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Navigating EU CSRD and Pay Equality

Trusaic

EU Corporate Sustainability Reporting Directive: What It Means for Pay Equity The European Union (EU) Corporate Sustainability Reporting Directive (“CSRD”) was published on December 16, 2022 by the EU Commission. Reporting on pay equity is a key element for all companies required to produce an Annual Sustainability Report.

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CSRD Reporting Standards Take Effect January 1, 2024

Trusaic

January 2023, saw the adoption of the EU’s Corporate Sustainability Reporting Directive (CSRD). From as early as January 2024, companies across the EU’s 50 member states must comply with CSRD Reporting Standards. The number of companies affected by sustainability reporting obligations is predicted to rise from 11,700 to 50,000.

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Technically HR: New financial wellness partnership can help your employees file their taxes

HR Brew

You use a third-party service; you bring all your data in; it’s kind of disconnected, and it’s one [time] once a year. HR Brew reported in December that about three in four employees expect their employers to offer financial wellness benefits, according to a recent Bank of America survey. Watson said. And it’s becoming table stakes.

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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. First reports are due in March 2024. In 2023, median weekly earnings for women were 83.8% 5, and Nov.

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Is 2023 the Year of the Contract Worker?

Linkedin Talent Blog

Listings for contract jobs jumped 26% when comparing the stretch of May to November 2022 to the same period in 2021, according to LinkedIn’s Future of Recruiting report. The same report showed that full-time roles grew by just 6%. Globally, the gig economy is expected to grow to $873 billion in 2028, up from $355 billion in 2021.

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Class Action Pay Transparency Lawsuits On The Rise

Trusaic

Over one in four US workers are covered by pay transparency legislation according to data from the National Women’s Law Center. What’s more, August 2023 data from Indeed shows that half of US job listings now include pay information, and that figure is rising. It does, however, include non-binary employees in its pay gap reporting.

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Does Your Organization Need an HR Help Desk?

Hppy

Billion by 2028, growing at a CAGR of 10.10% from 2021 to 2028. While handling remote staff , it is vital to have a centralized platform like an HR help desk to manage employees’ onboarding, performance, timekeeping, training, attendance, and other data. Reporting and analytics. You have a small HR team.