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Salary Sacrifice

Sodexo Engage

Salary Sacrifice mariana.nunes Tue, 11/19/2024 - 22:01 Salary Sacrifice and Your Business Cost-Savings Strategy The Autumn Budget and recent changes to the Employee Rights Bill 2024 reflect the changing landscape, putting more power in the hands of the employee. What does salary sacrifice mean? Our team will contact you.

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District Court Invalidates Rule Raising ‘White Collar’ Salary Threshold

PayrollOrg

Department of Labor’s (DOL) final regulations to increase the minimum salary level for the “white collar” exemption. On November 15, a district court vacated and set aside the U.S.

Salary 104
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Court Strikes Down DOL’s 2024 Exempt Salary Threshold Increase

BerniePortal

On November 15, 2024, the Federal District Court for the Eastern District of Texas invalidated the 2024 Department of Labor (DOL) rule that would have raised the salary threshold for executive, administrative, and professional employees to qualify for exempt status starting July 1, 2024.

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Answering all your questions about salary sacrifice schemes

Employee Benefits

What is salary sacrifice, and how can it help save money for both employers and employees? Terms like salary sacrifice, salary deduction, NET, and Gross can often confuse HR professionals and employees.

Salary 98
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New Overtime Regulations Require Employers to Pay Up

There’s a new overtime salary threshold that will impact employers across the country. Starting January 1, 2025, EAP employees making less than $58,656 a year are going to be eligible for overtime.

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10 industries with the worst salary transparency

Employee Benefit News

The three industries with the lowest salary transparency have an average of 83% of job postings that don't list compensation.

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A Complete Guide on Salary Benchmarking

HR Lineup

Salary benchmarking, also known as compensation benchmarking, is a crucial process for businesses that aim to maintain a competitive edge in attracting and retaining talent. It involves comparing internal job salaries against external market data to ensure that a company’s compensation structure is both fair and competitive.

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How to Execute a Strategic and Efficient Compensation Cycle: Plan

Update your salary bands and run a compensation analysis. Download this free eBook now to make your next annual salary review process the best one yet. This free eBook will show you how to: Run a compensation cycle post-mortem and update your timeline. Build your approver chain. Set your budget. Train managers and stakeholders.

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How to Implement Pay Transparency: A Comprehensive Guide

With pay transparency legislation on the rise globally, it can be difficult for organizations to navigate how to share salary ranges due to administrative complexities, lack of clear job architecture, employee reactions, and more.