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Australia Australia Hikes Minimum Wage in Response to Cost-of-Living Surge As of July 1, Australia’s employees on the minimum or award wage system saw a 5.75% rise in pay to $23.23 per hour, or $882.80 per week.

Rejection levels vary: ;26% of surveyed employers said AI rejects 1% to 25% of applicants.; ;25% said it rejects 26% to 50%.; ;11% said it rejects 51% to 75%.; ;3% said it rejects more than 75%.; Only 5% reported that AI doesn’t reject candidates at all.

Automatic enrollment becomes mandatory in 2025 for retirement plans established after late 2022, and new plans also must automatically escalate participants’ deferral rate by 1% a year, with maximums of 10% to 15%.

Make time for 1:1 meetings and explicitly ask about overwork and burnout.

Finally, EY closes its offices completely for the week of July 4th and the last week of December through Jan. 1.

As part of the agreement, any hourly New York City Chipotle worker is eligible to receive $50 for each week worked between Nov. 26, 2017, and April 30, 2022, and Chipotle will also pay $1 million in civil penalties to the city.

The 1% failure rate is derived from six failed votes observed to date, which is markedly below the 13 and 22 failed votes observed at a similar time in the proxy season in 2022 and 2021, respectively.

Under Internal Revenue Service (IRS) Section 125 rules , election changes could be made as late as Dec. 31, but administratively, it may be a nightmare for the employer to implement those changes before coverage begins on Jan. 1, so an earlier deadline is set.

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 Experience;Employee Recognition;Total Rewards;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.

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; ;Total Rewards; ;Organizational Performance;Career Growth; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.