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In our daily work with talent leaders and solution providers, we run into some incredible technology. These tools available to organizations right now can help them hire, develop, and retain their people, and the platforms and systems are amazing in their ability to support intelligent decisions, personalized actions, and more.
For healthcare providers and professionals, the year saw unprecedented, sometimes overnight challenges that stretched resources and talent to their limits. Lack of talent. Lack of available talent is another challenge that was amplified in 2020. The lack of incoming available talent has made past years challenging.
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.
Quick look: By 2026, the HR outsourcing market is expected to grow by $10.90 Staffing companies : Agencies that match employers and staff-level employees. A company’s employees remain on its FEIN number and the employer assumes all associated risk. billion between 2021 to 2026. But what is causing this rapid expansion?
For healthcare organizations facing a hyper-competitive market and an aging customer base that requires more care, contingent staffing, also known as supplemental staffing, can play an integral role in HR's strategic planning process as a means to acquire on-demand, qualified healthcare talent. Know Who You’re Hiring. An additional 1.3
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. Communications. Quick-to-read HR news & insights. Subscribe to HR Brew today.
However, Icelandic employers with operations or employees in EU member states will be required to comply with the EU Directive. Currently, Icelandic companies and institutions with an average of 25 or more employees must obtain Equal Pay Certification. Employers in Iceland are only required to report on compensation every three years.
Great not just good recruiters require a different set of skills, abilities, and competencies altogether to engage, qualify and recruit talent to our organization(s). You can click here to read the talent acquisition and recruiting trends piece. Their compensation split is much different. Talent (KSA) Assessment.
In 2025, one in three employees in the U.S. In Europe, the EU Pay Transparency Directive , adopted by the EU Council in 2023, will require member states to enact legislation to comply with the directive by 2026. In the U.S. , will be covered by pay transparency laws. What does this mean for your organization?
However, in November, if Proposition 32 is approved, the minimum wage for employers with 26 or more employees would increase to $17 per hour for the rest of 2024 and would rise to $18 per hour starting in January 2025. While jury and witness duty effectively remains the same, crime victims’ leave will expand on existing requirements.
In 2023, Brazil amended its Equal Pay Law, requiring organizations with 100 or more employees to submit pay data to enable the Ministry of Labor and Employment (MTE) to produce biannual Salary Transparency and Remuneration Criteria Reports. Employee data for the next report is due for submission by Aug. 23, 2023, Federal Decree No.
Routine wage-hour audits, employee complaints , and alleged minimum wage or overtime violations are likely to take on broader significance, and with that greater exposure to damage awards and penalties,” Caminiti and Aviles continued. Under the MOU, the agencies will be sharing information, data, and investigative files.
Employers with 150 or more employees in Ireland must publish gender pay gap information by December 2024. Employers with 250 or more employees have been required to publish gender pay gap reports since 2022. Employers with 50 or more employees must comply starting June 1, 2025.
Quick Action Items for Latvian Employers Latvian organizations should move swiftly to prepare for the upcoming pay reporting requirements under the EU Directive, which include: Provide sufficient salary range information to job candidates. By 2031, smaller organizations (100+ employees) will have to comply.
This includes steps the employer plans to take to address their gender pay gap and how they support employees through menopause. The proposed requirements would apply to employers with 250 or more employees. those with 250 or more employees). This invaluable insight will inform your action plan to close pay gaps where necessary.
S in ESG relates to the social aspect of sustainable investment, covering ways in which organizations interact with their employees and the communities within which they operate. Nearly half of employees have left their employer due to “ethical or sustainability concerns.” Ethical investment is a growing trend.
Italy recently implemented an equal pay law that requires employers with 50 or more employees to supply pay data reports. Quick Action Items for Italian Employers Italian employers with 50 or more employees are required to disclose fundamental pay information about their workforce.
Larger German employers (500+ employees) currently have reporting requirements to comply with but they fall well short of the EU Directive standards. Thus, all German employers will have to make a significant adjustment to make ahead of its anticipated implementation in June 2026. Not ask job candidates about their salary history.
and a labor market largely marked by increasingly open jobs (at or near an all-time record high), difficulty filling those jobs and, more recently, the phenomenon of employee or candidate ghosting, HR leaders have to be more innovative than ever to help their organizations compete to find and retain talent.
An astounding 96% of employees expect their organizations to adopt a sustainability agenda. Attracting more talent: Deloitte’s 2023 Global Human Capital Trends survey suggests 84% of employees believe it’s important for a company’s success to take responsibility for sustainability. Reporting in 2026 on 2025 data ).
The impetus for the EU Pay Transparency Directive is to increase the accountability and transparency of employers when it comes to compensation. The law initially required employers with more than 1,000 employees to provide their employees a pay report every two years. Not asking job candidates about their salary history.
Summary of changes to Colorado’s Ensure Equal Pay for Equal Work Act From January 1, 2024, job posting and promotional notice obligations for employers in Colorado change significantly, for instance: Each job opportunity must be made known to employees on the same calendar day, and prior to candidate selection.
