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Revisit salary budgets to ensure they are competitive with market practices.

They’re even engaging in listening that’s more of a kind of trade-off analysis, where employees must choose one benefit over another to really help inform an employer where to prioritize and use their budget spend appropriately to drive employees’ perceptions of value.

Fed Agencies Receive Guidance to Boost Hiring Experience The U.S. government’s Office of Personnel Management (OPM) and Office of Management and Budget (OMB) issued a joint memorandum Aug. 14 to provide guidance to federal agencies on how to improve the hiring experience for job applicants, managers and HR professionals.

These might include: ;Human resources information system (HRIS) data; ;Benefits administration systems; ;Provider reports; ;Payroll systems; ;Accounting/budgeting systems; ;External benchmarking; ;Employee surveys; ;Government data; Once collected, work to reconcile data from the different sources to ensure you present correct and reliable data.

.; An analysis can be completed in Excel, or through a variety of analytics or third-party software and tools, depending on your time and budget, said Sean Luitjens, the general manager of total rewards at people analytics company Visier.

“Budgets are stretched thin,” said Kimberly Landry, LIMRA’s associate director of workplace benefits research.

“Supporting employees can be done in any context and on any budget.

For WorldatWork Members 2024-2025 Salary Budget Survey , research;FLSAImplementationToolkit , tool;DOL Overtime Rule Update: Fresh Guidance to Prepare, Act and Strategize , Workspan Magazine article; For Everyone Chevron Doctrine Overturned: What It Means for Employers , Workspan Daily article;Texas Court Blocks OT Final Rule; Impact Is Limited (and Wide-Ranging) , Workspan Daily article;The Latest on the Overtime Final Rule — In the Courts and News Reports , Workspan Daily article;Act Now (or Wait): Lawyer Chimes In as Initial OT Rule Date Approaches , Workspan Daily article;Overtime Final Rule: Insiders Share Ramifications, Recommendations , Workspan Daily article;Federal OT Rule Finalized; Are You and Your Org Ready for the Changes?

The plan includes three new budget proposals for this year: ;A digital career passport that combines academic records with verified experience from work, military service and training programs.; ;More money to community colleges so they can offer college credit for students’ work experiences, a process known as “credit for prior learning.”; ;A new state body that will bring together education and workforce leaders to create statewide goals and help coordinate the distribution of state and federal grants.; Netherlands Releases Pay Transparency Draft To comply with the EU Pay Transparency Directive, the Netherlands recently announced proposed amendments to its Equal Treatment of Men and Women Act.

But if that’s not within the budget for organizations, offering financial wellness services, resources or assistance on repayment options can still be quite beneficial.