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Specialty drugs designed to treat diabetes but are also effective in aiding weight loss can cost as much as $1,350 per patient per month, and coverage of weight loss medication can add $2.25 to $2.60 per member per month to an organization’s health plan spend.

Total Compensation = Base Compensation + Incentive Compensation + Total Benefits Total Rewards: People and Talent Metrics Absence Rate Absence Rate = (Number of Days Absent / Total Number of Available Workdays) x 100 Cost Per Hire (CPH) CPH = Total Recruiting Costs / Number of Hires Employee Engagement Index Engagement Index = Sum of Engagement Scores / Number of Respondents Human Capital ROI (HCROI) HCROI = (Revenue - Operating Expenses - (Compensation + Benefits Costs)) / (Compensation + Benefits Costs) Offer Acceptance Rate Offer Acceptance Rate = (# of Offers Accepted / Number of Offers Made) x 100 Offer Decline Rate Offer Decline Rate = (# of Offers Declined / Number of Offers Made) x 100 Revenue Per Employee Revenue Per Employee = Total Revenue / Total Number of Employees Time to Fill Time to Fill = Sum of Total Days to Fill All Roles / Number of Roles Filled Training Investment Per Employee Training Investment Per

“The average hospital stay for COVID-19 has cost Delta $50,000 per person.

Starbucks employees make an average wage of nearly $17.50 per hour, with baristas earning $15 to $24 an hour and total compensation of roughly $27 per hour including benefits, according to the company.

Currently: ;30 states (plus the District of Columbia) have a minimum wage rate that exceeds the federal rate.; ;12 states have minimum wages that match the federal rate.; ;5 states (Alabama, Louisiana, Mississippi, South Carolina and Tennessee) have not adopted a state minimum wage.; ;3 states (Georgia, Oklahoma and Wyoming) have a minimum wage below $7.25 per hour.; For the eight states in the last two bullet points, the federal minimum wage of $7.25 per hour generally applies.

Access a bonus Workspan Daily Plus+ article on this subject: ;How to Contend with a Job-Hopping Workforce; When comparing positions held by workers after the age of 21 (excluding part-time and short-term work during high school or college), the research revealed the following longevity averages: ;Baby Boomers: 3.6 employers in 27.1 years (7.5 years per job); ;Generation X: 4.2 employers in 19.4 years (4.6 years per job); ;Millennials: 3.9 employers in 9.2 years (2.4 years per job); ;Generation Z: 2.7 employers in 2.8 years (1 year per job); Although the data may exclude some shorter-term, early career jobs not listed by older workers, the gap is more than significant enough to account for those omissions, and it still paints a picture of dramatically increased job-hopping by the workforce’s newest entrants, said Jesse Wheeler, a senior macroeconomic analyst at Revelio Labs.

Quantitative Data Collection: 🗹 Number of PTO requests;; 🗹 Number of PTO approvals;; 🗹 Average PTO accrued per employee;; 🗹 Average PTO used per employee;; 🗹 Reasons for PTO usage (e.g., vacation, personal leave, sick leave);; 🗹 Reasons for PTO not being approved;; 🗹 Employee headcount;; 🗹 Overtime hours worked; Qualitative Data Collection: 🗹 Reasons for not taking leave (e.g., workload, lack of coverage, manager disapproval, accruing for a later purpose);; 🗹 Employee understanding of PTO policies;; 🗹 Employee perceptions of corporate/department culture on taking time off;; 🗹 Employee feedback on improving PTO usage;; 🗹 Manager’s challenges in approving PTO requests (e.g., late requests, holiday weeks, request/approval system, staffing issues);; 🗹 Impact on team/department when employees are absent (high, low, unacceptable, etc.).;; 🗹 Manager feedback on improving PTO usage;; 🗹 Focus group sentiments regarding the effectiveness of PTO policies and practices that impact

The Fair Labor Standards Act (FLSA), which was passed in 1938, mandated overtime pay for most workers putting in more than 40 hours per week.