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KPMG laid off about 5% of its U.S. staff in June — including advisory, tax and back-office people — four months after cutting some advisory personnel, nearly 2% of U.S. staff.

In June, it announced plans to trim an additional 200 jobs, or 2% of its workforce.

Sickness or Disability When an employer has 1) a PTO plan that can be used for sick days and 2) the employee is not yet eligible for that PTO or has exhausted that bank, then the employer may dock the employee’s salary in full-day increments only.

Trend #2: The rising cost of benefits will be a core focus for HR/TR teams.

.; Course 2: Strategy and Design Application Learn the intricacies of sales compensation design and how all the elements work together for success.

.; ;Only 2% of respondents said they aren’t worried at all about their financial future.; Along with delaying retirement, many of the surveyed older workers also are making significant lifestyle and investment changes: ;41% have made changes to their investment strategy due to market instability.; ;Just 8% said they’re staying the course with no changes.; Even as they delay retirement, many older workers already are drawing from their retirement savings, often out of necessity: ;61% of the respondents said they are regularly withdrawing from their retirement accounts.; ;30% dip into savings occasionally, for specific expenses.; ;8% are holding off and saving their funds for later.; IBM to Pay $17 Million in DEI Settlement In a first-of-its-kind “ Civil Rights Fraud Initiative ” case, computer technology company IBM has agreed to pay $17 million to the U.S. government in a settlement after President Donald Trump’s administration claimed the firm had discriminatory diversity

This year’s increase compares to general inflation of 2.7% and wage growth of 4% during the same period.

The company, which also offers paid foster leave, ranked No. 2 (behind Nvidia) on the foundation’s separate “impact” list , measuring the overall reach of large companies.

Pitfall #2: Improper Tip Pooling Under the FLSA, employers may require employees to share or “pool” tips with other eligible employees.

Starting Sept. 2, employees at the retail chain’s downtown Minneapolis headquarters will have the opportunity to pick what days during the week suit them best, based off their schedule.