Searching Compensation on page 74

From an organizational and compensation standpoint, the new law also presents some new compliance responsibilities for local and corporate franchisors, said Kaleb Berhe, a Los Angeles-based labor and employment associate at Foley & Lardner.

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Start Preparing Now Businesses can start preparing now by internally reviewing their employee compensation and conducting a pay equity analysis.

The 3rd Circuit panel said that while a salary is a fixed amount of compensation paid out at regular intervals, paid time off is a fringe benefit that has no effect on a worker's wages and can be paid irregularly, such as when an employee leaves a company.

Court of Appeals for the Fifth Circuit in New Orleans, which covers Louisiana, Mississippi, and Texas, upheld a district court’s decision that two highly compensated IT engineers were not properly paid on a salary basis and, therefore, not exempt from the overtime requirements of the Fair Labor Standards Act (FLSA).

Central to the directive is the principle of “equal pay for equal work of equal value,” aimed at eliminating pay discrimination by requiring that roles of comparable worth be compensated equally, regardless of the gender of the employee.

Additionally, compensation committees could need to consider utilizing negative discretion.

Out of that total, the compensation for 390 days is calculated based on a person’s full income, while for the remaining 90 days, people get a fixed amount of 180 kronor ($17) per day.

Judging from the list of the 25 most-viewed articles during the past calendar year, particular subjects of interest included: ;Salary budget surveys for compensation planning; ;Employment law and regulatory compliance; ;Pay practices; ;Pay transparency; ;Job architecture; ;Hybrid and return to the office; Those are not really surprising considering prominent themes from 2024 included: ;A cooling job market; ;U.S. federal agencies issuing final rules; ;Employers and business organizations filing lawsuits against those final rules; ;American states proposing or passing pay transparency laws, as well as continuing momentum occurring at the global level; ;A tightening U.S. and global economy; ;The search for leading practices to maintain or enhance competitiveness in talent acquisition and retention; ;The continually changing state of the post-COVID-19 workplace; Check out the full most-viewed articles list below.

Economy Remains a Primary Budget Driver Payscale’s study found that while most surveyed organizations (66%) anticipate their compensation budget will remain the same, those that forecast an increased budget or a decreased budget generally pointed to economic factors as the core reasons for a shift.