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Russ Wakelin, WTW’s head of global product development for rewards data intelligence, said that while salary budget growth remains somewhat in check, only 6% of respondents indicated they are planning headcount reductions.

Minnesota House File 1365 , introduced Feb. 21, 2025, and referred to House Taxes Committee; Senate File 2263 , introduced March 6, 2025, and referred to Senate Taxes Committee Legislation is part of larger push to address taxes on tips, overtime and bonuses.

Ensure that anyone workers may reach out to for assistance either knows your workplace’s policies or knows where to point them out. 6) Give survivors a choice in using these benefits.

Pay Transparency: Effective June 1, 2025, employers with 10 or more employees m ust disclose in internally or externally advertised postings the hourly wage or salary, or a range of the hourly wage or salary, and general description of benefits and other compensation programs for which the employee would be eligible within the employee's first 12 months of employment.

Employees become eligible for Chipotle's 401(k) match — either through student loan payments or direct 401(k) contributions — after 12 months of employment and 1,000 hours worked.

The 1.2% increase in the Employment Cost Index (ECI) last quarter and 4.2% increase for the 12-month period ending in March 2024, as reported by the U.S.

The Alight study also found: ;62% of employees who classify themselves as having high overall well-being report they plan to stay in their current job for the next 12 months, compared to 44% of those who consider themselves as having low overall well-being.; ;79% of high well-being employees say they are inspired to do their best work every day, compared to 39% of those with low well-being.; ;35% of high well-being employees say they have experienced symptoms of burnout, compared to 57% of those with low well-being.; Improving Well-Being Strategies Total rewards professionals can implement several strategies to improve employee well-being programs and increase engagement.

Securities and Exchange Commission (SEC) on Wednesday, Feb. 12, announced it had rescinded Staff Legal Bulletin 14L (SLB 14L) and reinstated guidance put out under the first Trump administration, which companies had referenced when excluding, for instance, proposals tied to environmental, social and governance (ESG) issues on the grounds they constituted micromanagement.

Research published in July from LIMRA, a trade association supporting the insurance and related financial services industry, revealed that 12% of surveyed workers said they had opted (or would) out of a benefit they were previously enrolled in sometime during the prior two years.

.;12% of employees cited work-life balance as a turnover driver.; Access a related Workspan Daily article on this subject: ;Maximize the Potential of New Hires with Targeted Reward Strategies; The Benefits of Pay, and the Payoff of Benefits Salary is the basis of a good total rewards (TR) program, said Hannah Yardley, the chief people and culture officer at employee experience and recognition platform Achievers.