Searching "WTW" on page 11

The survey found 2024 salary increase budget projections to be slightly higher than the 4% increases projected by 2,090 organizations in WTW’s survey and significantly higher than the 3.8% increases projected by 1,757 organizations in Payscale’s survey .

A Business Case for Menopause Benefits Offering menopause benefits improves overall employee health outcomes, enhances talent value propositions and boosts employee retention, said Elaine-Marie Cannella, senior director of health and benefits for WTW.

Next Steps To continue narrowing the racial pay gap, employers must define fair pay commitments and priorities, so they are aligned with the organization’s overall compensation strategy, said Mariann Madden, North America pay equity co-lead at WTW.

“Employers will continue to retool their defined contribution plans through implementing various SECURE 2.0 provisions, including emergency savings, student loan repayment matching and lifetime income,” said Beth Ashmore, managing director, retirement at WTW.

Willis Towers Watson (WTW) research also conferred 2022 salary increase budgets were higher than ever.

For this edition, Workspan editors spoke to Regina Ihrke , North America health, equity and well-being leader, WTW.

Gen Z employees in the United States ranked PTO and leave as the fourth most important benefit when it comes to considering a new employer (ranked behind pay and bonus, career advancement opportunities and flexible work options, but considered more important than job security and health benefits), according to WTW’s “ 2022 Global Benefits Attitudes Survey .”

All eyes are on GLP-1s, in part, because they are “relatively expensive drugs for a large population,” while many other high-cost drugs that make headlines are only applicable for a smaller group of people, said Cody Midlam, director in WTW’s Pharmacy Community.

Expect Another Year of Double-Digit Healthcare Cost Increases In a recent survey of 348 health insurers, WTW found global medical costs are projected to increase by 10.4% in 2025, matching the rate for 2024 and marking a third consecutive year of double-digit price jumps.

WTW’s “2021 Long-Term Incentives Policies and Practices Survey” found that, on average, U.S. companies offering long-term incentives gave awards to 3.2% of the entire employee population.