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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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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.

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CSRD Reporting Standards Take Effect January 1, 2024

Trusaic

European sustainability reporting: double materiality A key first step in CSRD compliance is a double materiality assessment. January 2026: Listed SMEs, including non-EU listed SMEs, and other undertakings (Reporting in 2027 on 2026 figures ). Prepare for CSRD and ESRS compliance. Reporting in 2026 on 2025 data ).

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DOL Raises Salary Thresholds for White-Collar Workers in New Overtime Rule

Helpside

Additionally, some highly compensated employees may also be exempt. Beginning July 1, 2027, the DOL will automatically update the minimum salary level every three years. Employers should take note of this final rule to ensure compliance with updated federal regulations.

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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. Download our definitive guide to help you to achieve compliance.

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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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New Year, New HR Trends for Brokers to Know

Extensis

This data may also help clients determine their organization’s skill gaps and any biased patterns in promotion and compensation, which further contributes to their diversity, equity, and inclusion (DEI) initiatives. Risk and compliance expertise to keep clients compliant with local, state, and federal laws.

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