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HR Outsourcing Trends and Statistics SMBs Should Know

Extensis

Quick look: By 2026, the HR outsourcing market is expected to grow by $10.90 Diversity, equity, and inclusion (DEI) consultants : Firms or individual professionals who help businesses develop inclusive, diverse workforce policies and programs. billion between 2021 to 2026. But what is causing this rapid expansion?

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Iceland’s Path Toward Shrinking the Gender Pay Gap

Trusaic

Currently, Icelandic companies and institutions with an average of 25 or more employees must obtain Equal Pay Certification. Icelandic employers with operations in the EU will need to begin updating their HR policy and practices to prepare for the more extensive requirements of the upcoming EU Directive.

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Italy’s Path Toward Shrinking Gender Pay Gap Under EU Directive

Trusaic

In effect, by 2026, all large employers (250+ employees) must report gender pay gaps. Employers that submit the equality report and meet certain gender criteria can apply for a Gender Equality Certificate. The presence of company policies to ensure an inclusive and respectful work environment. Recruitment processes. Governance.

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Luxembourg’s Path Toward Shrinking the Gender Pay Gap Under EU Directive

Trusaic

Thus, employers should act now to update their HR practices and policies to prepare for the in-depth requirements of the EU Directive. By 2026, EU employers with 250 or more employees must report on gender pay gaps. Likely implementation dates are 2026, however, some countries may enact legislation earlier.

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Accelerating Bold Climate Efforts With Science-Based Targets

Workday

Workday commits to reduce absolute scope 3 business travel greenhouse gas emissions by 25% by fiscal 2026 (using fiscal 2020 as our base year). Workday commits that 70% of our suppliers, by spend covering purchased goods and services and capital goods, will have science-based targets by our fiscal year 2026.

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Maryland PFML: Hit the Pause Button

Alight | ReedGroup

The availability of benefits has shifted from January 1, 2025, to January 1, 2026. Contributions originally slated to begin October 1, 2023, have been moved to begin October 1, 2024. In addition to moving those due dates out by one year, there are quite a few additional adjustments.

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DOL’s New Rules for 401(k)s and Group Health Plans: What Brokers and Their Clients Should Know

Extensis

Beginning in 2026, employees who earn less than $71,000 annually will receive a 50% match up to $2,000 in employee cash contributions, meaning the government will provide a maximum amount of $1,000 to be directly deposited into an employee’s retirement account. Saver’s match SECURE 2.0