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Key Takeaways A talent shortage in the retail sector .

Key Takeaways New salary threshold for overtime eligibility.

Key Takeaways Minnesota now has a paid sick and safe leave law.

Key Takeaways A bump in pay.

Key Takeaways Workplace models are under the microscope.

Key Takeaways Definition of fiduciary is updated.

Considerations for Selecting the Interim CEO Key decisions are required when appointing an interim CEO, and each one helps inform the compensation package: Succession management.

“The shift is moving from theoretical planning to practical experimentation and adoption,” said Turba, who authored an article in the Q1 2024 issue of WorldatWork’s Journal of Total Rewards , “ TR Is Key to Successfully Integrating AI and Work . ” Turba advised TR pros to “i dentify areas where the organization is investing in expanded AI capabilities, such as data warehousing or service bot models, and determine how to leverage these resources to enhance total rewards impact.”

“It’s important for HR professionals to get internal buy-in from key stakeholders like the safety committee, or [one focused on absence and productivity], or the communications team, because then they’re all marching in the same direction to address real business objectives,” she said.

“This directly impacts employers from a retention and turnover perspective, as well as impacts their bottom line in areas such as increased recruiting costs and loss of key talent,” she said.