-like peptide-1 (GLP-1) and increased behavioral health utilization.

WorldatWork HRCI* SHRM** Credits 1 general 1 1 *HRCI: This program has been approved for 1 (HR (General)) recertification credit hour toward aPHR™, aPHRi™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through the HR Certification Institute.