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2024 Mid-Year Legal Updates: Understanding the New Federal Overtime Rule 

MP Wired For HR

This update will drastically impact how businesses classify employees and calculate wages. This update will drastically impact how businesses classify employees and calculate wages. Enacted in 1938, the FLSA aimed to improve working conditions and ensure fair wages for American workers. What Constitutes Hours Worked?

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California Supreme Court Upholds Proposition 22

HRWatchdog

After a lengthy legal challenge that began back in 2021, the California Supreme Court recently ruled that Proposition 22 is constitutional — a significant decision ensuring that thousands of workers continue to have access to flexible options for earning income.

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How Companies are Revolutionizing Work to Prioritize Employee Well-being

Hppy

In the latest Aflac WorkForces Report, around 60% of employees surveyed said their manager cared about their well-being in 2021. The pandemic wasn’t just a health crisis but a wake-up call for the modern workplace. It laid bare the cracks in our work systems, revealing that one in four employees struggles with burnout.

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Ireland Gender Pay Gap Reporting Deadline Nearing

Trusaic

Under the Gender Pay Gap Information Act of 2021 , employers must also detail measures that are being taken or proposed to eliminate or reduce pay gaps. Employers with 150 or more employees in Ireland must publish gender pay gap information by December 2024. Ireland’s gender pay gap as of 2022 was among the lowest in Europe at 9.6%.

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Structuring Competitive Compensation Packages for UAE Talent

Bayzat

Attracting the best talent and holding onto the existing top performers means the company will need to have an attractive compensation package within its staff retention and hiring plan. Falling out of touch with what makes a strong employee compensation package may mean your company is losing its competitive edge.

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Golden handcuffs: Should employers use them on top talent?

Business Management Daily

In actuality, they offer you deferred financial incentives such as employee stock options, large bonuses, and attractive compensation packages. Otherwise, you won’t be able to claim your deferred compensation. I will explore this question today, so stay tuned to learn more about golden handcuffs. What are golden handcuffs?

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8 Employee Incentives That Work: Best Practices from US MNCs

Empuls

These incentives can range from monetary rewards like bonuses to non-cash rewards such as recognition programs, gift cards, or paid time off. Role in Talent Retention: Employee incentives are crucial for talent retention, with studies showing that competitive compensation correlates with higher retention rates. per hour, respectively.