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One of the main provisions of the legislation is providing an optional pathway for employers as of Jan. 1 to reward workers' student debt repayment efforts with matching contributions to an employee retirement account — a 401(k), 403(b), 457 or SIMPLE IRA.

Step 1: Draft a Better Employee Survey Not all employee surveys are created equal (and not all surveys are done well by employers, leading to subpar results).

When the law takes effect on Jan. 1, 2025, Illinois will become the eighth state to make it illegal for organizations to punish their workers for opting out of a “captive audience” meeting or reward workers for attending one.

The FTC estimates 30 million Americans — or 1 in 5 workers — are subject to noncompete agreements and related employment contracts and believes eliminating them would bolster opportunities, level the playing field for talent and increase wages.

But that would come out to a raise of just $1 an hour.

Almost universally, no mechanism received a “top 1-3” rating less than 25% of the time.

Editor’s Note: Additional Content For more information and resources related to this article, see the pages below, which offer quick access to all WorldatWork content on these topics: ;Employee Benefits; ;Total Rewards; ;Well-Being; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

Editor’s Note: Additional Content For more information and resources related to this article, see the pages below, which offer quick access to all WorldatWork content on these topics: ;Employee Compensation; ;Finance and Budgeting; ;Total Rewards; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

.; Editor’s Note: Additional Content For more information and resources related to this article, see the pages below, which offer quick access to all WorldatWork content on these topics: ;Employee Compensation; ;Employee Recognition; ;Finance and Budgeting; ;Organizational Performance; ;Workforce Engagement; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

Editor’s Note: Additional Content For more information and resources related to this article, see the pages below, which offer quick access to all WorldatWork content on these topics: ;Employee Benefits; ;Total Rewards; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.