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5 Best Compensation Planning and Analysis Tools in 2021

HR Lineup

Compensation in HRM, especially planning and analysis, is a crucial procedure that should be handled effectively to determine every employee’s compensation. With this compensation strategy, it is easier to structure performance-based benefits as well as streamline payment adjustments. Our List of Best Compensation Tools in 2021.

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Illinois Equal Pay Act To Require Employer Pay Data Reporting

Trusaic

First, SB 1480 amends Illinois’ Equal Pay Act of 2003 to require certain employers to obtain an “Equal Pay Registration Certificate”. At the outset, consider partnering with an expert in pay equity compliance to maximize compliance and minimize liability under Illinois’ new equal pay requirements.

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Illinois Equal Pay Act To Require Employer Pay Data Reporting

Trusaic

First, SB 1480 amends Illinois’ Equal Pay Act of 2003 to require certain employers to obtain an “Equal Pay Registration Certificate”. At the outset, consider partnering with an expert in pay equity compliance to maximize compliance and minimize liability under Illinois’ new equal-pay requirements.

Report 130
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Illinois SB 1480 Equal Pay Law Takes Effect Next Month

Trusaic

Illinois SB 1480 amends the Illinois Equal Pay Act of 2003 and requires private employers in the state with more than 100 employees to obtain an Equal Pay Registration Certificate from the state Department of Labor or certify in writing that it is exempt. Information on performance payments, benefits, or other elements of compensation.

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Job Evaluation: Your 2024 Guide [+ Free Template]

Analytics in HR

This ensures that compensation is commensurate with the worth of individual roles and that each has appropriate entry and performance requirements. Aids in compliance with legal standards: It helps organizations comply with legal and regulatory requirements related to pay equity and non-discrimination. based organizations.

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Illinois Equal Pay Certificate Deadline Is Looming

Trusaic

As we also highlight, a major requirement is compliance with the state’s Equal Pay Act of 2003. When SB1480 was passed in March 2021 , amending the 2003 Act, it created major changes to pay equity compliance in Illinois. But non-compliance can have consequences that stretch beyond the financial.

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Ask the Expert: Do Owners Count as Employees for FMLA?

HR Daily Advisor

The FMLA regulations further indicate that any employee whose name appears on the employer’s payroll, including part-time employees, is considered employed each working day of the calendar week and is counted even if he does not receive compensation for that week. 440 (2003). See 29 C.F.R. 825.105(b) and (c). Wells 538 U.S.

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