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

Trusaic

If he does, it will take effect on January 1, 2023. . Still, SB 1162 requires employers to report median and mean hourly rates within each job category and for each combination of gender race/ethnicity, strengthening the DFEH’s ability to identify pay discrimination in employer compensation systems. .

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California SB 1162 Signed Into Law: Takes Effect Jan. 1

Trusaic

Effective January 1, 2023 , a mere three months from now, organizations around the country will have sweeping new reporting requirements to comply with. The first pay data reporting collection deadline is May 10, 2023. Affected organizations will need to publish their pay range disclosures in all job listings by January 1, 2023.

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Why Home-Based Care Needs Regular HR Audits 

MP Wired For HR

By regularly reviewing policies and procedures, companies can stay ahead of regulatory changes and avoid costly litigation. An HR audit can evaluate the effectiveness of recruitment strategies, compensation packages, and retention programs.

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Want a Career in Human Resources? Your In-Depth (2023) Guide

Analytics in HR

Compensation and benefits : HR ensures that employees are well cared for by giving them competitive salaries and benefits. HR also manages payroll and prepares and documents HR policies and procedures. For instance, HR professionals often negotiate compensation, and negotiation skills are valuable in sales and contract management.

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

15Five

It is notable that compensation and opportunities for growth/learning were tied for number presenting a profound opportunity for both HR and L&D professionals. . Want to join us next year for Thrive 2023? Sign up to get information about Thrive 2023 as soon as we can share it. Sign up for early access >.

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California SB 1162: Frequently Asked Questions

Trusaic

It takes effect on January 1, 2023. . The requirement for employers to affirmatively disclose pay ranges in job postings goes into effect on January 1, 2023. But employers have until May 10, 2023, to submit their first pay data reports. Verifying that your record-keeping policies comply with SB 1162 California’s requirements.

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Starbucks removes DE&I requirements from executive pay structure

HR Brew

At its annual meeting last month, 92% of Starbucks investors approved the new pay structure, according to Bloomberg Law , reversing a 2023 policy that tied 7.5% Companies including Booz Allen Hamilton , Salesforce , and Hewlett Packard Enterprise tie DE&I to bonuses and compensation. “I The latest.