From charterworks: How to prepare for new pay transparency laws in California and Washington
California and Washington, for example, cover only employers with 15 or more employees, while New York City’s law includes smaller employers as well. Some of the statutes require only salary ranges, while others require postings to include total compensation information, including benefits. Some require preemptive disclosures only for external applicants, while others cover internal promotions and transfers as well.
in collaboration with OpenComp. The free playbook is designed to guide organizations through that process through four key questions:Make sure your compensation strategy is setting you up to pay your employees fairly and equitably with five data-driven steps:Develop a compensation philosophy by determining your market position, pay mix, segmentation by department or role, and geographic strategy.
Define your processes for promotions, merit increases, and bonuses by creating criteria for eligibility, award amounts, and award schedules.Now that you’ve defined your compensation philosophy, it’s time to share it. To shape your strategy, start with a few simple questions: Who, what, when, how, and why?
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'A few nerves' as armed forces prepare to drive ambulances during NHS strikesHundreds of members of the army, navy and the RAF have been drafted in to cover as paramedics, technicians, control room workers and other staff in England go on strike on Wednesday.
Read more »
County braced as ambulance staff prepare for strike actionStaff at West Midlands Ambulance Service (WMAS), which operates across Shropshire, are among those set to strike tomorrow in a dispute over pay.
Read more »
'My daughter's hair has turned grey': Ukraine's children prepare to celebrate Christmas at war'My daughter's hair has turned grey from stress': Ukraine's children prepare to celebrate Christmas at war 💬 ‘When I braid her hair, I burst into tears, because she is a little child, and they saw such things’
Read more »
HMRC issues update for those paying income taxThe Government is giving people more time to prepare for changes
Read more »
Powerful 6.4-magnitude earthquake rocks CaliforniaBREAKING: United States Geological Survey said a strong 6.4-magnitude earthquake struck off the coast of northern California on Tuesday.
Read more »
Deadly California earthquake leaves thousands without powerThe magnitude 6.4 tremor struck overnight, killing at least two people and damaging roads and buildings.
Read more »