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“It’s about making sure the provisions in the plans are modern enough to protect the risks of today, not the risks of 10 years ago.”

For WorldatWork Members ;Considerations to Manage the Costs of GLP-1 Coverage , Workspan Daily Plus+ article; ;The What, How and Why of Performing a Cost-Benefit Analysis , Workspan Daily Plus+ article; ;Health Insurance Selection Checklist for Employees, Workspan Daily Plus+ article; ;Use This Checklist Toward Modernizing Your Pharmacy Benefits , Workspan Daily Plus+ article; For Everyone ;Rising Healthcare Costs Forcing Employers to Rewrite Their Game Plan , Workspan Daily article; ;Healthcare Cost Projections Necessitate TR Strategy Updates , Workspan Daily article; ;Preventive Care Can Lift Employee Well-Being, Lower Healthcare Costs , Workspan Daily article; ;As Interest in GLP-1 Drugs Spikes, Employers Weigh the Costs, Benefits , Workspan Daily article; ;Cost-Benefit Analysis May Help You Maximize Your Offering Spend , Workspan Daily article; Employers are facing a higher spike in healthcare costs than they’ve seen in years.

Emerging Benefits to Consider According to the experts in this story, new or emerging benefits that employers may want to explore include: Lifestyle spending accounts;Emergency savings programs;Anti-obesity and diabetes prescription coverage;Four-day work week and flexible scheduling;Leadership development;Programs that seek to boost employee happiness through incentivized activities or tailored benefit and policy solutions;Expanded mental health support (particularly for children, since more than half of U.S. workers are supporting a child living with mental health challenges);Allowing employees to convert the value of unused PTO time and apply it to other areas, such as retirement or student loans;Concierge services that can assist with anything from picking up dry cleaning to taking a dog to the groomer;Access to legal support , and training and education on scams and phishing; Don’t Forget to Communicate Benefits The business rewards of offering modernized, personalized

For WorldatWork Members Getting Smart About Artificial Intelligence — HR’s Practical Guide to AI , Workspan Magazine article;Get the Most Out of Your AI Investment , Journal of Total Rewards article;AI Is HR’s Future, but Modernization Comes First , Workspan Magazine article; For Everyone Chevron Doctrine Overturned: What It Means for Employers , Workspan Daily article;The Impact of the Supreme Court Chevron Decision on the NLRB , Workspan Daily article;From Sci-Fi to Reality: How AI Could Transform Sales Comp , Workspan Daily article;ChatGPT: How HR and Rewards Can Leverage the Newest AI , Workspan Daily article; In the absence of U.S. government legislation regulating artificial intelligence (AI) development and/or usage, several federal agencies — including the Equal Employment Opportunity Commission (EEOC), the National Labor Relations Board (NLRB) and the Department of Labor (DOL) — have taken it upon themselves to roll out guidance and initiatives

.; ;86% of employers believe their benefits are modern , but only 59% of workers agree, according to the Prudential report.; “That’s a big disconnect, but also a big opportunity for employers,” said Christina Pihos, the chief marketing officer at Prudential.

It’s time for a modernized view of what employees need to thrive, and the last few years have truly shown us the diversity of need.”

Finally, we are living through the greatest experiment in workplace transformation in modern history.

[These] Americans deserve a modern pathway to find financial security in their retirement.”

Remote Work Is Shaking Up Healthcare Plan Considerations As remote work reshapes the modern workforce, organizations have an opportunity to evolve their healthcare plans to better meet employee needs.

It covers eligibility, plan design and cost-sharing, as well as strategies for connecting your core benefits philosophy with well-designed health plans that will save money while keeping your employees healthy and happy.