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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 101
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U.S. DOL’s New Overtime Rule Increases Exempt Employee Salary Threshold

HRWatchdog

The salary threshold for exempt employees under the “highly compensated” exemption also increases. Unlike recent prior increases that were one-time only, this new rule includes a mechanism that will trigger automatic increases on July 1, 2027, and every three years thereafter based on the methodology in effect at the time.

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Case Study: Strategic Workforce Planning for Rail Infrastructure Managers

Analytics in HR

Some factors that make up the productive hours like compensation for nightly shifts, retirement age and shorter workweeks for aging employees are regular subject of collective labor agreement negotiations. So, achieving the right number of certified operators requires the operation to gradually reduce the number of workstations.

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McDonald’s US CPO Tiffanie Boyd explains why the chain ties HR goals to performance

HR Brew

McDonald’s has set ambitious business goals for the next three years, with plans to open almost 10,000 additional restaurants globally by 2027 and drive an additional $25 billion in sales from its loyalty program, up from around $20 billion currently. 7, the day after McDonald’s announced this expansion.

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Industry in Focus: Water | Talent Insight Group

The Talent Guide

With changing technologies and an aging workforce, it is estimated that 63,000 vacancies will need to be filled across the industry by 2027. Water companies struggle to fill over 35% of skilled roles, compared to a national average of 23%. One crucial area that could have a profound effect is diversity.

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CSRD Reporting Standards Take Effect January 1, 2024

Trusaic

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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British Columbia Poised for Pay Transparency Legislation

Trusaic

BC’s Pay Transparency Act requirements Once the legislation is passed, employers will gradually be required to post pay transparency reports through 2027 as follows: November 1, 2023: B.C. Analyze your compensation for pay disparities. In response, MLA Kelli Paddon, the parliamentary secretary for gender equity, has affirmed the B.C.