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Germany Proposes to Raise Minimum Wage in 2024 and 2025

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per hour in 2025, according to Reuters. Why it matters: Germany is considered Europe’s largest economy, and the country’s policies greatly influence the rest of Europe. What’s going on: Germany has proposed raising its minimum wage by 3.4% to €12.41 ($13.53) per hour in 2024, followed by a further 3.3%

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Stricter Office Attendance Rules at Truist Could Lead to Layoffs, HR Experts Warn

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Despite hybrid work becoming the norm across many industries in the post-pandemic workforce, major banks in the United States are still pushing for more days back in the office — Truist being the latest to tighten its grip on workplace policies. Starting this fall, Truist Financial Corporation, the sixth-largest bank in the U.S.,

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New Overtime Pay Eligibility Rule to Impact Over 4 Million U.S. Workers

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Department of Labor has finalized a rule that will significantly expand overtime pay eligibility for millions of salaried workers.

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Unprecedented Levels of Federal Office Space Underutilization Raise Concerns

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could face an $800 million budgetary deficit for the fiscal year 2025. As remote work becomes more entrenched and businesses adapt to evolving market conditions, commercial markets are likely to undergo further transformations this year. It’s projected that D.C.

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Landmark EU Legislation Will Shape the Future of Ethical AI Practices in the Workforce

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One pressing example would be AI policy established to protect free and open elections by addressing the potential misuse of AI deepfakes in elections. The EU’s AI policy is anticipated by many experts to influence AI policy development in other governments around the world.

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Canada Commits $1.1 Billion to Repurpose Vacant Federal Properties

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In fact, it’s an idea that is currently being considered in the United States by city policy makers in Washington, D.C. will face an $800 million budgetary deficit for the fiscal year 2025. Canada’s $1.1 Like many major hubs across the U.S., Washington D.C. If not properly addressed, it’s projected that D.C.

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Hybrid Workspaces Gain Favor with Employers in India

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The data reveals that around 56% of respondents want more than 10% of their office portfolio as flexible spaces by 2025, according to Business Outreach. Why it matters: There is a heightened desire within India’s workforce to strike a balance between business objectives and the needs of employees.

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