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Workspan Daily
08/23/2024
Workers may also report their employer to the Illinois Department of Labor, which can levy fines of $1,000 per violation.
Author(s):
Workspan Daily
12/16/2024
In the United States, per the Fair Labor Standards Act , the answer depends on whether an employee is nonexempt (hourly) or exempt (salaried).
Author(s):
Workspan Daily Plus+
03/26/2025
Calculate the key metrics used to evaluate each program, such as total compensation and benefit costs, benefits cost as a percentage of total compensation, costs per employee, utilization rates, employee satisfaction scores, etc., and determine year-to-year changes to assess trends and patterns.
Author(s):
Workspan Daily
07/02/2025
Ihrke also shared WTW data that showed organizations with high well-being scores are linked to better business outcomes, including:
;36% more return on equity;
;30% lower healthcare costs for the employer;
;19% more return on assets;
;5% more revenue per employee;
To encourage employees to make preventive care a priority, Ihrke said, “Total rewards professionals should have a targeted communication strategy to provide education and have reminders on when an individual should see a physician, include options for both in-person and virtual appointments, and communicate anticipated costs.”
Author(s):
Workspan Daily
08/14/2025
The Impact
Cost increases for outpatient prescription drugs outpaced all other health benefit plan categories in 2025, rising 11.4% and eclipsing both overall inflation and the 7.9% jump in per-person costs for many health insurance plans, according to the
2025 Health Plan Cost Trend Survey from consulting firm Segal.
Author(s):
Workspan Daily
08/22/2025
A
Generations at Work Pulse report , which included responses from more than 2,000 U.S. professionals, found:
;Recognition, flexibility and fair compensation are top engagement drivers, but priorities vary slightly per group.;
;Millennials place a higher value on work-life balance than older generations.;
;Distractions and tech frustrations affect everyone, though younger workers tend to feel them less intensely.;
;All generations benefit from strategies like setting boundaries, seeking feedback and upskilling to stay engaged.;
The report also found constant distractions disrupt focus.
Author(s):
Workspan Daily
10/16/2024
. ;
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Mercer: ‘A Tough Balancing Act’
According to preliminary responses from 1,800 U.S. employers in Mercer’s 2024 National Survey of Employer-Sponsored Health Plans , total health benefit cost per employee is expected to rise 5.8% on average in 2025.
Author(s):
Workspan Daily Plus+
11/26/2024
Federal Law The Affordable Care Act requires qualified health plans on the federally facilitated Marketplace Exchange to provide adequate networks per the guidance established by the Centers for Medicare and Medicaid Services (CMS), and for participating states to submit annual data .
Author(s):
Workspan Daily
09/12/2025
.;
;Second jobs and gig work are on the rise in response to inflation and
rising living costs , increasing the average work hours per week for many Americans.;
Retirement Account Balances Reached Record High in Q2
Americans’ average 401(k), 403(b) and individual retirement account (IRA) balances reached record highs in the second quarter of 2025, according to Fidelity Investments’ latest
retirement analysis , released on Thursday, Sept. 4.
Author(s):
Workspan Daily Plus+
01/20/2026
., cost-per-hire, turnover) impact the profit-and-loss statement.
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