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Found 485 results
Journal Article
03/15/2023
Long-Term Care Insurance with Particular Attention to the CalPERs Disaster
For the United States, the average cost of a private room in a nursing home is $303 per day, which comes to $110,595 per year.
Author(s):
John G. Kilgour
Workspan Magazine
04/11/2024
Navigating the Latest Developments in ‘Instant Pay’ Popularity
Even among employees earning $100,000 or more per year, nearly half (47%) are stressed about their finances, the PwC survey found.
Author(s):
Erin Binney
Workspan Daily Plus+
04/23/2025
Rate Your Current State with This PTO Usage Audit Checklist
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
Author(s):
Shari Lau
Tools
WorldatWork KPIs and Business Formulas
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
Workspan Daily
02/08/2022
Raising Insurance Premiums for the Unvaccinated: Proceed with Caution
“The average hospital stay for COVID-19 has cost Delta $50,000 per person.
Author(s):
Mark McGraw
Workspan Daily
09/29/2023
UPS to Hire 100,000 Holiday Workers
Package handlers and driver helpers will make $21 per hour, while delivery and tractor-trailer drivers will make $23 per hour during the holiday season, a UPS spokesperson said.
Workspan Daily
04/04/2024
The Shakeout from California’s New $20 Fast-Food Minimum Hourly Wage
California’s new law mandates that large fast-food chain restaurants (those with 60 or more locations nationwide) must raise their minimum wage for workers in the state from $15 per hour to $20 per hour.
Author(s):
Tom Starner
Site Page
WorldatWork Foundation Leaders
Most recently she was Director, Total Rewards for Acumatica an ERP solutions technology firm in Bellevue, WA.
Workspan Magazine
07/27/2023
Labor Law Change in Mexico Seeks Mandatory Older-Worker Quota
Australia Australia Hikes Minimum Wage in Response to Cost-of-Living Surge As of July 1, Australia’s employees on the minimum or award wage system saw a 5.75% rise in pay to $23.23 per hour, or $882.80 per week.
Author(s):
WorldatWork Staff
Tools
WorldatWork KPIs and Business Formulas
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
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