Illinois Proposed compensation program for officers and certain key management personnel

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Multi-State
Control #:
US-CC-20-297A-NE
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Word; 
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This sample form, a detailed Proposed Compensation Program for Officers and Certain Key Management Personnel document, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.
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  • Preview Proposed compensation program for officers and certain key management personnel
  • Preview Proposed compensation program for officers and certain key management personnel
  • Preview Proposed compensation program for officers and certain key management personnel

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FAQ

The Equal Pay Act prohibits employers with four or more employees from paying unequal wages to men and women for doing the same or substantially similar work, except if the wage difference is based upon a seniority system, a merit system, a system measuring earnings by quantity or quality of production, or factors ...

In March 2023, the Salary Transparency Act and Pay Equity for All Act were introduced in Congress. If both laws pass, they would require all US employers to disclose wage ranges associated with all employment opportunities and prevent employers from asking job candidates about their salary histories.

Illinois law requires private businesses with 100 or more employees in the State of Illinois* to submit an application to obtain an Equal Pay Registration Certificate (EPRC) by providing certain pay, demographic, and other data to the Illinois Department of Labor (IDOL) by March 24, 2024, and to recertify every two ...

Illinois law requires private businesses with 100 or more employees in the State of Illinois* to submit an application to obtain an Equal Pay Registration Certificate (EPRC) by providing certain pay, demographic, and other data to the Illinois Department of Labor (IDOL) by March 24, 2024, and to recertify every two ...

Gov. J.B. Pritzker signed a bill on August 11, 2023, requiring all employers with 15+ employees to provide salary ranges and benefits in job postings. The law applies to jobs that are performed in Illinois, as well as remote jobs where the employee reports to a supervisor, office, or other work site in Illinois.

Unlike many other states that have passed pay transparency laws, the new Illinois law permits employers to provide the required pay and benefits information in the form of a hyperlink, allowing prospective applicants to access the information online.

Summary of the Amendment On , the Illinois Legislature passed HB3129 which amends the Illinois Equal Pay Act. The amendments now make it unlawful for employers with 15 or more employees to fail to include a description of the benefits and pay scale for a position in any specific job posting.

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Illinois Proposed compensation program for officers and certain key management personnel