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The educational background of the respondents provides an interesting picture (see Figure 1).

Colorado Colorado Colorado’s Equal Pay for Equal Work Act , which goes into effect Jan. 1, 2021,prohibits all employers from discriminating between employees on the basis of sex by paying an employee of one sex a wage rate less than the rate paid to an employee of a different sex for substantially similar work, regardless of job title, based on a composite of skill.

For WorldatWork Members How Sharing Real-Time Data Elevates EY’s Well-Being Strategy , Workspan Magazine article;Workplace Wellness: Best Practices Study , Journal of Total Rewards article;How to Calculate the ROI on Your Wellness Program , Journal of Total Rewards article;Employers Ready to Shuffle Health, Well-being Partners for Better ROI, Employee Experience , Workspan Magazine article; Employers looking for a refresh, a total overhaul or a first stab at a well-being program this year will want to keep abreast of current wellness trends, allow technology to offer a helping hand and account for their individual workforce’s needs.

As with any evolving practice, however, compensation experts say there are new developments and considerations to stay on top of, from both a total rewards perspective and employee experience outcome.

GE had prided itself on spending more than $1 billion annually worldwide on training and education to develop what is considered its most important product: leaders (Ben-Hur, Jaworski, and Gray 2012).

Toward the HCE exemption, the DOL’s 2024 rule mandated that classified workers make at least: $132,964 in total annual compensation on July 1 (up from the previous $107,432 outlined in the 2019 final rule), and;$151,164 on Jan. 1, 2025.; Jordan’s Nov. 15 decision served to: Quash the Jan. 1 threshold increases;;Rescind the July 1 increases;;Eliminate another increase slated for July 1, 2027; and,;Nix the automatic “escalator” provision, which would have raised the thresholds every three years going forward, starting with the July 1, 2027, compliance date.; So, where does this all go from here?

Sun cautioned that even for companies like Airbnb that allow employees to “work from anywhere,” typically employees must still apply internally to work in another location, including having the proper visas in place before being able to legally work in a particular location and ensuring that the total time spent in a particular location doesn’t exceed a specific number of days.

How to Generate More Creative, Innovative Approaches Brainstorming is a familiar way to generate new ideas and concepts, but you can take a more disciplined approach to regularly embed innovation in your organization’s total rewards and HR programs.

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For WorldatWork Members Guidance on How to Avoid Common FLSA Classification Errors , Workspan Daily Plus+ article;The Gig Economy: The Joint Tax Consequences of Contractor Versus Employee Classification , Journal of Total Rewards article;The Pros and Cons of Recruiting Gig Workers , Journal of Total Rewards article;When Must an Employer Offer Benefits to Part-Time Employees?