Comp & Benefits: Page 10
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Fewer than 1 in 5 employer-sponsored plans cover GLP-1s for weight loss
While employers footed the bill for health plan price increases in 2024, they were largely unwilling to give employees access to popular weight loss drugs.
By Susanna Vogel • Oct. 11, 2024 -
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NY comptroller projects Wall Street bonus boost for 2024
Salaries, on average, slid again last year as profits tumbled from pandemic highs, but the state comptroller’s office predicts bonuses will grow 7.4% this year, as profits in the first half of 2024 soared.
By Caitlin Mullen • Oct. 10, 2024 -
Explore the Trendline➔
Adeline Kon/HR Dive
TrendlineInside the rapidly changing world of employee benefits
Healthcare costs are climbing and employee needs are changing. How can HR professionals adapt?
By HR Dive staff -
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Employers willing to pony up for in-office work, Robert Half says
RTO premiums of up to 20% are on the table for new hires, the consulting firm’s June survey of managers found.
By Ryan Golden • Oct. 10, 2024 -
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Sponsored by ConduentNavigating today’s financial vortex
Economic challenges of our recent past and the uncertainty for the foreseeable future are impacting health, retirement preparedness and overall well-being.
Oct. 7, 2024 -
WTW: Employers are focusing on plan designs to manage healthcare costs
Nearly half of the employers surveyed said healthcare costs will exceed budget projections this year, WTW said.
By Ginger Christ • Oct. 3, 2024 -
Courtesy of Hobby Lobby
Hobby Lobby to raise starting pay to $19.25 per hour
The arts and crafts retailer has continued opening stores despite inflation's effects on consumer discretionary spending.
By Nate Delesline III • Sept. 30, 2024 -
Pexels / Anna Shvets
Sponsored by ZayZoonIt’s open enrollment season: Are you ready?
Navigate open enrollment with ease using our survival guide and best practices checklist!
By Jocelyn Meyer • Sept. 30, 2024 -
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This week in 5 numbers: Is a full RTO on the horizon?
Here’s a roundup of eye-catching numbers — including the share of CEOs who say workers will be fully back in the office within three years.
By Ginger Christ • Sept. 26, 2024 -
Stock photo via Getty Images
Column // Happy HourPay transparency can be awkward — but it can move the workplace forward
Workers, especially those who are marginalized, are better able to advocate for themselves if they have more pay information.
By Ginger Christ • Sept. 26, 2024 -
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How colleges can close the persistent wage gap
Experts pointed to pay audits, pay transparency, standardizing promotions and improving workplaces as ways to tackle the issue.
By Danielle McLean • Sept. 26, 2024 -
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Labor market closer to pre-pandemic ‘normal’ — which could lead to steady 2025 salary budget growth, Mercer says
The worker shortage in 2024’s final months is comparable to that of 2019, analysts said during a Sept. 18 webinar.
By Ryan Golden • Sept. 25, 2024 -
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Sponsored by OverDriveHow one company used its leadership book club to promote a learning culture
When it comes to building strong connections at work, see how launching a book club can spark this movement.
Sept. 23, 2024 -
Courtesy of Amazon
Amazon increases hourly pay by $1.50, adds free Prime membership for thousands of workers
With this move, the e-commerce giant’s average hourly pay tops $22, below the industry average and what many of its employees demand.
By Daphne Howland • Sept. 20, 2024 -
Joe Raedle / Staff via Getty Images
North American firms are largely transparent on pay — mostly thanks to regulators, WTW finds
Jurisdictions in 15 states and Washington, D.C., mandate pay transparency, and some also mandate pay data collection.
By Ryan Golden • Sept. 20, 2024 -
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This week in 5 numbers: Healthcare costs plague employees, employers
Here’s a roundup of eye-catching numbers — including the amount health benefit costs are expected to rise next year.
By Ginger Christ • Sept. 19, 2024 -
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Election 202440% of states mandate paid time off to vote — but some employers go a step further
Only 29% of U.S. adults said their company has a voting leave policy, according to the results of a recent survey by Brightmine.
By Ginger Christ • Sept. 19, 2024 -
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Deloitte: Women 35% more likely to forgo medical care than men
Women say they skip or delay medical care because of cost, long wait times and transportation issues, a recent survey found.
By Ginger Christ • Sept. 18, 2024 -
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Express Scripts sues FTC over report damning pharmacy benefit managers
The major PBM said its lawsuit is necessary to protect against misinformation about the controversial drug middlemen, while the FTC promised to defend its research.
By Rebecca Pifer • Sept. 17, 2024 -
Courtesy of Sam's Club
Sam’s Club bumps starting wage to $16, accelerates increases for front-line workers
As employers focus on retention, compensation is a crucial piece of that puzzle.
By Caroline Colvin • Sept. 17, 2024 -
Brandon Bell / Staff via Getty Images
Mercer: Healthcare costs expected to climb more than 5% for third straight year
An imbalance between the number of healthcare workers and the demand for services is driving prices up, a Mercer actuary said.
By Ginger Christ • Sept. 16, 2024 -
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Sponsored by VSP® Vision Care4 ways vision benefits are a recruitment and retention tool
One in every two employees struggles with at least one eye issue.
Sept. 16, 2024 -
Kate Tornone/HR Dive
5th Circuit signs off on DOL’s overtime salary basis test
The court’s decision may not be the last word on the issue, however, one attorney told HR Dive.
By Ryan Golden • Sept. 13, 2024 -
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3rd Circuit revives lawsuit against DOL’s home care wage-and-hour final rule
The agency argued that a lawsuit filed by several home care companies was barred by a federal statute of limitations, but the court disagreed, overturning a district court decision.
By Ryan Golden • Sept. 12, 2024 -
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Executive benefits key to retaining leaders, report finds
NFP’s data showed that only 29% of respondents said they fully understood their benefits, however.
By Ginger Christ • Sept. 12, 2024 -
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Salary budgets could grow at near-record pace for 2025
Despite a drop in hiring, employers told The Conference Board that elevated salaries will continue.
By Carolyn Crist • Sept. 12, 2024
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