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According to a 2024 survey by JW Surety Bonds of 710 employees and 310 employers, only 13% of employees currently receive help from their employer for renting or buying a home.

The Law, from a Wider Lens Affected restaurants under the new law should consider ramifications beyond the minimum wage, said Michael Citron, principal, compensation and rewards consultant at Mercer.

While 97% of employers said well-being is a priority and reflected within the benefit offering, only 69% of employees agreed their employers felt this way and reflected that in their benefits.

Key Takeaways Healthcare costs continue to weigh on employers.

For WorldatWork Members ;WorldatWork’s Salary Budget Survey , research; ;Bonus Programs & Practices , research; ;Answers to Common Employee Questions on Pay Transparency , Workspan Daily+ article; ;How Employers Can Structure and Communicate Appropriate Pay Bands , Workspan Daily+ article; For Everyone ;Global Salary Increase Budgets Contracting; U.S.

Age 65 is the current normal retirement age for social security in the country; the employment rate for Mexicans age 55 to 64 is 56.6% as of 2022’s fourth quarter.

AI and Pay Transparency Another developing storyline in pay transparency is the Equal Employment Opportunity Commission’s Title VII guidance that requires employers to review whether their use of artificial intelligence (AI) creates disparate impacts, or unintentional discrimination, that may violate employment law.

Wielding Employer Power Responsibly An “employer’s market” means workers, less confident in their ability to job-hop, may be more likely to tolerate increased hours and fewer benefits.

“Employers that are slow to adapt risk higher early career turnover, weaker employer brand and higher cost to replace entry-level talent.”

For WorldatWork Members Considerations to Manage the Costs of GLP-1 Coverage , Workspan Daily Plus+ article;Navigating Living Wages in Total Rewards , Workspan Magazine article;Five Emerging Workplace Trends Affecting the Employee Experience , Journal of Total Rewards article; For Everyone As Interest in GLP-1 Drugs Spikes, Employers Weigh the Costs, Benefits , Workspan Daily article ;Employer Healthcare Costs Projected to Hit 10-Year High in 2025 , Workspan Daily article ;Employers Look to Balance Rising Health Costs, Benefit Upgrades in ’25 , Workspan Daily article ;As Health Costs Spike, Total Rewards and CFO Collaboration Is Crucial , Workspan Daily article ; Healthcare costs in the coming year are expected to rise in varying degrees for employer-provided coverage plans, according to three reports recently published by WTW, Segal and Mercer .