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.; “Overarchingly, I see SECURE 2.0 as a material set of enhancements to the original SECURE designed to expand retirement savings access to more Americans — and at a greater rate — in an easy-to-administer fashion for employers,” said Michelle Richter, executive director at the Institutional Retirement Income Council, in New York City.

;More than 365,000 U.S. children are currently in foster care (a statistic brought to light for May’s designation as National Foster Care Month ).

To succeed these days, they need to: ;Think like a data analyst; ;Communicate like a public relations expert; ;Understand compensation like a financial wiz; ;Design benefit packages like an architect; ;Align strategies with business objectives like a CEO; ;Navigate regulatory compliance like a risk manager; ;Grasp legal compliance like a lawyer; This article focuses on those last two bullet points since TR compliance, particularly with wage-and-hour rules and regulations, can keep you and your team in good standing with organizational leadership, the general workforce, counsel and government agencies.

Businesses would need to separately report tips and overtime earnings on employees’ W-2 forms and, for non-employees (including gig workers), report payment portions designated as tips.

A Move Toward Tuition Assistance To address these barriers, Spectrum partnered with talent development vendor Guild to design an additional tuition program that would better meet the needs of Spectrum’s entire workforce.

.; ;Design a process to address evolving interpretations and compliance nuances with legal counsel.; 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; ;Organizational Performance; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

Directly linking TR and performance means basing compensation and rewards decisions, such as merit increases or incentive payouts, on how employees perform against set goals and competencies, said Christina Hussong, the senior director of work and rewards and the global incentive plan design solution leader at consulting firm WTW.

“A thoughtfully designed tender offer can demonstrate that the company’s shares have real, tangible value.

“To realize their cost savings and clinical impact, employers can provide member education, promote cross-stakeholder alignment and create plan design opportunities as more biosimilars continue to enter the market.”

For WorldatWork Members What Are TR Pros’ Options for Paid Care Leave Design , Workspan Daily Plus+ article;Take Steps to Invest in Women Workers’ Success , Workspan Daily Plus+ article;Wellness Woes: Why Aren’t Employees Using Your Benefits?