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Workspan Daily
08/23/2024
Workspan Daily News Bytes for Aug. 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):
WorldatWork Staff
Workspan Daily
12/16/2024
Who Gets Paid When Bad Weather Shuts Down Work?
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):
Audrey Ingram
Workspan Daily Plus+
03/26/2025
Financial Reporting 101 for Total Rewards Pros
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):
Shari Lau
Workspan Daily
07/02/2025
Preventive Care Can Lift Employee Well-Being, Lower Healthcare Costs
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):
Audrey Ingram
Workspan Daily
08/14/2025
A Prescription for Rising Drug Costs
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):
Mark Toner
Workspan Daily
08/22/2025
Workspan Daily News Bytes for Aug. 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):
WorldatWork Staff
Workspan Daily
10/16/2024
Employers Facing Healthcare Cost Containment Challenge for 2025
. ; ; 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):
Tom Starner
Workspan Daily Plus+
11/26/2024
Ghosts in the Machine: Policing Provider Network Adequacy Issues
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):
Shari Lau
Workspan Daily
09/12/2025
Workspan Daily News Bytes for Sept. 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):
WorldatWork Staff
Workspan Daily Plus+
01/20/2026
The Advantages and Challenges of Working with a Non-HR CHRO
., cost-per-hire, turnover) impact the profit-and-loss statement.
Author(s):
Shari Lau
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