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Navigating EU CSRD and Pay Equality

Trusaic

Rules relating to this directive will begin applying in 2025 for financial year 2024 for large organizations, through 2029 for financial year 2028 for smaller businesses. Employers in member countries will be fined for failing to comply, while employees will be entitled to compensation. What does it mean for pay equity?

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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. Reporting in 2025 on 2024 data). Reporting in 2026 on 2025 data ). Reporting in 2029 on 2028 data ). Identify and address gaps between the ESRS requirements and your current available data.

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International Women’s Day: Inspiring Inclusion with Pay Equity

Trusaic

Gender Pay Gap Falls to a Record Low As data from the Bureau of Labor Statistics shows, the pay gap has fallen to an all-time low. Based on current data, Black Women still have to wait until July 27 for their Equal Pay Day. By carrying out a pay equity audit, compensation data is systematically analyzed and pay disparities identified.

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Class Action Pay Transparency Lawsuits On The Rise

Trusaic

Pay transparency is the open sharing of information on compensation with current and prospective employees. It requires employers to provide clear and accessible details about salary ranges and additional compensation, such as benefits and bonuses. Compensation for recovery of back pay is uncapped. What is pay transparency?

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Navigating the Complexities of HR: Why Outsourcing Is the Way to Go

Hppy

Benefits and compensation management and administration, employee learning and professional development, employee records management, and resource planning are some HR functions organizations typically outsource. billion by 2028. They have a deep understanding of HR best practices and compliance requirements. billion in 2021.

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Top Healthcare HR Challenges and How to Overcome Them

Engagedly

Bureau of Labor Statistics states that healthcare jobs will grow by 13% from 2018 to 2028. Welcoming new technology The healthcare industry is rapidly evolving, and it comes with the need for new technology to manage the ever-growing amount of data. How can HR stay up to date with changing regulations and compliance requirements?

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Best HR Courses in Dubai

Bayzat

Studies project the demand for HR professionals to rise by 2028. Certified Compensation & Benefits Management (CCBM) Compensation and benefits are essential parts of Human Resource Management. It is a field that consistently tops high on the “best career” charts. And amidst this growing demand comes increased competition.