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For WorldatWork Members Health Insurance Selection Checklist for Employees , Workspan Daily Plus+ article;Getting Benefits Enrollment Right: Big Trends Spark Fresh Strategies , Workspan Magazine article;Considerations to Manage the Costs of GLP-1 Coverage , Workspan Daily Plus+ article; For Everyone Employers Facing Healthcare Cost Containment Challenge for 2025 , Workspan Daily article;Employer Healthcare Costs Projected to Hit 10-Year High in 2025 , Workspan Daily article;Do Your Employees Understand the Health Plan They Picked?

This isn’t theory, it’s an historically proven disruptor (see Figure 1).

WorldatWork HRCI* SHRM** Credits 1 general 1 1 *HRCI: This program has been approved for 1 (HR (General)) recertification credit hour toward aPHR™, aPHRi™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through the HR Certification Institute.

Minnesota passed its own law May 17 (effective Jan. 1, 2025), and Maryland updated its pay transparency law on April 25, requiring employers to provide salary ranges on job postings (effective Oct. 1, 2024).

Voters in Alaska approved Ballot Measure 1 , the “Minimum Wage Increase and Paid Sick Leave Initiative,” passing with nearly 57% of the vote.

Issue 1: Share Reserve Typically defined as the number of shares requested for post-IPO equity awards, a share reserve is the “bank” of shares upon which the organization draws as it grants equity-based LTI awards (e.g., stock options, restricted shares).

For additional information and historical context to the rule, see these WorldatWork resources: Workspan Daily: Jan. 1 Deadline Is Approaching for OT Final Rule; Will You Be Ready?

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.

“As we work toward President Trump’s goal of 1 million active apprentices , the Department of Labor’s commitment to faster decisions, clearer standards and greater flexibility will enable employers across all industries to launch high-quality Registered Apprenticeship programs and help more Americans access high-paying careers.”

The order and its accompanying fact sheet direct the Secretary of the Treasury to create a new federal platform, named TrumpIRA.gov, scheduled to be operational by Jan. 1, 2027.