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Key Takeaways Australia Implements ‘Right to Disconnect’ Law;IRS Approves Retirement Plan Amendments for Contribution Allocation;Survey: 87% of Companies Will Have Returned to Office by 2025;Apple Cuts Jobs in Online Services Group; Australia Implements ‘Right to Disconnect’ Law As reported by Reuters , Australian employees can now ignore work emails and calls that come in after hours, thanks to a new “right to disconnect” law.

Key Takeaways Bank of America Raises Minimum Wage for its Workers to $24 Per Hour ;Volkswagen Could Close a German Plant for First Time Ever;NLRB: Amazon is ‘Joint Employer’ of Some Contracted Delivery Drivers;Machinists Union Nix Boeing Deal, Begin Strike; Bank of America Raises Minimum Wage for its Workers to $24 Per Hour Bank of America has announced it is raising its minimum wage to $24 per hour.

.; Ongoing, annual education is a key to help workers understand and address their student debt, said Betsy Mayotte, the president and founder of the Institute of Student Loan Advisors.

Open communication and honesty with workers are key components of a successful conjoint analysis, said Julie Cunningham, the vice president of total rewards and talent at Whole Foods Market, who utilized the methodology to analyze total rewards needs in her previous role as vice president of compensation and benefits at InterContinental Hotels Group, Americas.

Access a bonus Workspan Daily Plus+ article on this subject: ;Don’t Underestimate the Power of Non-Financial Rewards; Key findings from the compensation software and data company’s report include: ;Participating organizations plan to give, on average, a 3.5% pay increase in base salary in 2025, down slightly from last year’s 3.8%, with smaller organizations leading with higher raises.; ;47% said they are experiencing increased tension between ensuring fair pay and optimizing spend.; ;A significant 31% of organizations identify unfair pay as the primary reason for losing talent, highlighting the damaging impact of pay inequity.; ;While investment in pay equity has declined 5% since 2024 , it has increased 19% since 2020 and remains a focus for most organizations (57%).; “In 2025, the tension isn’t just economical — it’s emotional,” said Alicia Scott-Wears, a compensation content director at WorldatWork.

Data from the report points to several key drivers of retention, including: ;Management-related turnover rose from 7.4% in 2022 to 9.6% in 2024 , emphasizing the critical role managers play in shaping the experience of new hires.; ;15.1% of first-year turnover was attributed to work-life balance.

Key Takeaways New FSA contribution limit.

The key federal legal requirement is ensuring all work expenses, including mileage, do not reduce an employee’s effective wage below the federal minimum wage of $7.25 per hour.

"This key partnership with WorldatWork will ultimately create a gold standard for Total Rewards best practices in Greece and Cyprus that will empower our industries to attract and retain global talent."

Key Takeaways It should make sense to the business.