2026 and Compensation - Human Resources Today

Navigating EU CSRD and Pay Equality

Trusaic

APRIL 4, 2023

The Pay Equity Related Standard and Auditor Requirements of the EU Corporate Sustainability Reporting Directive state: “Under the draft standards, the employer must report the Basic Salary and Remuneration Ratio (or Annual Total Compensation Ratio) between male and female employees.

Staffing Software

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HR Outsourcing Trends and Statistics SMBs Should Know

Extensis

APRIL 11, 2023

Quick look: By 2026, the HR outsourcing market is expected to grow by $10.90 ASOs handle day-to-day HR administration but do not sponsor employee benefit programs or workers’ compensation coverage. billion between 2021 to 2026. But what is causing this rapid expansion?

HR Software

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Healthcare Recruitment 2020: The Good, the Bad and the Future

Hospital Recruiting

DECEMBER 21, 2020

The Bureau of Labor Statistics’ Employment Projections 2016-2026 listed nurses among the top occupations for job growth, estimating almost 3.5 Recommendations may be considered to reduce turnover with more attractive compensation and benefits packages. Lack of talent. million vacancies in the next six years.

Recruiting Software

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Pay transparency is coming for the global workforce. Is your HR department ready?

HR Brew

MAY 1, 2024

While pay transparency has been top of mind for many US-based HR managers in recent years, legislation requiring companies to share more information about compensation is taking effect across the world. Best practices. Communications.

HR Software

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Contingent Staffing’s Place in Healthcare HR’s Strategy

Precheck

NOVEMBER 13, 2018

Healthcare organizations are increasingly relying on a flexible workforce to keep fully staffed during busy times or to compensate for seasonal labor fluctuations. economy through 2026, accounting for about 20 percent of all new jobs, according to projections by the Bureau of Labor Statistics. work in the healthcare sector.

Staffing Software

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NLRB and DOL Going After Worker Misclassification

Zenefits

FEBRUARY 11, 2022

The FLSA is a federal law that requires employers to pay a minimum wage and overtime compensation for hours worked in excess of a 40-hour workweek. The agreement will be in effect until December 2026. The Wage and Hour Division enforces the Fair Labor Standards Act (FLSA), and the Family and Medical Leave Act (FMLA).

Wage and Hour Training

Wage and Hour Training Compliance Exercises Payroll

7 Recruiting Competencies to Guide the 21st Century Recruiter

Workology

AUGUST 30, 2016

Their compensation split is much different. Talent assessment of knowledge, skills and abilities (KSA) will remain a critical recruiting skill whether you are a recruiter in 2016 or 2026. An agency recruiter works for an organization that specializes in staffing companies typically by a specific niche, silo or vertical.

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Iceland’s Path Toward Shrinking the Gender Pay Gap

Trusaic

JULY 18, 2024

Employers in Iceland are only required to report on compensation every three years. Eliminate the Complexities of Global Pay Data Reporting Icelandic employers with operations in the EU should proactively evaluate their current pay practices and overall compensation philosophy. Not asking job candidates about their salary history.

Hiring Software

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

Trusaic

AUGUST 1, 2024

By 2026, EU employers with 250 or more employees must report on gender pay gaps. Leverage Software to Conduct an Intersectional Pay Equity Audit Lithuanian organizations should proactively evaluate their current pay practices and overall compensation philosophy. By 2031, smaller organizations (100+ employees) will have to comply.

Hiring Software

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Germany’s Path Toward Decreasing the Gender Pay Gap Under the EU Directive

Trusaic

APRIL 25, 2024

Thus, all German employers will have to make a significant adjustment to make ahead of its anticipated implementation in June 2026. Additionally, German employers should proactively evaluate their current pay practices and overall compensation philosophy. By 2031, all smaller employers (100 or more employees) will have to comply.

Assessment Software

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

Trusaic

APRIL 9, 2024

However, there will be some additional requirements imposed upon them as the law, which must be in effect by June 2026, progresses. Spanish employers should proactively evaluate their current pay practices and overall compensation philosophy. In effect, by 2026, all large employers (250+ employees) must report gender pay gaps.

Planning Tools

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Belgium’s Path Toward Closing the Gender Pay Gap Under EU Directive

Trusaic

FEBRUARY 27, 2024

Belgian employers should proactively evaluate their current pay practices and overall compensation philosophy. In effect, by 2026, all large employers (250+ employees) must report gender pay gaps. As we’ve previously noted, the EU Directive deliberately uses the wider term of “worker” versus “employee” to account for contractors.

