Employers across the United States that have yet to act on their Affordable Care Act (ACA) filing duties are running out of time and should move swiftly. To comply with the ACA 1095-C furnishing deadline for the 2023 tax year, employers must send forms to their full-time employees by March 1, 2024. Further, to comply with the…

Affordable Care Act (ACA) reporting season is here again, that time when U.S. employers must prepare to comply with ACA reporting and furnishing deadlines for the 2023 tax year. If you haven’t completed your filing duties yet, the clock is ticking. There are several important deadlines to know to comply with ACA reporting requirements: The ACA…

After George Floyd’s death in 2020 and the ensuing public outcry, many employers launched DEI initiatives to avoid being perceived as out of step with a changing world. But they failed to make the necessary internal changes to nurture these initiatives. For example, some appointed DEI leaders but provided no tangible objectives. Others failed to…

Pay transparency legislation aimed in part at helping to improve pay equity continues to expand around the world. But organizations won’t achieve global pay equity through legal compliance alone. Developing a global pay equity strategy is also essential. Employers that create such a strategy are more likely to achieve pay equity and to enjoy resulting…

Equity and fairness in the workplace could use a boost. According to a 2022 Gallup poll, a mere 28% of employees strongly agreed that their organization is fair. A 2023 survey by Great Place To Work found that most employees don’t believe they receive a fair share of company profits, while only 51% felt that promotions were fairly…

Hawaii rang in the new year by joining eight other states with active pay transparency laws: California, Colorado, Connecticut, Maryland, Nevada, New York, Rhode Island and Washington. Hawaii’s Senate Bill 1057Open in a new tab mandates employers with 50 or more employees to disclose hourly rates or salary ranges in job listings reflecting expected compensation. As in other states,…

Trusaic is a company that believes regulations can be an opportunity to demonstrate transparency and integrity to employees and prospects, cultivate a fairer environment, and create a stronger enterprise. Pulse 2.0 interviewed Trusaic founder and CEO Robert Sheen to learn more about the company.

At a conceptual level, pay equity is the practice of ensuring employee pay is based on legitimate, non-discriminatory factors, such as skill, effort, responsibility level, and working conditions. Implementing a global pay equity strategy can help organizations ensure their pay is equitable.