Opportunity Equity: Prepare for 2024’s Emerging HR Trend

Opportunity equity

While pay equity remains a key HR trend in 2023, another is emerging as we approach 2024; that of opportunity equity.  Opportunity equity is the practice of providing all workers with equal access to opportunities for employment, development, and career advancement. That’s irrespective of gender, race/ethnicity, age, and other personal attributes. It aims to dismantle…

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CSRD Reporting Standards Take Effect January 1, 2024

CSRD Reporting Standards

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. 10,000 of those are non-EU organizations, and…

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Pay Equity Reporting: Corporate Sustainability Directive vs IFRS

pay equity reporting

Sustainability reporting is expanding across all industry sectors. Foremost among these is the EU’s Corporate Sustainability Reporting Directive (CSRD), which takes effect in 2024. At the same time, the IFRS is also expanding references to standards related to equal pay. What does it mean for global pay equity reporting?  Corporate Sustainability Directive Summary EU sustainability standards…

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Pay transparency requirements are coming to Illinois

Pay transparency requirements

Illinois has stepped up its commitment to closing the gender pay gap by introducing pay transparency requirements for employers. Signed by Governor Pritzker on August 11, 2023, Bill HB3129 comes into effect on January 1, 2025.  In this article, we highlight Illinois Equal Pay Act amendments, and how employers can navigate these changes effectively.  The…

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Celebrating Hispanic Heritage: Origins, Celebrations, and Trusaic

Hispanic heritage

Trusaic has always been deeply committed to celebrating cultural heritage and promoting inclusivity. It’s because of this commitment that we’re thrilled to be observing National Hispanic Heritage Month this year.  It’s an observance that holds immense significance as it honors the rich and diverse contributions of Hispanic heritage to our global community. That’s a theme…

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Title VII Claims: How the Fifth Circuit Decision & EEOC AI Case Impact Employers

Title VII Claims

A Fifth Circuit decision in the Federal Court of Appeals has sent shockwaves through employers in Louisiana, Texas, and Mississippi. The “historically conservative and employer-friendly” circuit ruled in favor of the plaintiff in a Title VII claims case, Hamilton v. Dallas County.  Three decades of legal precedent have been overturned, making it easier for employees…

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How to Prepare for EU Transparency Directive Implementation

EU Transparency Directive implementation

It’s just a few months since new pay transparency legislation became EU law. Forward-looking employers can take steps to ensure EU Transparency Directive implementation now.  Organizations have three years – until June 7, 2026 – before pay transparency legislation is transposed into law. But three years is only a short time when the EU faces…

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Why Environmental, Social, and Governance is Here to Stay

Environmental, Social, and Governance

Described by its critics as “woke capitalism,” Environmental, Social, and Governance, (ESG) is facing something of a backlash. But that overlooks the far-reaching benefits to employers and investors.  A survey by The Conference Board (TCB) found that almost half of all businesses have faced ESG backlash. 61% believe that backlash will remain the same or…

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Contract Worker Rights: New Jersey & Illinois Break the Mold

Contract worker rights

Groundbreaking employment legislation for contract worker rights in New Jersey (NJ) is now law. NJ is the first US state to mandate equal pay for temporary workers, followed closely by Illinois.  Effective August 5, the Temporary Workers’ Bill of Rights carries significant legal implications for temporary staffing agencies and their clients.  Legal implications for employers…

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EEO-1 Component 2: Prepare for Pay Data Reporting

EEO-1 Component 2

Speculation over the return of EEO-1 Component 2 pay data reporting has been rife for some time.  To be precise, since Equal Employment Opportunity Commission (EEOC) Commissioner Keith Sonderling warned, “Watch out, it is coming”. This time, speculation cannot be dismissed, as Bloomberg Law reports the EEOC is “widely expected” to reinstate EEO-1 Component 2. …

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