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With wage pressures pushing employee compensation demands higher and inflation and supply chain issues further straining employer finances, one might expect that budgets for learning and development would shrink or even be put on hold while the storms pass.
It’s HR’s favorite time of the compensation cycle when organizations begin thinking about their salary budgets for the coming year. This year’s planning will take into account the recent release of the new Fair Labor Standards Act (FLSA) overtime rule and, in some states, new or upcoming changes to the minimum wage. Between compliance with […]