Remove 2027 Remove Compensation Remove Compliance
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Report: HR Trends 2024 – Navigating the Future of Work

Extensis

AI-powered programs can also find skill gaps and patterns of bias in promotion and compensation, helping to create a fair and diverse culture. Further, skillsets for jobs have changed by around 25% since 2015, a figure that’s expected to double by 2027. According to the American Staffing Association, 80% of U.S.

HR Trends 102
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Pay transparency is coming for the global workforce. Is your HR department ready?

HR Brew

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. More than compliance. Best practices. Communications.

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Should you include freelancers in your talent development program?

Fast Company The Future of Work

Upwork’s report predicts that the workforce will be majority freelance by 2027. Boro adds that if contractors are valuable enough to be trained, they should also be compensated for that training time. freelance workforce is growing faster than the overall U.S. workforce, outpacing overall U.S. Winning the Freelance Talent Wars.

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Employment laws are changing. How tech can create a ‘culture of compliance’

HRExecutive

As HR compliance grows increasingly complex, experts say staying informed about regulatory updates is critical for fostering a culture of accountability and transparency. Compliance is a “hot topic” now, considering that the Department of Labor issued more than $26 million in fines to employers last year, according to Nutt.

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FLSA Overtime Rule Update

COATS Staffing Software

The annual compensation requirement for highly compensated employees will also increase to $151,164 on January 1, 2025. July 1, 2027 : The threshold will increase again, and there will be another increase every three years. Compliance Challenges: Ensuring accurate time tracking and payroll processing becomes even more critical.

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

Trusaic

In response to the EU Pay Transparency Directive, which requires employers operating in European Union member states to report on pay data, Trusaic will be evaluating the state of each country in the EU’s current gender pay gaps and the path toward compliance. The first large organizations will need to submit pay data reports by June 6, 2027.

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

Trusaic

In response to the EU Pay Transparency Directive, which requires employers operating in European Union member states to report on pay data, Trusaic will be evaluating the state of each country in the EU’s current gender pay gaps and the path toward compliance. The first large organizations will need to submit pay data reports by June 6, 2027.