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Currently, the Affordable Care Act requires that employer-sponsored health insurance plans cover (with no cost sharing) evidence-based screening for cancer, which includes breast, colorectal and cervical cancer screening in broad populations, and lung cancer screening in some smokers and former smokers, said Jeff Levin-Scherz, population health leader, health and benefits at WTW.

According to WTW research, 58% of S&P 500 companies have at least one metric or consider factors related to DEI in their executive incentive plans, such as workforce and leadership representation and closing pay gaps.

Regarding healthcare, employees are often unaware that large organizations assume the lion’s share of financial risk in providing such benefits, said John Jones, a m anaging d irector and e mployee e xperience b usiness l eader at WTW.

At the same time, pay, benefits and job security rank among the top drivers of employee attraction and retention, according to WTW’s 2022 Global Benefits Attitudes Survey .

While the EU directive does not apply to the United Kingdom, organizations in the UK are also considering increased transparency, with 54% planning to share pay ranges with their employees in the future and 52% considering sharing a pay transparency commitment, according to WTW .

These latest wage hikes are part of a recent trend showing an increased volume, pace and magnitude of change in the compensation space, said Erika Johnson, the director of work, rewards and career at advisory firm WTW.

Because outputs can be inaccurate or biased, human intervention remains necessary, said Monica Martin, the senior director of integrated and global solutions and a total rewards leader at WTW.

San Jose, CA, US MEMBER Eric Hosken Compensation Advisory Partners (CAP) New York, NY US MEMBER Becky Huddleston WTW Chicago, IL, US MEMBER Jan-Margaret Llorey Avantor San Diego, CA, US Member Jessica Page CECP Zebra Technologies Lincolnshire, Illinois, US MEMBER Michael Perloff J.D.

Though Germany-specific, the decision raises questions for employers with operations in other EU member states, suggests a recent brief by WTW .

Before you think about making changes, you want to consider the impact the program could have on your employees and how you can better serve them, said David Amendola, senior director in the retirement practice at WTW.