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Which peer sets and surveys define “the market” for each population?

Diez, who has visited more than 90 countries and hopes to reach 100 in the coming years, brings an integral international mind-set to the WorldAtWork community.

In publicly traded companies, key employees may receive stock options — the right to purchase shares at a set price when certain conditions are met, explained Ryan Cameron, a senior director at consulting firm WTW.

.; ;Health insurance companies and pharmacy benefit managers (PBMs) — Payers and PBMs set formularies, negotiate rebates, establish utilization management guidelines and impact what is covered for members.; PBM Strategies Given the role of PBMs in setting medications that are covered or recommended within an employer’s plan, they’re a key partner in adjusting or adding biosimilar coverage, said Savitha Vivian, the senior vice president of industry relations and formulary strategy at pharmacy benefit manager Optum Rx.

It may be necessary to evaluate existing personnel to determine if they are a good fit to the new set of responsibilities and skills.

; ;How do you translate all of that into a coherent set of guiding principles — a cultural lens — that actually shapes decisions?

“There’s more transparency around target setting, quota setting and compensation planning

The rationale is that it is better to keep individuals on their familiar, high-quality coverage without changing networks or re-setting deductibles.

The most common approach in 2024 was to set pay based on the employee’s primary residence (29%).

To level-set on this benefit and understand ways employers can maximize its success (to the organization and to the workforce), Workspan Daily (WD) connected with Sara Taylor, the senior director of employee spending accounts at WTW, for an FSA question-and-answer session.