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.; ;Solicit and analyze employee feedback on available resources, positive and negative cultural experiences, and how the program can be improved.; ;Look for trends in the overall reduced frequency of treatments for heart disease, kidney disease, sleep apnea, cholesterol, and other therapies or prescriptions that impact your costs.; Editor’s Note: Additional Content For more information and resources related to this article, see the pages below, which offer quick access to all WorldatWork content on these topics: ;Employee Benefits; ;Finance and Budgeting; ;Total Rewards; ;Well-Being; #1 Total Rewards & Comp Newsletter Subscribe to Workspan Weekly and always get the latest news on compensation and Total Rewards delivered directly to you.

.; ;Routinely analyze AI-driven, skills-based compensation decisions for equity and consistency , searching for disparities or unintended bias.; ;Establish strong integration between compensation and learning and development.

A Biosimilar Playbook These experts outlined the following steps for employers interested in introducing or expanding biosimilar coverage: ;Work with your healthcare consultant or PBM to analyze claims and utilization data, pinpointing biologic utilization and costs — and create a system to track and compare usage and costs of biosimilars.; ;Examine PBM formularies to determine whether, and which, biosimilars are included or excluded.; ;Negotiate the inclusion of biosimilars in PBM formularies and set up cost-share incentives.; ;Review utilization management structures to assess or adjust their inclusion of biosimilars.; ;Develop and distribute educational materials for employees about how biosimilars work , their safety and effectiveness, and the cost savings they offer — and, where possible, explore efforts to engage and educate providers.; “If an employer’s PBM will not allow for customization, employers should evaluate carving out specialty drugs to an external vendor to

Much of their time has been spent analyzing employment applications, screening out those not qualified and rank-ordering the rest based on their apparent suitability.

The Independent Contractor Process Given the freelance economy’s crucial benefits in providing companies with the time to prepare for future demands and insulation from labor shortages and inflation, companies need to start updating their definitions of “employment” and analyze which roles need to be done by a full-time employee and what can be done by a part-time worker or contractor.

If we avoid analyzing how our operations have created obstacles in providing our members with experiences for which they are asking, we avoid ensuring that the exchange between our members and our association is everything it can be.

“Despite the ability to identify and analyze disparities across different populations, with some employers, little to no action is being taken,” she said.

.; ;Analyze the changes at both the state and federal level.; ;Prioritize the shifts that are most likely and/or significant for a particular organization.; ;Preemptively review and update policies, such as wage/hour classifications, noncompete agreements, DEI initiatives and workplace conduct guidelines.; Cheeseman at Norton Rose Fulbright recommended employers stay in close contact with labor and employment attorneys for guidance.

Methodology To identify trends in C-suite compensation in large, publicly traded companies, Gallagher’s CEO and Executive Compensation Trends: 2024-2025 Edition includes compensation data for 2,892 companies analyzed by major industry and company size.

.” — Gordon Frost, global rewards solution leader, Mercer From optimizing the nutrients in soil or analyzing the effects of climate conditions on sea levels to predicting patient health risks , artificial intelligence (AI) is proliferating in most industries.