New regulations in the U.S. and Europe will require companies to be more transparent about their pay practices. Combined with willingness among workers to talk about salary, the era of pay transparency is here.

The rise in pay transparency and pay equity initiatives around the world is catching up with a cultural shift, especially among younger employees. Where it was once considered impolite or taboo to publicize salary information, a movement has grown around the notion that shielding the numbers has allowed companies to reinforce and exacerbate gender gaps in pay. Thus, regulatory bodies across Europe and North America are mandating more salary disclosures around pay. 

Join us as we uncover the secrets of successful entrepreneurship, drawing parallels between climbing mighty mountains and building ground breaking businesses in the spirit that defines the Texan startup scene. 

The CLA 2024 Outlook series provides key insights to help both business owners and individuals develop sound financial strategies.

In our second-quarter update, we’ll discuss our updated economic outlook, industry trends, policy changes, and financial market views. Attend to learn more.

Are you ready to meet hiring challenges in 2024?

Roughly one out of three hiring managers say it’s very challenging to find the talent they need. Robert Half's Demand for Skilled Talent Report presents exclusive employment trends research that can help you overcome hiring and business obstacles in an increasingly competitive market. Explore the latest data and gain insights into:

• U.S. hiring and employment trends in 2024
• Strategies to help you attract and retain top talent
• Common hiring mistakes and how to avoid them

If you have any questions on the report or are interested in scheduling a walk-through please contact Derek Steinmetz at derek.steinmetz@roberthalf.com

In December 2022, Congress enacted the SECURE 2.0 Act as part of its efforts to encourage Americans to focus on savings, both for retirement and for emergencies. Two of the provisions of SECURE 2.0 – related to automatic portability programs that facilitate transfers between employers and for pension-linked emergency savings accounts (“PLESAs”) – are now the subject of Department of Labor guidance. This guidance provides employers some key insights into how these optional provisions will work in practice, and how employers can take advantage of these new features to benefit their employees.

PLESA FAQs

Defined contribution retirement plans can now allow non-highly-compensated employees to make after-tax Roth contributions to an emergency savings account within the retirement plan. The Department of Labor, Department of Treasury, and IRS have published frequently asked questions about this new optional plan feature, designed to benefit the many Americans who do not have emergency savings.