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Let’s level-set on each of these: Catch-up Contributions Up to this point, retirement plan participants aged 50 or older have been able to make extra elective deferrals on an annual basis (a.k.a.

In late 2024, a New York City councilman introduced legislation to update the city’s Earned Safe and Sick Time Act to include time off to care for pets and service animals.

Course Job Titles & Grades: Creating an Interactive Matrix in Excel Learn to set up a matrix of job titles and grades in Excel that will save you time for years to come.

: Belmont, Burlingame, Cupertino, Daly City, East Palo Alto, El Cerrito, Foster City, Half Moon Bay, Hayward, Long Beach, Los Altos, Menlo Park, Mountain View, Novato, Oakland, Palo Alto, Petaluma, Redwood City, Richmond, San Carlos, San Diego, San Jose, San Mateo, Santa Clara, Santa Rosa, Sonoma, South San Francisco, Sunnyvale, West Hollywood; ;Colorado: Boulder, Denver, Edgewater; ;Maine: Portland, Rockland; ;Minnesota: St.

Massachusetts is the latest state to vote on pay transparency legislation and is set to join a growing list with laws in place.

Two six-month performance periods allow companies to set more accurate goals, provide two discrete opportunities to earn an annual incentive payout and use information gleaned in the year’s first half to set goals for the second half.

One such program, Live Near Your Work, is a partnership with participating employers and the City of Baltimore that specifically encourages homeownership near workers’ places of employment.

Policy manuals, compensation philosophy statements and articles on managing compensation often use the terms “internally equitable” and “externally competitive” in reference to setting pay rates.

In this new and evolving world, it may not be surprising to learn mature rewards organizations are more competitive and agile, and get there by using diverse data sets to sense market conditions and the workforce’s wants and needs, and incorporating those insights to regularly update rewards offerings to emerge from a crowded market.