Discrimination

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UK Set to Expand Pay Gap Reporting Requirements for Employers

Trusaic

NOVEMBER 19, 2024

Employers are required to calculate six metrics measuring the difference in compensation by gender: Percentage of men and women in each hourly pay quarter, Mean gender pay gap of hourly pay, Median gender pay gap of hourly pay, Percentage of men and women receiving bonus pay, Mean gender pay gap of bonus pay, and Median gender pay gap of bonus pay.

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

Trusaic

JULY 25, 2024

Achieve Authentic Pay Equity With Software By 2026, EU employers with 250 or more employees must report on gender pay gaps. Further, Latvian employers should proactively evaluate their current pay practices and overall compensation philosophy. Likely implementation dates are 2026, however, some countries may enact legislation earlier.

Assessment Software

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CSRD Reporting Standards Take Effect January 1, 2024

Trusaic

SEPTEMBER 26, 2023

In terms of pay data reporting, ESRS Standard 1 requires organizations to disclose: “ the percentage gap in pay between women and men and the ratio between the compensation of its highest paid individual and the median compensation for its employees. Reporting in 2026 on 2025 data ).

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

Trusaic

MAY 7, 2024

Streamline Your Global Pay Data Reporting Efforts Italian employers should proactively evaluate their current pay practices and overall compensation philosophy. In effect, by 2026, all large employers (250+ employees) must report gender pay gaps. Compensation equity by gender. Details of full-time and part-time contracts.

Hiring Software

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

Trusaic

AUGUST 22, 2024

By 2026, EU employers with 250 or more employees must report on gender pay gaps. Luxembourg organizations should proactively evaluate their current pay practices and overall compensation philosophy to ensure accuracy of their gender pay gap data. Prepare to act when pay gaps exceed 5%. Do You Have a Global Pay Equity Strategy?

Recruiting Software

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Pay Equity Remediation Is Prevalent: Proceed With a Foundation of Compliance

Trusaic

AUGUST 15, 2024

Organizations increasingly recognize the value of achieving pay equity and being transparent about their compensation philosophy as part of their talent management strategy. The “E” should be at the forefront of all your workplace practices, including compensation.” The “E” is essential to the equation. And it extends from there.

Hiring Software

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Finland’s Path Toward Decreasing the Gender Pay Gap Under the EU Directive

Trusaic

APRIL 30, 2024

Additionally, Finnish employers should proactively evaluate their current pay practices and overall compensation philosophy. In effect, by 2026, all large employers (250+ employees) must report gender pay gaps. Likely implementation dates are 2026, however, some countries may enact legislation earlier.

Planning Tools

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Switzerland’s Path Toward Shrinking the Gender Pay Gap

Trusaic

JUNE 25, 2024

Eliminate the Complexities of Global Pay Data Reporting Employers with operations in the EU should proactively evaluate their current pay practices and overall compensation philosophy. In effect, by 2026, all large employers (250+ employees) must report gender pay gaps.

Hiring Software

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Sweden Releases Its Proposed Amendments of EU Pay Transparency Directive

Trusaic

JUNE 13, 2024

Employers with operations in Sweden should proactively evaluate their current pay practices and overall compensation philosophy. In effect, by 2026, all large employers (250+ employees) must report gender pay gaps. Predominantly female jobs compared to lower-valued jobs that are not predominantly female but receive higher compensation.

Interview Software

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

Trusaic

MAY 30, 2024

Employers with operations in Portugal should proactively evaluate their current pay practices and overall compensation philosophy. In effect, by 2026, all large employers (250+ employees) must report gender pay gaps. Likely implementation dates are 2026, however, some countries may enact legislation earlier.

Planning Tools

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

Trusaic

MAY 23, 2024

Employers with operations in Ireland should proactively evaluate their current pay practices and overall compensation philosophy. In effect, by 2026, all large employers (250+ employees) must report gender pay gaps. Likely implementation dates are 2026, however, some countries may enact legislation earlier.

Assessment Software

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

Trusaic

MAY 14, 2024

Streamline Your Global Pay Data Reporting Efforts Employers with operations in Denmark should proactively evaluate their current pay practices and overall compensation philosophy. In effect, by 2026, all large employers (250+ employees) must report gender pay gaps. All 27 member states are required to adopt the directive.

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Brazil Salary Transparency Reporting Deadline Looms

Trusaic

AUGUST 29, 2024

Create a compensation philosophy. When carried out correctly, it helps to ensure consistency in compensation decisions. Globally, the most impactful legislation is the EU’s Pay Transparency Directive which will be in effect for all member states by June 2026. Consider Wage Influencing Factors (WIFs) in your company.

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Equal Pay Transparency Hearing Scheduled in Colorado

Trusaic

OCTOBER 24, 2023

That’s alongside providing compensation, benefits, full-time or part-time status, duties, and access to further advancement. Nor do compensation posting requirements if the jobs are performed entirely outside of Colorado or postings entirely outside Colorado. EU member states must transpose the Directive into law by June 7, 2026.

