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The Potential ROI for Covering GLP-1s , Workspan Daily Plus+ article;Benefits Pulse: A Guide to Listening, Learning, and Leveling Up , tool; In traditional pharmacy benefit models, pharmacy benefit managers (PBMs) operate as a nontransparent intermediary, making it difficult for employers to see the true cost of medications or how rebates and discounts are managed.

“Our hybrid work model helps us attract and retain top talent and sets us apart from other companies in our industry — and we remain committed to this model,” the memo said.

With hybrid plans being the dominant trend in employee benefits, HR’s role is to understand the different plan models and help employees compare the offerings through educational communications.

The fractional model also can transform leadership into a variable cost, aligning it more closely with actual needs and current financial situations, which can be advantageous in a financial climate that favors lean operations.

Find the sweet spot that suits your unique culture, allowing you to mold and amplify its characteristics.

Access a related Workspan Daily article on this subject: Organizations Are on the Skills Bandwagon; How TR Can Drive It; Access bonus Workspan Daily Plus+ content on this subject: A Step-by-Step Guide to One Skills-Based Org Lever TR Can Pull; As more employers focus on skills-based hiring and pay models, total rewards professionals can support those efforts by helping employees curate their career portfolios through skills alignment and diverse growth experiences.

Utilizing the SOC model allows the “C” compensation portion of the model to act as the focus area of a formidable leadership development program.