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Watch Out California Employers: SB 1162 On Track To Become Law

Trusaic

Newsom has until September 30, 2022, to sign the bill into law. It’s worth noting that the requirement to publicly disclose pay data reports was removed as part of the recent round of amendments. As previously noted, pay data reporting is an effective method for eliminating gender and race/ethnicity pay discrimination.

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5 Things We Learned About the Future of Work From Heather McGowan at Thrive 2022

15Five

According to the latest Staffing Industry Analysts Report , the demand for healthcare staffing has grown 85%, and according to the most recent Burning Glass Institute Report only one person is currently studying to be a nurse for every 10 positions in the field. Sign up for early access >.

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Workforce Planning is a Team Sport: Collaborating for Success

MP Wired For HR

Joint Reporting and Metrics: Creating joint reporting structures that incorporate both HR and finance metrics can lead to more comprehensive insights. These reports should highlight key performance indicators (KPIs) relevant to both departments, promoting accountability and shared goals.

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Four Priorities for Total Rewards Leaders in 2022 (i4cp login required)

i4cp

In particular: evolving policies (including geographic differentials in compensation) associated with remote and hybrid work, return-to-workplace considerations, and strains on organizations, people, and resources resulting from headcount growth. Another development presenting complexity for TR is shifting work models.

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57.8% of US job postings on Indeed included some compensation information in September

HR Brew

Salary transparency has been on the rise since 2019 when fewer than 25% of job postings on Indeed included any compensation information. increase from 2023, but a slowdown from 2022, when there was a 15.7% Women earned 83% of what men made, down from 84% in 2022. In September, 57.8% Big picture.

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California SB 1162 Continues Through State Legislature

Trusaic

SB 1162 makes significant amendments to California’s SB 973 pay data reporting law by specifically enhancing the reporting aspect for employers. . If signed into law, SB 1162 would require employers to report on mean and median hourly rates for employees at the intersections of gender and race/ethnicity for each job category.

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Navigating EU CSRD and Pay Equality

Trusaic

EU Corporate Sustainability Reporting Directive: What It Means for Pay Equity The European Union (EU) Corporate Sustainability Reporting Directive (“CSRD”) was published on December 16, 2022 by the EU Commission. Reporting on pay equity is a key element for all companies required to produce an Annual Sustainability Report.