However, Swiss organizations with operations or employees in EU member states will be required to comply with the EU Pay Transparency Directive. Currently, Swiss law requires all public and private companies with 100 or more employees to carry out an equal pay analysis. Publicly traded companies have additional obligations.
Currently, Swedish employers with more than 10 or more employees must produce annual pay surveys on their gender pay gaps. Employers with 25 or more employees are subject to more stringent requirements, including requirements to work on “active measures.” Portugal law currently only applies to employees.
Staying compliant with benefits regulations is essential for avoiding penalties, safeguarding your business, and maintaining employee trust. With new deadlines and changing benefits compliance requirements each year, its vital to stay informed and organized. March 3, 2025: Provide 1095-C forms to employees.
However, employers will still need to take measures to address the following: Providing sufficient salary range information to job candidates. As we’ve previously noted, the EU Directive deliberately uses the wider term of “worker” versus “employee” to account for contractors. Not asking job candidates about their salary history.
In the construction industry, talent is key. By analyzing your current workforce and upcoming construction projects, you can make predictions about how many employees to hire and when. Construction workforce management is about maximizing your employees’ talent. Read the post here.
After years of lamenting the unfortunate gap between male and female employees working in similar jobs or in jobs with similar requirements with little observable change, state legislatures have been stepping up to require employers to document and report on their pay practices, an important step in closing that gap.
Additionally, Finland employers will need to: Provide sufficient salary range information to job candidates. As we’ve previously noted, the EU Directive deliberately uses the wider term of “worker” versus “employee” to account for contractors. Not ask job candidates about their salary history.
Irish employers with 150 or more employees are required to publish annual gender pay gap reports beginning June 1, 2024. By June 1, 2025, employers with 50 or more employees in Ireland must comply with the law. These include: Providing sufficient salary range information to job candidates. gender pay gap in the European Union.
Denmark employers with 35 or more employees are required to submit either gender-segregated wage statistics, or an equal pay report on an annual basis. Quick Action Items for Denmark Employers Danish employers with 35 or more employees are required to comply with Denmark’s Equal Pay Act. gender pay gap in the European Union.
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. Employers will also have to inform candidates, via their job listings, if AI is used during the hiring process.
Currently, all Portuguese employers with more than 50 employees must submit an employee-level pay data analysis annually. These include: Providing sufficient salary range information to job candidates. Portugal law currently only applies to employees. gender pay gap in the European Union.
However, there will be some additional requirements imposed upon them as the law, which must be in effect by June 2026, progresses. However, employers will still need to take measures to address the following: Providing sufficient salary range information to job candidates. All 27 member states are required to adopt the directive.
Research from McKinsey shows rising prices in the first half of 2022 far exceeded expectations, and the consequences are being felt by employees who are watching their buying power evaporate. While the S&P 500 suffered a 36% decline in value from 2007–2009, companies who supported all employees gained 14%. Raising wages.
The Sesame Workshop layoffs were announced shortly after workers came out and declared their intent to unionize with the Office and Professional Employees International Union (OPEIU) on March 4, 2025. This means that employees who choose toor are asked tostay will also be impacted by Sesame Workshops funding cuts.
Recruitment and hiring is an important organizational process, the insufficiency of which will lead to a talent shortage in the organization. They play a crucial role in ensuring that the organization only hires the best talent. Some recruiters only screen applications and perform initial phone interviews.
Research from Statistics Canada shows that in 2022, women and gender-diverse people in British Columbia earned 17% less than cisgender men for comparable work. In addition, employers will be prohibited from asking candidates about their salary history, or punishing employees who ask for or disclose salary information.
Organizations have three years – until June 7, 2026 – before pay transparency legislation is transposed into law. In Germany , a study from the Dusseldorf-based Institute of Economic and Social Research doesn’t just confirm an 18% pay gap, it shows that in 45 out of 46 sectors, women earn less than men. to around 14.4%.
Pew Research Center analysis found that in 2022, American women earned an average of 82 percent of what men earned. One of the key causes is managerial bias, according to Deloitte research in the Harvard Business Review. LGBTQIA+ workers: LGBTQIA+ employees earn 89 cents for every dollar earned in a week by the typical US worker.
among all employees. among full-time employees, up from 7.7% 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. That drops to 8.3%
Evolving employee acquisition and termination protocols To secure top talent before competition can scoop them up, many employers aim to fill open positions as quickly as possible, sometimes resulting in imprecise HR administration. Interview bias : Bias isn’t always obvious, especially during the hiring process.
In May 2023, 2,000 employees of UK retailer Next plc, won the second stage of their equal pay claim. 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. Next employs approximately 43,000 employees in the UK. compared to 24.2%
Since the outbreak of COVID-19, one in four people have struggled to pay their bills, a third have taken money out of savings or retirement accounts, and one in six have borrowed money or gotten food from a food bank, according to a survey from the Pew Research Center. percent rise in employment in the field by 2026. Web developer.
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