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Ford, UAW Reach Tentative Labor Deal: A 11% Wage Hike is Only the Start

HR Digest

Ford, UAW Reach Tentative Labor Deal on Wages According to the UAW contract, workers should soon see a 25 percent wage increase that will be paired with the cost of living adjustments (COLA) that could push the pay rise above 30 percent by 2028. With the UAW deal, temporary workers should see a wage raise from $16.67 per hour to $21.

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Notice 2024-02: IRS Offers Guidance on (Some) SECURE 2.0 Questions

Proskauer's Employee Benefits & Executive Compensa

Although Notice 2024-02 offers helpful guidance for employers and plan administrators, it does not include hotly anticipated guidance on SECURE 2.0 requires that 401(k) plans established after December 28, 2022, implement automatic enrollment provisions for plan years starting after December 31, 2024. Merger of Pre-SECURE 2.0

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