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Industrial and Organizational Psychology 1(1): 3–30.

Course: Health and Welfare Plans: Plan Types and Administration Managers can play a pivotal role in employee well-being, but they’re lacking organizational support.

Among those who did, 67% of Gen Zs and 72% of millennials felt their job allows them to make a meaningful contribution to society.; ;Almost half of respondents (41% of Gen Zs and 46% of millennials) said their primary job is central to their identity.

Ihrke also shared WTW data that showed organizations with high well-being scores are linked to better business outcomes, including: ;36% more return on equity; ;30% lower healthcare costs for the employer; ;19% more return on assets; ;5% more revenue per employee; To encourage employees to make preventive care a priority, Ihrke said, “Total rewards professionals should have a targeted communication strategy to provide education and have reminders on when an individual should see a physician, include options for both in-person and virtual appointments, and communicate anticipated costs.”

Additional findings included: ;36% of surveyed CHROs expect to increase their hiring over the next six months — down slightly from 37% in the fourth quarter of 2024.; ;32% expect employee retention to improve over the next six months — down slightly from 34% in Q4 2024.; ;20% expect to decrease their hiring over the next six months — up slightly from 19% six months ago and a significant jump from only 11% in Q2 2024.; ;16% of CHROs expect their employee retention to decrease — down from 21% in Q4 2024.; “CHROs are taking a more thoughtful, steady approach as economic and policy uncertainty lingers.

.; ;Workers at smaller organizations tend to get less time off — for instance, at employers with fewer than 50 workers, 72% of workers have access to sick leave, compared to 90% of those at businesses employing more than 500 people, according to the U.S.

The law, which takes effect Jan. 1, 2024, requires employers to disclose an hourly rate or salary range in job postings.

In the survey of nearly 2,000 working Americans, 36% of respondents stated they feel burned out and 33% reported feeling more burned out than a year ago.

Pay Transparency Plays a Role Advocates of increasing pay transparency have posited that over time it will level out the playing field and limit the effects of bias — the type that could potentially occur from salary negotiations.

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