TL;DR
New US employment laws and changes in wages and exempt pay are set to take effect in 2024. Companies are also reevaluating their hiring practices, with nearly half planning to eliminate bachelor's degree requirements.
Welcome to our monthly roundup of employer-related news and trends. This month: new U.S. 2024 employment laws; 2024 changes in wages, tips, and exempt pay; companies continue to eliminate bachelor’s degree requirements; why productivity is no longer the most important metric; Ernst & Young’s Work Reimagined study; and a guide to workforce management as companies grapple with RTO, hybrid, and remote work.
Employment Law Update 2024: New Employment Laws for the New Year (Littler)
Where U.S. Minimum Wage, Tip, and Exempt Employee Pay Will Increase on January 1 (Littler)
How to Stay Golden in California as Paid Sick & Safe Leave Standards Change in 2024 (Littler)
Nearly Half of Companies Plan to Eliminate Bachelor’s Degree Requirements in 2024 (Intelligent.com)
Why Productivity Is No Longer the Metric That Matters Most (Deloitte)
Guide to Workforce Management: Remote, hybrid, or fully in office (ActivTrak)
The EY 2023 Work Reimagined Survey (Ernst & Young)
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In this story
This story was originally published by Eddy Goldberg in Franchising.com on December 8, 2023. Burnaze summarizes and links to the original reporting.
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