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Save Reuse Permission As the demand for glucagon-like peptide-1 (orGLP-1) drugs increases, and the potential applications of them continue to expand (from diabetes management to obesity and beyond), employers are weighing both the cost of covering the medications and the potential long-term benefit (to employees and the organization).

Access bonus Workspan Daily Plus+ content on this subject: Considerations to Manage the Costs of GLP-1 Coverage; Increasing Demand Poses Expensive Deliberations Among the nearly 300 employers surveyed by the IFEBP for a recent study, 34% are now covering GLP-1 drugs for both diabetes management and weight loss, up 8 percentage points from 12 months ago.

; ;The Impact of the H.R. 1 Law on the Telehealth Safe Harbor; ;How H.R. 1 Changes Your Section 127 and 529 Education Programs;Charting the Changes: 2026 Benefit Plan Limitations; Additional Workspan Daily Plus+ articles related to H.R 1: ;Checklist for Total Rewards to Be Compliant with H.R. 1 Provisions; ;The Ripple Effect: 529 Plans as a Catalyst for Financial Stability;What Are TR Pros’ Options for Paid Care Leave Design; Compensation and Payroll System Updates In the area of payroll and compensation, experts shared these system updates may be required: ;W-2s need to include reporting fields that separate qualified overtime compensation from base pay.

Access additional Workspan Daily articles related to H.R. 1: ;The Facts on Tax: Breaking Down the H.R. 1 Overtime, Tips Provisions;Prepare Your Systems for H.R. 1-Related Reporting and Administration; ;New U.S.

Access additional Workspan Daily articles related to H.R. 1: The Facts on Tax: Breaking Down the H.R. 1 Overtime, Tips Provisions;How H.R. 1 Changes Your Section 127 and 529 Education Programs;Prepare Your Systems for H.R. 1-Related Reporting and Administration;New U.S.

Save Reuse Permission As reported by CNBC , Home Depot on Tuesday said it will spend an additional $1 billion to give its hourly employees a raise.

Save Reuse Permission The decision to cover glucagon-like peptide-1 (GLP-1) drugs, such as Ozempic and Wegovy, on a group health plan is a complex one.

Save Reuse Permission Glucagon-like peptide-1 (GLP-1) medications are more top-of-mind than ever this year for employees — and they’re looking to their employers to help pay for them.

Toward the HCE exemption, the DOL’s 2024 rule stipulated that classified workers make at least: $132,964 in total annual compensation on July 1 (up from the previous $107,432 outlined in the 2019 final rule), and;$151,164 on Jan. 1, 2025.; In effect, the Nov. 15 court decision: Nullified the Jan. 1 threshold increases;;Rescinded the July 1 increases;;Eliminated another increase slated for July 1, 2027; and,;Nixed the DOLrule’s automatic “escalator” provision, which would have increased the thresholds every three years going forward, starting with the July 1, 2027, compliance date.; The 2019 thresholds of $35,568 for the EAP exemption and $107,432 for the HCE exemption — both set by the DOL under the first Trump administration — are poised to go back into effect, according to reports .

; ;The Impact of the H.R. 1 Law on the Telehealth Safe Harbor; Access additional Workspan Daily Plus+ articles related to H.R 1: ;Checklist for Total Rewards to Be Compliant with H.R. 1 Provisions; ;The Ripple Effect: 529 Plans as a Catalyst for Financial Stability;What Are TR Pros’ Options for Paid Care Leave Design; Growing Care Needs The federal income tax credit for employers offering PFML was first introduced with passage of the 2017 Tax Cuts and Jobs Act.