New Overtime Pay Eligibility Rule to Impact Over 4 Million U.S. Workers
Allwork
APRIL 24, 2024
Department of Labor has finalized a rule that will significantly expand overtime pay eligibility for millions of salaried workers.
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Instead Of Layoffs, GM Wants Workers To Leave
Allwork
MARCH 9, 2023
salaried employees with a minimum of five years of service, as well as global executives who have been with the company for at least two years. It looks as though General Motors is looking to cut costs elsewhere while it is investing heavily in electric vehicles. This cost-cutting measure is expected to set GM back by $1.5
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Trending Sources
Workplace Stress Is Crushing Young Employees
Allwork
JUNE 28, 2023
By 2025, Gen-Z will comprise 27% of the workforce across OECD nations. There have been fewer reports focused on emerging-market nations, where Gen-Z will comprise one-third of the workforce by 2025 (compared to 27% in OECD countries ). to 2 times an employee’s annual salary. and Canada.
The Gen Z Vibe Is Making Work Better For Everyone
Allwork
SEPTEMBER 9, 2022
The vast majority of Generation Z are still teens, but they will make up more than a quarter of the workforce by 2025. They expect transparency with policies, assignments and salaries. Transparent salaries offer equal footing. A Profile of the Future Worker. And they are already making their voices heard. Making Work Better.
The Utility of Coworking Spaces for Gig Economy Workers
Allwork
DECEMBER 1, 2022
By 2025, India will likely have 350 million gig jobs. Yet, platforms tend to reduce such entities to “workers,” often reestablishing employer-employee norms without employer-employee level benefits or salaries. . Overall, growth in the near, mid-term, and long-term future looks remarkable. .
IRS guidance addresses SECURE 2.0’s catch-up contribution dilemma
BMT Office Administration
SEPTEMBER 1, 2023
31, 2025: Catch-up contributions will be treated as satisfying the Roth, after-tax requirement, even if employees’ contributions aren’t designated as Roth contributions. In addition, the IRS is applying a two-year administrative transition period to SECURE’s Roth catch-up contribution provision.
ESG ambitions should top organisational agendas
Workplace Insight
MAY 12, 2022
Most of the larger conglomerates (if not all) have set targets to reach net-zero by a set date – ranging from as early as 2025 to anywhere within the next two decades. But is this going far enough for employees, stakeholders, future talent, and more broadly, for society?
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