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What are the odds of full blockage?

In Luxembourg, it’s customary for employees to receive an additional month’s salary, known as 13th-month pay, from their employer each December, and in the Netherlands, minimum wage for a full-time employee is $2,152 per month, nearly double that for their American counterparts.

Do: Focus on Scenario Planning and Optimization Don’t: Focus on Cutting Costs Cutting costs is a tried-and-true tactic for leaders to ensure the business is fiscally responsible in tight times.

To strike that balance, Mosher encouraged employers and total rewards (TR) professionals to: ;Diversify a “wage-heavy” TR package with a larger focus on benefits , career development and recognition.; ;Use technology and artificial intelligence (AI) to automate certain administrative HR tasks to create more space for strategic initiatives.; ;Effectively communicate the full employee value proposition to workers, including the value of non-monetary benefits — and be transparent about changes to compensation and benefits.; ;Invest in your workers’ career growth — bolstering retention and cutting back on the costs of needing to hire externally.; ;Check your work through engagement surveys to keep your finger on the pulse of employee needs and sentiment related to TR decisions.; Other strategies for TR pros, according to Sue Holloway, a compensation content director at WorldatWork, include scaling back less-utilized programs and more strongly utilizing non-monetary rewards such as

Existing workers did not receive pay cuts.

Smucker’s headquarters is now about 70% to 80% full, which is above the national average.

House of Representatives narrowly passed a budget resolution that includes $4.5 trillion in tax cuts over the next decade.

Under the planned changes, workers must have worked for at least 43 years to be entitled to a full pension.

DOL Head Vows to Uphold Laws Amid Proposed Cuts Secretary of Labor Lori Chavez-DeRemer on Thursday, June 5, provided her take to lawmakers about how the DOL will do “more with less” to protect American workers, as the Trump administration aims to cut the department’s budget by 35% — primarily by laying off 4,000 full-time employees (approximately one-fourth of its workforce) in 2026.