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This is on top of ongoing talent shortages and the Fourth Industrial Revolution that continues to unfold in front of us.

“This is exactly the rhetoric exhibited by the UAW and echoed by politicians,” Miller said, pointing out that not all businesses will have recouped returns as seemingly large as those in the automotive industry.

., three healthcare choices, two pension plans);; ;Eligibility criteria;; ;Employee enrollment/participation rates;; ;Elective contributions/employer matching;; ;Investment choices/fund performance;; ;Benefits utilization (which can be manipulated by demographics);; ;Employer and employee costs (out-of-pocket costs for each);; ;Turnover and retention rates; and,; ;Industry benchmarks .; TR pros may collect this data through several methods, such as: ;Employee surveys.

In each issue of Workspan, we “Ask the Experts” to gather insights from thought leaders and industry authorities on total rewards challenges and current workforce issues that are top-of-mind for you.

;Prescription Pricing for the People Act , which aims to: (1) require the Federal Trade Commission (FTC) to complete a study examining the effects of consolidation on pricing in the PBM industry, as well as “other potentially abusive behavior by PBMs”; and, (2) instruct the FTC to provide policy recommendations to Congress to improve competition and protect consumers.;; Bill Aims to Let Workers Use HSA, FSA or HRA for Wearable Tech Rep.

A study from beqom found that 63% of American employees know the current industry benchmark pay rate for the role they want.

A widely accepted rule of thumb suggests the probability of achieving these levels should follow a structured pattern (see Figure 1 below): ;Threshold goal (80% to 90% probability).

Some organizations, including Amazon’s Ring LLC , are saying yes — and given the speed at which AI tools and skills are being integrated into more industries, experts anticipate that others will follow .

Salary.com, a compensation software, data and services business, surveyed 738 organizations (representing 22 industries) in April and May for this year’s report.

.; The issue varies across industries, with government postings leading at a 60% gap, followed by education and health services (50%), information (48%), and financial activities (44%).