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Workspan Daily
07/08/2025
.;
;Offer a bird’s-eye view of an overall compensation system, bringing patterns to the surface that might not have been noticed in isolation.;
;Incorporate corporate-wide salary information and
market data to better equip managers to make equitable, consistent compensation decisions.;
;Urge managers and total rewards (TR) professionals to think through and justify their salary decisions or
performance ratings — capturing that information, identifying patterns and codifying them to create more robust data and systems moving forward.;
;Generate personalized talking points to help managers explain pay decisions to employees.;
;Provide data to back up compensation decisions.;
;Apply compensation rules the same way every time, helping avoid bias.;
;Hunt down inconsistencies and outliers, compare roles across demographic groups and regularly conduct pay equity audits.;
“AI can reduce bias by creating a single, consistent, inspectable and fair methodology for determining pay,” said Sara
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Workspan Daily
02/18/2022
More importantly, it is a tool for boards to use
in upholding their legal fiduciary duties that the organization is
well-governed, even in trying times.
Author(s):
Workspan Daily
09/28/2023
Location-based pay policies are anchored in a “location” for the employee, so that even if the worker is moving every day, a system will have a “location” for the worker or position.
Author(s):
Workspan Daily
06/13/2025
He stated, “There are many issues that require regulatory clarity and stability so that the system can function properly, including (1) modernizing
defined contribution plans to include alternative investments, such as private equity and
cryptocurrency ; (2) the consideration of ESG [ environmental, social and governance ] factors; (3) the
fiduciary rule as applied to [individual retirement account] rollovers; (4) mental health parity; (5) plan forfeitures; (6) pension risk transfers; (7) tobacco and vaccine surcharges and wellness programs; (8) managing pharmacy benefit managers and healthcare costs; and (9) cybersecurity to protect participants assets — just to name a few key issues.
Author(s):
Workspan Daily Plus+
08/13/2025
Upgrade systems where needed.;
;Review data accuracy procedures and compliance with the EU’s General Data Protection Regulation (GDPR) and other privacy regulations.;
Review Job Evaluation System
;Review current job evaluation methodology to ensure gender neutrality (e.g., a point-factor system).;
;Adopt a formal job evaluation system, if not already in place, that compares jobs based on skills, effort, responsibility and working conditions, regardless of job title.;
;Confirm your global job architecture aligns with the job evaluation.
Author(s):
Workspan Daily
10/02/2025
Next Steps for Employers
According to
experts at legal news and analysis firm JD Supra, employers and retirement systems will need to consider the following as they prepare for implementation:
;Review payroll systems to ensure accurate tracking of FICA wages.;
;Determine whether the plan will adopt an optional aggregation rule for FICA wages.;
;Consider adopting a deemed Roth catch-up election provision and determine what design approach is best supported by the plan’s administrative processes.;
;Review plan materials to ensure the Roth catch-up rules for higher-earner participants (including application of a deemed election) are adequately communicated to participants.;
;Update correction procedures for noncompliant contributions, including the special correction methods for plans that adopt a deemed Roth catch-up provision.;
;Coordinate with recordkeepers and payroll providers to ensure accurate tax reporting and implementation of deemed Roth catch-ups.;
;Document plan operation
Author(s):
Workspan Daily Plus+
12/09/2025
Using the CE Method
This classic methodology sends identical information (such as a resume) into a system but changes just one variable (e.g., gender, name, zip code, etc.) to observe different outcomes.
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Journal Article
03/15/2023
While Republican support for strengthening the current system dwindled slightly since 2020, a significantly higher share of independent voters compensated for this decline in 2022.
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Workspan Daily Plus+
05/12/2026
Verify that your human resources information systems (HRIS) and payroll systems are communicating correctly, especially regarding termination dates, to prevent ghost paychecks.;
;Review shadow payroll.
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