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Ireland Gender Pay Gap Reporting Deadline Nearing

Trusaic

NOVEMBER 12, 2024

The analysis should take into account variable compensation such as bonuses, equity awards, etc. The EU Pay Transparency Directive , which will be enacted in some member states as soon as 2025 and will be in effect for all member states by June 2026, is the tipping point. tends to slowly follow.

Report

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California Employment Laws Starting 2025

HRWatchdog

OCTOBER 1, 2024

Small businesses with 25 or fewer employees would be required to start paying at least $17 per hour next year, and $18 per hour in 2026. Required Poster and Notice Updates California law requires employers to provide employees with notice of their rights under workers’ compensation laws via posted notice.

Employment Law

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Navigating Pay Transparency: Stay Compliant with Pay Equity Software

Trusaic

DECEMBER 7, 2023

Workers who suffer gender pay discrimination are entitled to uncapped compensation, including full recovery of back pay and related bonuses. Employers have until June 7, 2026 before EU pay transparency is transposed into law. Pay equity means employees are compensated fairly for their work, regardless of gender, race, or other factors.

Hiring Software

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Equal Pay Protection & Brexit: What’s Next for the UK?

Trusaic

OCTOBER 26, 2023

EU Pay Transparency Directive versus UK employment laws EU member states face significant changes to pay transparency legislation, which must be transposed into law by June 7, 2026. Compensation will not be capped. There is a ban on salary history. Member states must establish sanctions for failure to comply.

Discrimination

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How to Prepare for EU Transparency Directive Implementation

Trusaic

SEPTEMBER 7, 2023

Organizations have three years – until June 7, 2026 – before pay transparency legislation is transposed into law. In effect, by 2026, all large employers (250+ employees) must report gender pay gaps. It’s just a few months since new pay transparency legislation became EU law. But three years is only a short time when the EU faces a 12.7%

Wage and Hour Training

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Closing the Gender Pay Gap: Why Women Can’t Wait Another 50 Years

Trusaic

AUGUST 17, 2023

Closing the gender pay gap: the EU Pay Transparency Directive Staying a step ahead of the rest of the world is the EU Pay Transparency Directive , which must be transposed into law by 2026. The burden of proof is on employers to prove there is no pay discrimination.

Wage and Hour Training

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Pay Equity Legislation Changes You Need to Be on Top Of

Trusaic

JUNE 13, 2023

The idea behind the amendment: to ensure that employers don’t discriminate between employees when they’re being promoted or moving into another job based on gender or other protected status for any form of compensation including bonuses, profit sharing, stock options, or benefits.

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Why the Next Equal Pay Case Matters to Every Employer

Trusaic

JUNE 20, 2023

The average salary loss is estimated at over £6,000 ($7,500), which could result in tens of millions of pounds in backdated compensation for the retailer. The legislation, which must be transposed into law by 2026, requires employers to act when an unjustified gender pay gap of 5% or more exists.

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Report Projects Stability for Employers with 2019 Healthcare Costs

ACA Times

AUGUST 1, 2018

The Centers for Medicare and Medicaid Services (CMS) is projecting that national health spending will be 20 percent of the economy by 2026. National health spending has grown from an average of under 6% of gross domestic product (GDP) in the 1960s to a projected average of nearly 18% for the decade ending in 2020.

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Get to Know the Employer Benefits in the CARES Act

ACA Times

APRIL 6, 2020

Payroll costs include all applicable wages for individual US based employees, capped at $100,000 in compensation for each individual employee per annum prorated for the loan period, paid leave, severance, insurance premiums, retirement benefits, as well as state payroll taxes. The maximum loan amount shall be 2.5

Payroll

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New California Employment Laws Effective Now, Coming January 1

HRWatchdog

OCTOBER 1, 2020

Governor Newsom signed SB 1159 , which establishes a rebuttable workers’ compensation presumption for workers that contract COVID-19 under certain conditions and requires employers to report COVID-19 cases to their workers’ compensation carriers. The legislature responded to the COVID-19 pandemic with several new laws.

Employment Law

Employment Law Discrimination Data Compensation

Why does HR hate minimum wage laws?

The Tim Sackett Project

DECEMBER 10, 2020

6:10 – First topic of the year: Florida passed an increase in the minimum wage to $15 (from $8.60) by the year 2026. Tim is the main shopper of the group and he bought 4 pairs of shoes, 7 pairs of pants, lots of quarter zips, socks, and Christmas gifts for his family. About 60% of voters voted to pass the raising of Florida’s minimum wage.

