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CVS Health to L ay O ff N early 2,900 E mployees As reported by Reuters , CVS Health said Tuesday, Oct. 1, it would lay off about 2,900 employees, representing less than 1% of its workforce, to cut costs.

The stages are: Nov. 1, 2023: BC Public Service Agency and Crown corporations with more than 1,000 employees (ICBC, BC Hydro, WorkSafeBC, BC Housing, BC Lottery Corporation and BC Transit);Nov. 1, 2024: all employers with 1,000 employees or more;Nov. 1, 2025: all employers with 300 employees or more;Nov. 1, 2026: all employers with 50 employees or more; The B.C. legislation also prevents employers in the province from asking prospective employees for pay history information, or from punishing employees who disclose their pay to co-workers or potential job applicants.

Key details for employers include the following: ;All employers with at least 10 employees as of Oct.1, 2025 are required to register employees with the EWF and make contributions if they don’t currently offer a provident fund or comparable assistance to employees for employment termination or death.

Some legal analysts do not anticipate other states immediately following the same additional pay transparency requirements, as most seem content with the federal requirement to file the EEO-1 report, a mandatory annual data collection that requires all private sector employers with 100 or more employees to submit demographic workforce data, including data by race/ethnicity, sex and job categories.; Among the many headwinds Silicon Valley companies currently face this year are new regulations that are designed to increase pay transparency but could also cause compliance headaches.

Key Takeaways ;Pharmacy Coverage, Well-Being Initiatives Driving Benefits Strategies; ;Report Finds Half of Retirees Fear Running Our Money; ;CFOs Putting More Emphasis on Growth Functions, Tech, AI; ;Missouri Federal Judge Dismisses Starbucks DEI Lawsuit; ;Figures and Facts of the Week; Pharmacy Coverage, Well-Being Initiatives Driving Benefits Strategies Glucagon-like peptide-1 (GLP-1) medication demand and well-being concerns are shaping employee benefits strategies in 2026, according to a new report by NFP, an Aon company and benefits consulting firm.

In the below figure, consider: Lines 1 and 3 reflect the ratio of pay received by the interim CEO vs. the former CEO.

Workspan Daily Plus+ article; For Everyone Wage-and-Hour Compliance: You Are Either Fine or Fined , Workspan Daily article;The Facts on Tax: Breaking Down the H.R. 1 Overtime, Tips Provisions , Workspan Daily article;A Clause on Clawbacks: Bill Aims to Close ‘Loophole’ in FMLA , Workspan Daily article;Tips for Becoming a Wage and Hour Champion , Workspan Daily article; The U.S.

On Jan. 1 of last year, for example, Colorado’s Equal Pay for Equal Work Act went into effect, aimed at prohibiting gender-based pay discrimination and imposing more stringent requirements concerning pay transparency.

(For its purposes, the study used family-level data from the Medical Expenditure Panel Survey from Jan. 1, 2011, to Dec. 31, 2019.

Frost: In my conversations with HR and TR leaders, there are three clear and prominentpriorities: 1.