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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.

Course Essentials of Total Rewards Explore Learning Options Essentials of Total Rewards introduces HR professionals and adjacent roles to the WorldatWork Total Rewards model and the critical role it plays in shaping both organizational outcomes and employee experience.

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.

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.

There are many types of profit-sharing plans, such as: ;Pro-rata plans (benefiting employees equally based on predetermined factors).; ;Age-weighted plans (awarding more significant portions of the profit sharing to workers closer to retirement).; ;Deferred profit sharing (contributing the profit sharing to a retirement account, such as a 401[k]).; ;Cash plan (making direct cash payments to employees).; The employer will need to determine what type of plan is best for the organization.

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.

As explained in the regulations , “Where an employee works a part-time schedule or variable hours, the amount of FMLA leave that an employee uses is determined on a pro-rata or proportional basis.