Study

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How to Support Employees As They Face Rising Inflation

Great Place to Work

AUGUST 8, 2022

To help workers face inflation, many organizations are reassessing compensation and taking a closer look at financial health resources. As a result, and in support of our commitment to competitive pay, we shared with employees that we will more regularly review compensation.”. Raising wages. deputy people leader at PwC. “As

How To

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Importance of Construction Workforce Planning | ClearCompany

ClearCompany HRM

FEBRUARY 27, 2024

Hiring in the Construction Labor Shortage The construction industry needs two million additional workers to meet demand by 2026. You can do this by offering competitive compensation and benefits, advancement opportunities, and a supportive work environment. Read the post here.

Workforce Planning

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7 Most Popular Jobs in 2021

Accurate Background

MAY 18, 2021

In September 2020, Business Insider reported that a shortage of truck drivers combined with the rise of online shopping was generating record-breaking compensation for drivers. percent rise in employment in the field by 2026. Web developer. Between 2016 and 2019 data scientist was named the number one job in the U.S. by Glassdoor.

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A Quick Take: The Impact of the UK’s New Tax Laws on Carried Interest Compensation and Private Capital Firms

HRsoft

NOVEMBER 7, 2024

The UK has seen significant shifts with the introduction of new tax laws targeting capital gains, specifically with changes surrounding carried interest compensation. Stage Two : Slated to commence in April 2026, the second phase is intended to create a “simpler, fairer, and better-targeted” framework for carried interest.

Compensation

Compensation Recruiting Software Planning Tools Bonuses and Incentives

How the SECURE 2.0 Act of 2022 benefits your workplace

Insperity

OCTOBER 10, 2023

Act of 2022 enables business leaders to: Deliver additional financial benefits to round out an organization’s compensation strategy Remain competitive in an increasingly dynamic labor market Win the war for talent In this blog, we’ll discuss: What the SECURE 2.0 The Internal Revenue Service (IRS) will begin enforcing this provision in 2026.

Retirement

Retirement Bonuses and Incentives Planning Tools Talent Experience

HR Beginner’s Guide for the EU Pay Transparency Directive

Peoplebox

MAY 4, 2024

Equal pay for equal work means employees performing similar tasks receive comparable compensation regardless of gender. The first public report on pay disparities due by June 7 2027 will require data from 2026. This timeline gives organisations just two compensation cycles to make adjustments.

HR Software

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Navigating EU CSRD and Pay Equality

HR Outsourcing Trends and Statistics SMBs Should Know

Trending Sources

Healthcare Recruitment 2020: The Good, the Bad and the Future

Pay transparency is coming for the global workforce. Is your HR department ready?

Contingent Staffing’s Place in Healthcare HR’s Strategy

NLRB and DOL Going After Worker Misclassification

7 Recruiting Competencies to Guide the 21st Century Recruiter

Iceland’s Path Toward Shrinking the Gender Pay Gap

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

Germany’s Path Toward Decreasing the Gender Pay Gap Under the EU Directive

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

Belgium’s Path Toward Closing the Gender Pay Gap Under EU Directive

UK Set to Expand Pay Gap Reporting Requirements for Employers

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

CSRD Reporting Standards Take Effect January 1, 2024

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

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

Pay Equity Remediation Is Prevalent: Proceed With a Foundation of Compliance

Finland’s Path Toward Decreasing the Gender Pay Gap Under the EU Directive

Switzerland’s Path Toward Shrinking the Gender Pay Gap

Sweden Releases Its Proposed Amendments of EU Pay Transparency Directive

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

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

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

Brazil Salary Transparency Reporting Deadline Looms

Equal Pay Transparency Hearing Scheduled in Colorado

Ireland Gender Pay Gap Reporting Deadline Nearing

California Employment Laws Starting 2025

Navigating Pay Transparency: Stay Compliant with Pay Equity Software

Equal Pay Protection & Brexit: What’s Next for the UK?

How to Prepare for EU Transparency Directive Implementation

Closing the Gender Pay Gap: Why Women Can’t Wait Another 50 Years

Pay Equity Legislation Changes You Need to Be on Top Of

Why the Next Equal Pay Case Matters to Every Employer

Report Projects Stability for Employers with 2019 Healthcare Costs

Get to Know the Employer Benefits in the CARES Act

New California Employment Laws Effective Now, Coming January 1

Why does HR hate minimum wage laws?

How to Support Employees As They Face Rising Inflation

Importance of Construction Workforce Planning | ClearCompany

7 Most Popular Jobs in 2021

A Quick Take: The Impact of the UK’s New Tax Laws on Carried Interest Compensation and Private Capital Firms

How the SECURE 2.0 Act of 2022 benefits your workplace

HR Beginner’s Guide for the EU Pay Transparency Directive

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